Increasing Solar Resilience and Reducing Energy Losses

Global commitments to decarbonize the World’s energy grids by 2050 have helped to increase the pace at which new solar energy generation and storage systems are installed and connected to the grid. This growth has been largely supported by and will continue to rely upon low-carbon energy investment from the private sector, as well as from government subsidies. Aligning financial risk and reward with low-carbon energy investment is critical for shifting the economy in the direction of lower GHG emissions. Without substantial government and private sector investment in clean energy, it will be more difficult, more costly, and more timeconsuming to address climate change on a global scale. Therefore, reducing the ROI uncertainty for asset owners, equity investors, financiers, and other investment decision-makers is critical to ensuring the long-term sustainable growth of the industry. We specifically do this by analyzing, validating, and contextualizing system failures and potential risks in solar energy projects, ensuring that systems are optimized to yield expected returns in a way that maximizes power output performance and reliability of components, modules, and arrays.

Utilizing Heliolytics’ aerial inspection services and site-specific recommendations is an active step toward mitigating these financing risks and helping to ensure the resiliency of the solar industry. Our inspection reports proactively identify anomalies and faults on site, which allows project owners and asset managers to make informed decisions about remediation, preventing costly module replacements before the system’s expected end of life.

Heliolytics aims to create data management systems that reinforce proactive asset performance feedback cycles to ensure not only current performance but long-term reliability.

Increasing the resiliency of the solar industry is core to our business strategy. We engage with and bolster resilience in the industry through formal stakeholder feedback capturing, industry research and events, collaboration with industry associations, and the IEC TC 82 Standards. In 2021, we have added additional resources to our team to further support the development of training and learning materials for our staff, allowing us to stay at the forefront of issue identification and remediation.

We will be measuring and managing this goal through internal objectives and key results for the products and services that support it. While we are just in the beginning stages of baselining and tracking our performance within the solar resiliency ecosystem, we look forward to setting goals and measuring progress in the future.

Increasing the resiliency of the solar industry is core to our business strategy.