The Orange Button Initiative was started recently to drive down the cost of distributed solar energy finance and facilitate data interchange. This initiative is promoted by a partnership between the U.S. Department of Energy Sunshot Initiative and the SunSpec Alliance, gaining significant traction in the solar PV and energy storage market. 3megawatt was invited to talk about our relationship to Orange Button, where North America’s lead customer manager Brendan Cook discussed “How automated data interchange can help reduce the effort of monthly reporting.” Brendan came back with lots of great insight and here are his top 3 impressions from the conference.
Excel is an incredibly useful tool and we may never move away from it entirely but it is important to recognize when your asset management practices have outgrown spreadsheets. It is time to move on… It will be hard to let go of those handcrafted spreadsheets that have become so routine but unfortunately they are not conducive to a complex portfolio and ultimately the growth of your company.
It is about that time - you must start processing your PPAs again it is an inevitable part of renewable energy management. Although a simple and routine task someone must do it. As an asset manager you might even look forward to the busy work, for once, you get to sit down with a cup of coffee. The problem is the endless amount of tasks keep piling up. Learn how easy it is to set up your automated invoicing system and even go paperless! It is a lot easier than it sounds.
The GDPR (General Data Protection Regulation) is a new regulation that will affect the EU. It is the most significant piece of European data protection legislation to be introduced in 20 years and it will come in force May 25th. Your privacy is very important to us! Accordingly, we have developed this policy in order for you to understand how we collect, use, communicate, disclose, and make use of personal information.
Listen to a new episode by Suncast that discusses how software might help companies grow in the renewables industry. This episode features Edmee Kelsey the founder and CEO of 3megawatt where she shares industry insights, market development, and professional growth.
Although renewable energy asset management software has many benefits, it’s not necessarily a required tool for every company. So if you’re still wondering whether or not it would be worth the investment for you, this section will help you pull the trigger.
The responsibilities of asset management go further than monitoring and maintaining the physical asset alone. Asset management includes accounting, cash management, regulatory, contract compliance, investor and bank reporting. With increased pressure on driving down costs, optimizing each of these aspects is becoming increasingly more important.
It was a very different mood in San Francisco last week. Different from last year. And different compared to this year's Intersolar Europe. I would call it a mood of cautious optimism. Less ostentatious booths. Less exhibitors in general. But the same number of visitors. The big 2016 party is over and everybody is curious what will happen next.
The solar industry continues to boom and investors and asset managers are seeing a significant growth of the solar portfolios they own and/or manage.
How does this change the way they do business? How do they organize their teams and their processes as they get ready for scaling?
Recorded on January 24, 2017. Hosted by Solarplaza