Streamlining and Standardizing Due Diligence to Ensure Quality of PV Power Plants

Research output: NRELPresentation

Abstract

Those investing in PV power plants would like to have confidence that the plants will provide the anticipated return on investment. While due diligence is capably performed by independent engineers today, as PV systems mature, there will be benefit in standardization and streamlining of this process. The IECRE has defined technical information that is needed as a basis for each transaction step such as approving a design to begin construction, documenting readiness to operate, quantifying performance after a year of operation, and assessing the health of the plant in preparation for sale of the plant. The technical requirements have been defined by IEC Technical Committee 82 and have been designed to be both effective and efficient in completing the assessments. This workshop will describe these new tools that are now available to the community and will include a panel/audience discussion about how and when they can be most effectively used.
Original languageAmerican English
Number of pages115
StatePublished - 2017

Publication series

NameCompilation of workshop presented at Solar Power International, 10-13 September 2017, Las Vegas, Nevada

NREL Publication Number

  • NREL/PR-5J00-70270

Keywords

  • IECRE
  • investment
  • photovoltaic
  • power plant
  • PV
  • return on investment
  • ROI
  • solar
  • SPI
  • standardization

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