Until recently, PV plants were designed and developed to last as long as the incentive schemes underpinning their business models – feed-in tariff regimes and green certificate programs, in particular. Such schemes generally provided for a period of 20 to 25 years and the horizon of developer business models was set to match this. But as solar has matured and costs have fallen, longer operational periods are becoming the norm, argues Christophe Campistron, a partner at Everoze.
Most PV projects were developed with feed-in tariff contracts and operating lifetimes of around 20 years in mind. However, today the market is considering longer lifetimes for such installations - typically 30-40 years.
Image: Scatec Solar
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