Page 51 - North American Clean Energy March April 2015

grants. But, it’s critical that each year owners can ensure they’re leveraging multi-disciplinary expertise Chad Sachs is CEO of RadianGEN, a provider of
owners report how their solar plant is and best practices in asset management from across the industry.
ongoing solar asset management and advisory services,
performing to the Treasury, who provided As the solar energy industry grows, smart and careful
works with solar power system owners to monitor and
the incentive. Failure to do so can result in solar asset management is becoming critical to the industry’s maintain solar system performance, ensuring system

expensive and unnecessary problems.
continued success. Managing solar assets to maximize ROI for the owners maximize ROIs.
Another potential concern is when long term is a sure-ire way to encourage future investment and
equipment breaks, and owners need
ongoing solar success.
RadianGEN | www.radiangeneration.com

to replace compromised modules or
other hardware. Technical solutions can
vary, and investors or lenders may have
diferent risk appetites that complicate

how quickly a decision can be made to ix
a technical solution. Delays created from
poor information dissemination, or even
poor maintenance of operational logs, can

lead to unnecessary tensions with lenders,
threatening the long-term performance of
a project.
So, how does one properly manage

all of the real and potential challenges
that occur with developing a solar power
project? here are several checks and POWERED BY:
balances to have in place, including:

• Clear oversight and management of
O&M providers;
• An ongoing cost/beneit analysis of
predictive maintenance solutions

(ideally, done before something fails);
• Cash low management, which includes a
record of all invoices and payments; and
• A schedule or deadlines to plan for and

meet (such as when to send a report to
Treasury).

To manage these and all of the other

issues that might come up with a
project, an asset management resource is
essential.

Outsourcing gains
Solar power projects are robust systems,
but they need thoughtful inancial,

technical, and operational management
to achieve and exceed expectations.
With a myriad of obligations to fulill,
owners often collapse by focusing on the SEPTEMBER 14–17, 2015

immediate, day-to-day activities of taking
care of the assets.
Anaheim Convention Center • Anaheim, CA
As a result, they can sometimes lose out
on identifying, developing, and closing

new projects and new revenue streams, Registration is now open for the most powerful
simply because of time management.
Outsourcing demanding obligations
solar event of the year.
can make solar project ownership

more eicient and cost efective.
Outsourcing can also ofer beneits
Join your industry colleagues at SPI for .
in terms of economies of scale and
industry proiciency, from those in the • daily networking opportunities

ield who are managing many hundreds • best-in-class education
of megawatts of projects across the PV
deployment spectrum.
• an expo loor with 600 exhibitors showcasing
Moreover, inding an in-house asset
new products and technology
manager who’s mastered all the disciplines
necessary can be tricky, as they’re • and more!
essentially a Jack or Jill of all trades: an
accomplished accountant, an experienced
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engineer, and a knowledgeable attorney, Learn more at
all rolled into one. By outsourcing to
independent experts, solar power systems

North American Clean Energy
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