SolarPower Europe has launched Version 1.0 of the Asset Management Best Practice Guidelines at the O&M and Asset Management 2019 conference in London. The document
Europe is the continent with one of the largest and oldest fleet of solar plants; we need proper care for these assets to meet performance expectations. Operation and Maintenance (O&M) and Asset Management are key to the technical and economic performance of solar systems and plants.
O&M and Asset Management became standalone segments within the solar industry and it is widely acknowledged by all stakeholders that high-quality O&M and Asset Management services mitigate potential risks, improve the Levelised Cost of Electricity (LCOE) and Power Purchase Agreement (PPA) prices, and positively impact the return on investment (ROI).
One of the main challenges facing the solar O&M industry is the discrepancies between the quality of services provided by different O&M contractors. Reasons for this include increasing price pressure, lack of standardisation and minimum requirements, inadequate management processes, poorly qualified staff and insufficient use of digital data analytics. SolarPower Europe’s O&M Task Force has therefore developed and updates annually the O&M Best Practices Guidelines to contribute to the improvement of the quality and standardisation of solar O&M.
With the professionalisation of solar investors and the globalization of solar investment portfolios, service quality expectations are rising rapidly, which puts increasing requirements on asset managers, too. As opposed to O&M service providers, asset managers deal with the commercial and financial management of a solar investment. To address the issue of quality in solar asset management, SolarPower Europe started the development of the Solar Asset Management Best Practices Guidelines, to be launched in December 2019.
Join SolarPower Europe’s O&M and Asset Management Task Force
SolarPower Europe brings together world class experts on O&M and Asset Management to drive the discussion and work on standards and practices that the industry, the financial community and all the relevant stakeholders can benefit from.
If you are interested in joining this Task Force, contact Máté Heisz.
Chair of the O&M and Asset Management Task Force
O&M Best Practice Guidelines Version 4.0
The SolarPower Europe O&M Best Practices Guidelines make it possible for all to benefit from the experience of leading experts in the sector and increase the level of quality and consistency in O&M.
The first version of the O&M Guidelines was published in 2016 to address service quality issues in solar O&M. By 2019, the guidelines have become a living document powered by an active community of experts. Version 4.0 provides updates which are considered important to keep pace with the fast development of the industry.
SolarPower Europe Webinar: Solar O&M Best Practices Mark
Solar Asset Management Best Practice Guidelines Version 1.0
The SolarPower Europe Asset Management Best Practice Guidelines Version 1.0 is inspired by SolarPower Europe’s O&M Best Practice Guidelines and defines minimum requirements, best practices and recommendations for high-quality Asset Management service provision.
Solar Best Practices Mark
The Solar Best Practices Mark is a suite of self-certification-based labels following the recommendations of the O&M Best Practice Guidelines and quality evaluation checklists for O&M, monitoring and aerial thermography services. The Mark’s purpose is to create more transparency in solar services and incentivise excellence by providing visibility to complying companies.
On 22nd November at Forum Neue Energiewelt in Berlin, SolarPower Europe presented the German edition of the ‘O&M Best Practice Guidelines Version 3.0‘. The report
This article is the first entry in SolarPower Europe’s 10-part blog series on ‘What’s Hot in Solar’. “The development of the Solar Asset Management Best Practices