CAPEX vs. OPEX Tracker Costs for PV Power Plant Projects

PART 1:

 

PART 2:

 

On this episode of Track to the Future, an Array Technologies podcasts, representatives of Array and RINA Consulting teamed up to explore CAPEX vs. OPEX tracker costs for modern utility-scale PV power plant projects.

RINA Consulting is an international, independent engineering consultancy providing expert services in a wide range of industries, including energy.

Jose Luis Galo Ibañez, Lucas Creasy and Travis Rose joined host Tyler Kern to dive into that CAPEX vs. OPEX discussion, outlining how different projects approach finding a balance between upfront spending and spending over the life of a project for maintenance and more.

RINA conducted an independent, multi-year research project to draw some conclusions about estimating operational cost for plants using single-axis trackers and more, providing some key insights that can help plant stakeholders make the right decision for their project.

“It was a long process,” Galo said. “The original idea was to define a reasonably simple model to allow for quick lifetime cost estimation, but it wasn’t so simple to find a wide enough, yet simple enough model.”

In the end, though, the companies crafted a comprehensive model that will help stakeholders understand the importance of conducting an OPEX assessment when selecting technologies and gain critical visibility into costs.

This reinforces Array’s commitment to providing key information and foundational knowledge for PV project stakeholders, who can then leverage that information to make the best direction for their plant and choose the best technology and partners to help make that vision a reality.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

data-driven tools
Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
July 26, 2024

As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…

Read More
On-device AI
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
July 26, 2024

On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…

Read More
modern supply chains
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
July 26, 2024

Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…

Read More
semiconductor manufacturing
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
July 26, 2024

Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…

Read More