Market Research Report
Guidehouse Insights Leaderboard Report: Solar PV Monitoring and Control Vendors - Assessment of Strategy and Execution for 16 Solar PV Monitoring and Control System Providers
|Published by||Guidehouse Insights (formerly Navigant Research)||Product code||945513|
|Published||Content info||50 Pages; 18 Tables, Charts & Figures
Delivery time: 1-2 business days
|Guidehouse Insights Leaderboard Report: Solar PV Monitoring and Control Vendors - Assessment of Strategy and Execution for 16 Solar PV Monitoring and Control System Providers|
|Published: June 24, 2020||Content info: 50 Pages; 18 Tables, Charts & Figures||
As renewable energy investments continue to expand and grow rapidly across on-grid and off-grid locations, investments in monitoring and control (M&C) of these assets have also gained momentum around the globe. M&C can have a significant impact on optimizing the overall levelized cost of energy (LCOE) with the help of sophisticated data analysis and sensors to detect any operational issues across solar PV and wind assets. Undetected generation losses from factors such as inverter failures, cable damage, installation errors, and dirty modules can lead to serious financial losses. Fast detection of deviations in yield is crucial to preventing both generation and financial losses.
The rapid pace of digitization across the energy sector has fundamentally led to a shift toward capital optimization of asset portfolios, putting more pressure on energy companies to ensure assets are operational. M&C of renewable energy not only refers to the software technology that monitors and controls generation of energy from these assets but also ensures that the service providers have a holistic approach to strategically manage asset performance optimization. Solar PV M&C vendors and software companies are embracing these value streams to provide added value to customers.
This ‘Guidehouse Insights Leaderboard’ examines the Strategy and Execution of 16 leading M&C vendors active in the solar PV market. These vendors are rated on 12 criteria: vision; go-to-market strategy; partners; product integration strategy; technology; geographic reach; sales, marketing, and distribution; product performance; product quality and reliability; product portfolio and ecosystem; pricing; and staying power Using Guidehouse Insights' proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies' relative strengths and weaknesses in the growing solar PV M&C market. The report also examines the key hardware and software revenue related to renewables M&C systems.