Using asset management platforms to gain a portfolio-wide view of operations can improve operational staff efficiency by up to 20%.
For the third year in a row Solarplaza is glad to share with you the latest edition of our ‘’Top 70 PV portfolios in Europe’’ overview. In recent years, falling government support, increasing competition and harsh financial outlooks have continuously been spurring market consolidation, with fewer owners holding portfolios of increasing sizes.
Following the report on 15 largest transactions of operational portfolios/plants in North America, Solarplaza extended the research to the largest PV portfolio transactions happening in Europe. For every transaction, we collected information about the seller, buyer, value of the transaction, project size and number of plants (if it concerns a portfolio transaction), country and transaction date.
Using natural ground cover such as grass or crops is not only better for the environment but has other benefits as well.
Innovation in operations and maintenance is increasingly the name of the game in Europe’s maturing solar markets.
As solar power is increasingly popular and operators of solar parks in particular seek maximum returns, the concerns about PID are growing. PID (Potential Induced Degradation) is a fact of life in all photovoltaic solar systems. It leads to reduced efficiency of systems, in addition to the performance reduction through regular degradation processes, such as aging or impact from weather conditions and the like.
The third edition of the Solar Asset Management Europe conference will take place in Milan next week – and there are some big questions to address.
“Access to fast, precise and reliable data will become essential for PV plant operators in the short-term. Highly digitized and customized O&M solutions will be the key to run a profitable solar power plant.” Christoph Neufink, Head of Service at skytron® energy
Earlier this year harsh winter conditions across Europe stranded thousands of motorists, saw the Alps’ heaviest snowfall in 50 years, and caused widespread property damage. These extremes also led to headaches for the owners and operators of solar projects across the continent.
Lightsource, Europe’s largest solar developer, is investing in people skills to deliver a unified standard of maintenance across its estate.
In an exclusive Q&A, Bo Palmgren of Danske Commodities talks about energy trading in Europe… and how the German market is leading the way.
Standardised measures around plant performance may boost the secondary market for PV projects
Competitors are piling in to take advantage of a customer fallout from the merger mishap of one of America’s biggest solar monitoring companies.
Could investors pay for plant upgrades by being offered a share of the increased profits, asks the inverter maker?
Wind-style repowering may not be appropriate for most solar plants, but asset managers may want to keep other upgrade options under review.
Companies such as LichtBlick are pioneering a new way of delivering solar energy.
With state-backed incentives on the wane, European PV portfolio owners may find better deals in the continent’s increasingly sophisticated intraday energy markets.
Like last year, we have dedicated some time, as part of our preparations for the Solar Asset Management Europe conference, to creating an overview of Europe’s largest PV portfolios. With PV plants changing owner every week, the secondary market in Europe is still proving to be an exciting space to keep track of.
Variations of Solar Plants’ Data and Performance Still Too High for PV to be Seen as an ‘Asset Class’
The secondary market for solar PV assets has grown rapidly, without any indication of slowing down. According to Mr. David Fernandez, VP Asset and Risk Management with Terraform Power, there are plenty of assets available within the market. “I believe that the Yieldco scheme is changing the dynamic of the market, and will remain strong for quite some time. In my experience, the market is smart enough to figure out new and innovative ways of developing that are the most cost efficient, so I do not expect there to be a stoppage in the development of assets anytime soon, even after the ITC steps down to 10% at the end of 2016.”
“The ROC regime is due to come to an end from April 2015 onwards for plants over 5MW, however it will continue to apply to sub 5MW projects. For projects larger than 5MW, a CfD (Contract for Difference) regime will be implemented.