2019 _Winter_Magazine

Page 45

Top six Solar Asset Optimisation tips to ensure maximum returns Mina Mesbahi steps through key aspects of Solar Asset Management.

AS THE AUSTRALIAN SOLAR MARKET continues to scale, asset owners and managers will be faced with a number of complex issues unique to solar power generation. In an industry that is increasingly cost-conscious, equity returns have become far more dependent on the reliability of the system. So, where to begin with asset optimisation? Although the operational phase is the focal point, the project needs to also be cemented with the right foundation at the early stages to weather the test of time. Solarplaza is present in the most advanced solar markets and we’ve seen many recurring scenarios playing out. Here’s a curated overview of a few

fundamental tips to look out for in the early to midstage phases of an asset’s lifetime: 1. Turn ordinary data into extraordinary actionable insights Let’s begin with maintenance management systems and the fact that, in the year 2019, Excel spreadsheets are no longer an acceptable tracking system. Digitalisation has had an immense impact on how solar assets are managed and maintained across the globe. Going digital is the name of the game and having proper computerized maintenance management system (CMMS) capabilities in place will make all the difference. Continued over page

AUSTRALIAN CONFERENCE Sydney, Wednesday June 26 to Thursday June 27 More best practices in technical & financial management of operational solar plants The Australian solar PV market, being in its infancy, poses certain challenges. However, in every challenge lies an opportunity. Australia can capitalise on the learnings from other successful international markets. It is never too early to start optimising your assets To meet and learn from the best of the best, join the pre-eminent Solar Asset Management Australia, fully focused on the optimisation of solar plants and portfolios, taking place in Sydney on June 26-27. Join sessions like ‘Assessing PV Performance’ during the Solar Asset Management Australia conference. www.solarplaza.com www.australia.solar-asset.management

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