Having worked with the leading equipment manufacturers, and with an experience of over 10 years in the O&M of solar power stations, Avenston carefully looks after our customers’ assets. We expand the useful lifetime of facilities, maximize their profitability, streamline their performance and availability, and minimize their consumption and operating costs. Our experience allows mitigating project risks by offering increased security to the owners, investors, and insurance companies facilitating management in investment projects.
Avenston pays great attention to the technical and service maintenance of renewable energy assets which can be routine, or non-routine, as well as in event of equipment failure or fault. We offer an extensive scope of services that can be customized to meet customer requirements:
Avenston also performs works on the full technical inspection of any type of solar power station, performs thermal imaging examinations, and carries out repairs of supporting metal structures (both fix-tilt and trackers). Our service team can conduct extraordinary visits if it is necessary to quickly eliminate the consequences of accidents or identify critical defects in the operation of any equipment of the solar power plants. Upon the сustomer’s request, the modernization of the existing systems is possible, which provides expanding the functionality.
Service maintenance efficiently performed allows not only to identify possible shortcomings in the operation of the equipment but also provides its guaranteed operation. The benefits resulting from our service support: guaranteed high level of service, оptimization and ability to schedule servicing and repair costs, minimization of business risks by downtime reducing and prevention of possible accidents, application of advanced technologies and techniques, responsiveness.
Avenston offers its customers several packages of services for the operation and maintenance of solar PV power plants.
In addition to the service packages described above, Avenston also performs separate work on the full technical inspection of any type of solar power station, performs thermal imaging examinations, organizes the washing of the surface of solar panels, and carries out repairs of supporting metal structures (both with a fixed angle and trackers). Our service team conducts extraordinary visits if it is necessary to quickly eliminate the consequences of accidents or identify critical defects in the operation of any equipment of the solar power station.
All the evidence points towards the fact that Operations and Maintenance are being recognized for their critical role in optimizing photovoltaic solar power assets. O&M has long evolved from the days of being an add-on to Engineering, Procurement and Construction (EPC) contracts and has charted its own course to become a standalone industry that is seen as a critical component in the solar energy value chain.
Many investors are more interested in reducing risk than maximizing internal rate of return (IRR). Investors would prefer 5% IRR with 100% certainty over 10% IRR with 50% certainty, although the two are of statistically equivalent value. Investors will make an investment decision based on mitigating performance risk with effective O&M, and then the financing rates are determined mainly through competition from other banks. Standardization of O&M practices will facilitate both investor analyses of risk factors as well as securitization of PV asset cash flows. Risk reduced by effective O&M will enable banks to qualify more projects, and that will eventually increase competition and reduce borrowing costs.
The market for services around solar PV assets is changing and becoming increasingly mature. This leads to the observation, that O&M is becoming a business and is separating from EPC, which it was attached to in the early years of the industry. The O&M business across Europe is also consolidating and specialised companies are offering their services. In these guidelines O&M focuses on the technical operations and maintenance services for utility-scale PV power plants. Asset management, which is also a very important piece of PV plant ownership, is seen to cover all the commercial and administrative activities of importance during the lifetime of the plant.