Revamping complexity
Revamping, or plant modernization, is starting to come into vogue in some mature PV markets, and asset managers are beginning to rethink their operational strategies. Asier Ukar of PI Berlin details the strategic considerations, benefits, and risks of investing to extend the life and boost the returns of a solar asset.
Revamping considerations begin with the question of “when.” When does it make sense to upgrade? The first case is one in which there is a large technological leap between the network connection date and the present day. Projects in Spain and Italy are a good example, as both countries experienced their first solar boom …
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