When a renewable energy asset management software and a monitoring system are integrated, reporting is based on a single, well-synchronized database. The team uses this repository to consult, analyze data on a single platform, and report essential performance indicators.
FREMONT, CA: One may now achieve seamless integrations with technological advancements and breakthroughs in renewable asset management. Using numerous tools to manage wind efficiently and solar farms is no longer a daunting endeavor, thanks to best-in-class Application Programming Interfaces (APIs). Wondering why integrating the asset management platform and monitoring system for the wind or solar assets is necessary? Have a look at the three most important factors.
- Reduced Redundancy and Repetition
Time is drained away by repetition and redundancy. They consume far too many resources in activities that could be readily abridged or, better yet, automated. Important data from one place can be sent or pulled into the other if the monitoring system is connected to the renewable energy asset management software via a robust API. As a result, the solar asset management platform can serve as the primary source of information. It removes time-consuming data entry and the need to update numerous platforms manually.
- Smarter Time Allocation
A 250MW utility-scale project can take up to four years to develop, according to the research. Soft expenditures, such as offtaker acquisition, financing, and installation, account for at least 60 percent of overall spending during this time. To get it off the ground, it took a long time and a lot of human labor. As a result, integrating smart software platforms and reducing time lags is an excellent strategy to reduce time lags. The result? Sleek workflows and quick decision-making.
- Simplified and Enhanced Reporting
Reporting can be difficult when you have an extensive portfolio of wind and solar projects. Data collection from numerous digital libraries and individual project files could take days. The information would then be analyzed and compiled by you and your team for monthly or quarterly reporting. When a renewable energy asset management software and a monitoring system are integrated, reporting is based on a single, well-synchronized database. The team uses this repository to consult, analyze data on a single platform, and report essential performance indicators.
See Also: Top Cognitive Solution Companies