Asset management is important because it helps ensure that solar installations are performing optimally and generating the maximum amount of energy possible. Solar asset management also includes preventive maintenance, which can help to avoid potential problems before they occur. Solar asset management is therefore essential for ensuring that solar installations continue to generate maximum energy output and produce the greatest possible financial return on investment.
Solar asset management is important for a number of reasons, here are some Key reasons:-
KeyReasons
To ensure the longevity of your investment
To maximize returns
To minimize risk
To comply with regulations
The three pillars of solar asset management are vital to have for any solar energy company for the purpose of operating efficiently. These three pillars of solar asset management are: Plant/Asset Management Supervision, Oversight & Management and deployment of modern technological interventions for plant improvement.
Supervision is the ongoing process of tracking a PV system’s performance data. This data can be used to identify issues early on and prevent potential risks from occurring. With this step, one can get reliable results.
Oversight and Management is the regular cleaning and servicing of PV systems. This helps to keep them running at peak efficiency and prevents problems from developing and also helps prevent any disruptions in the work.
There is also a need for deploying modern technological interventions that are useful for developing the plant. It then becomes easier to act on the findings and implement the changes required, supervise the performance after the changes and review the improvements as result of changes made.