Raptor Maps simply launched the sixth version of its “International Photo voltaic Report,” which options knowledge that starkly showcases the underperformance of photo voltaic belongings.
The report finds that world income loss attributable to equipment-driven underperformance final 12 months reached $4.6 billion, and that energy loss attributable to tools anomalies on photo voltaic farms rose from 3.13% to 4.47% year-over-year.
The “International Photo voltaic Report” attracts on knowledge from 125 GW of PV techniques from 1000’s of photo voltaic websites, and the report’s findings assume heightened significance given the photo voltaic trade’s unprecedented progress.
“The world surpassed the 1-terawatt mark for world photo voltaic installations two years in the past, and our sights are firmly set on the 10-TW milestone,” mentioned Raptor Maps CEO and co-founder Nikhil Vadhavkar. “Our sector is foundational to assembly our local weather targets of 1.5°C. Because the tempo of set up will increase, asset homeowners are turning to know-how to deal with the challenges outlined in our ‘International Photo voltaic Report’ to revive manufacturing, optimize asset administration, and make sure the investability of the sector for years to return.”
Raptor Maps recognized $177.7 million in preventable annualized income loss for patrons in 2023, a median of $4,696/MWdc, which, extrapolated to the entire trade, totals $4.6 billion in potential income loss.
The biggest photo voltaic websites within the examine tended to exhibit increased common energy loss, with websites between 100 and 200 MWdc averaging 4.75% energy loss, and websites above 200 MW averaging 4.91% energy loss. And that energy loss comes with a heavy monetary burden: Websites above 100 MW averaged $5,000/MW in annual income loss, surpassing the worldwide common of $4,696/MW.
As photo voltaic emerges because the dominant pressure within the clear vitality transition, progress will more and more hinge on autonomous techniques.
“House owners and operators who’re already working with digital twins of their websites can now leverage robotics and AI to deal with labor challenges straight impacting energy manufacturing,” famous Eddie Obropta, CTO and Co-founder of Raptor Maps. “We simply launched a brand new AI software, Instantaneous Inspections, primarily based on buyer demand, which permits the detection and categorization of thermal anomalies 99% quicker than standard photo voltaic aerial inspections at C&I websites.”