Solar Asset Management Best Practice Guidelines Version 1.0

SolarPower Europe has launched Version 1.0 of the Asset Management Best Practice Guidelines at the O&M and Asset Management 2019 conference in London. The document is inspired by SolarPower Europe’s O&M Best Practice Guidelines and defines minimum requirements, best practices and recommendations for high-quality Asset Management service provision.

With the professionalisation and globalisation of solar investors and investment portfolios, service quality expectations have been rising steadily, putting increasing requirements on Asset Managers, who are expected to continuously improve the return on investment via various processes including revenue optimisation, cost reduction, financial restructuring, contractual renegotiation and technology adaptation. To achieve this, Asset Managers are increasingly expected to transition from simple tools such as self-made spreadsheets to advanced digital Asset Management platforms, which enable efficient and effective management of wide and diverse solar portfolios.