Operating expenses are down and useful lifespans are up on utility-scale solar projects

By Kelly Pickerel, Solar Power World

The expected useful life of utility-scale solar PV projects has increased over time, while anticipated operating expenditures (OpEx) have decreased, according to new research from Berkeley Lab. Findings are detailed in a new paper: “Benchmarking Utility-Scale PV Operational Expenses and Project Lifetimes: Results from a Survey of U.S. Solar Industry Professionals.”

Useful life and OpEx are important (but sometimes overlooked) drivers of the levelized cost and profitability of utility-scale PV plants. This paper draws on a survey of U.S. solar industry professionals and other sources to clarify trends in these cost factors. Key findings include: Continue reading here.

TAX CREDITS EXTENSION

ADDITIONAL RECOMMENDED READING 

Previously Posted Resource On Virtual PPAs
Introduction to the Virtual Power Purchase Agreement, Rocky Mountain Institute Report
This report serves as an introduction to the virtual power purchase agreement (VPPA)—its place in the off-site renewable energy procurement market, how the VPPA works, and why VPPAs have been a popular instrument in the United States thus far. 

RECYCLING MARKET REPORT

Solar Panel Recycling Market, Transparency Market Research
An increased number of end-of-life solar panels are creating a demand for recycling activities in the U.S. Moreover, analysts of Transparency Market Research (TMR) opine that the U.S. is anticipated to account for the highest number of end-of-life solar panels in the upcoming decades after China. Hence, companies in the solar panel recycling market are focusing on value-grab opportunities in the U.S. As such, the market is estimated to reach a value of ~US$ 600 Mn by the end of 2027.