Despite the recent shift in energy policy announced recently by President Trump, U.S. utility executives remain bullish on utility-scale solar with more than two-thirds forecasting moderate or significant growth in installations. Despite this positive environment, developers, asset owners and EPCs are facing more pressure than ever to drive down costs as a result of steep declines in PPA prices.
Accurate energy production estimates for solar designs are especially important for commercial installations, where differences of even a few percent can translate to tens of thousands of dollars in net present value and cash flows.
Utility-scale Solar power plants have an expected life span of 25-30 years or even more. So, it is essential to employ high yield and highly reliable PV equipment to achieve higher returns for long term.