The perspective of greater returns pushes forward the development of large, utility-scale solar projects. Unfortunately, many asset owners and managers undermine the need to use sophisticated software to manage an array of portfolio data: technical, operational, and financial. As portfolio managers overlook the necessity of data standardization, they are unable to compare asset management processes and performance monitoring, struggling in identifying the source of lost productivity.
Therefore, advanced software that helps manage data, increase energy production, and prevent losing revenue, becomes an inseparable part of the strategy for effective portfolio management.
Industry players looking to develop larger-scale solar portfolios should invest in digital technology early in order to avoid being constrained further down the line.