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Saturday, January 11, 2025

Raptor Maps’ World Photo voltaic Report Finds $4.6B Annual Income Loss






Raptor Maps has launched the sixth version of its World Photo voltaic Report, that includes knowledge this yr that it says demonstrates the underperformance of photo voltaic belongings. 

Drawing on knowledge from a complete 125 GW of PV techniques, the report finds that international income loss resulting from equipment-driven underperformance final yr reached $4.6 billion, and that energy loss resulting from tools anomalies on photo voltaic farms rose from 3.13% to 4.47% year-over-year. 

“The world surpassed the 1 terawatt (TW) mark for international photo voltaic installations two years in the past, and our sights are firmly set on the ten TW milestone,” says Raptor Maps CEO and co-founder Nikhil Vadhavkar. “Our sector is foundational to assembly our local weather objectives of 1.5 levels Celsius. Aenges outlined in our World Photo voltaic Report to revive manufacturing, optimize asset administration, and make sure the investability of the sector for years to return.” 

“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,” provides Eddie Obropta, CTO and co-founder of Raptor Maps. “We simply launched a brand new AI software, Immediate Inspections, primarily based on buyer demand, which allows the detection and categorization of thermal anomalies 99% quicker than standard photo voltaic aerial inspections at C&I websites.”








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