Are Solar and Wind Asset Management Converging?

Increasingly,  solar inverter investors who manage solar assets are taking on wind solar energy assets.

The level of slewing drive overlap solar energy between solar tracker actuator  the two sectors varies by market. According to GTM Research and SoliChamba's slewing drive new report on solar asset management, Solar Project there are numerous countries where top PV investors are also investing in solar slewing drive  wind. They include: Canada slewing drive (85 percent); France (80 percent); and India (76 percent). Remarkably, all markets  solar inverter exceed solar tracker actuator 50 solar energy slewing drive percent, except Chile.

FIGURE: Percentage of  solar energy solar damper Top solar slewing drive PV Investors Active in solar energy Wind, by  slewing drive Key Country

Source: Solar PV Asset Management 2017-2022
 

Overlap Photovoltaic holder between the solar tracker actuator two solar slewing drive industries solar damper also varies by portfolio size. The slewing drive figure below shows the net capacity split between PV solar tracker actuator portfolios slewing drive held by PV-only investors and those held by multi-technology players investing in Photovoltaic holder both wind and solar slewing drive assets.
 

Multi-technology players account Solar Project for most of the capacity for every single investor ranking group, except ranks slewing drive 26 to 50. In fact, portfolios from solar tracker actuator multi-technology investors make up 35.4 solar slewing drive gigawatts of net capacity across all investors analyzed in the solar tracker actuator GTM Research report -- approximately 80 percent slewing drive more than PV-only investor slewing drive portfolios (19.8 gigawatts). This capacity dominance solar tracker actuator slewing drive mostly solar slewing drive comes from solar inverter the top investors: 72 percent of the 25 leading players are Solar Project  slewing drivemulti-technology solar damper  solar slewing drive investors.

FIGURE: PV-Only vs. PV + Wind Investors in Net GW by Investor Ranking Group

 

Source: Solar PV Asset Management 2017-2022

Asset managers and software markets also overlap

Among Photovoltaic holder slewing drive 46 third-party asset solar tracker actuator managers solar damper solar slewing drive analyzed in the slewing drive report, 50 slewing drive percent are also managing wind assets Photovoltaic holder, and these firms make up 61 percent solar slewing drive of the capacity Solar Project managed by analyzed vendors.
 

On the software side, half solar inverter of the 10 vendors analyzed in the report consider the wind industry as a core market, a quarter claim they serve the wind solar tracker actuator market but see it as non-core to their business, slewing drive and the solar slewing drive other slewing drive quarter is planning Photovoltaic holder to offer a solution for wind in 2017 or solar tracker actuator 2018.
 

For asset management service providers solar damper and software vendors, solar and wind convergence seems to slewing drive be solar slewing drive slewing drive increasing for a Photovoltaic holder simple reason: The solar inverter two industries are very similar from a business standpoint,Solar Project and the move from one industry to the next appears solar tracker actuator slewing drive logical.

Technical aspects remain more distinct

On the Photovoltaic holder operations and solar inverter solar tracker actuator maintenance (O&M) solar slewing drive side, the crossover between solar and wind is less noticeable.
 

Most slewing drive  slewing drive PV Photovoltaic holder O&M providers are only managing solar plants, although a few Solar Project large players are managing wind plants as well, like Photovoltaic holder BayWa r.e. Operation Services and solar damper solar slewing drive EDF Renewable Services.
 

There slewing drive are fundamental slewing drive technology differences solar tracker actuator between wind and solar plants that make the jump from one industry Photovoltaic holder to the next much more difficult for O&M solar inverter providers than for investors or asset managers. However, there are strong similarities as well, particularly in the AC solar tracker actuator portion of the plant, and solar damper players that manage both assets Solar Project may be able to leverage economies of scale solar inverter  solar slewing drive in their operations center solar tracker actuator Photovoltaic holder infrastructure.
 

Despite Photovoltaic holder the differences in technology, monitoring software is an area where the solar damper two industries appear to  solar tracker actuator Photovoltaic holder be converging at a faster pace. In solar inverter 2015, solar slewing drive meteocontrol acquired the DaWinci wind monitoring platform from iTerra; in 2016, Power Factors acquired Ekhosoft, a platform monitoring both wind and solar plants. Several providers of wind supervisory controls and data acquisition systems solar slewing drive entered the solar market in recent years, like BaxEnergy and more recently Solar Project Envision.
 

GTM and SoliChamba solar slewing drive will be solar inverter watching solar tracker actuator this trend closely in future editions of their annual Global PV Monitoring and Megawatt-Scale PV O&M Solar Project reports.