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column-21 animate-box fadeInUp animated-fast" style="text-align: justify;"> <p><strong>Asset performance management platforms tailored to the unique characteristics of energy storage will aid in increasing investor confidence, and fostering increased deployments of solar and storage projects globally.</strong></p> <p><strong>FREMONT, CA: </strong>Despite the innovative technology's impressive proclivity for growth through innovation, it has continued to lag in digitalization, which is required to unlock its potential upsides at a larger scale. Owners will struggle to scale this new asset class without investment-grade asset performance management tools. Lithium-ion battery storage will fall short of its promises to unlock new revenue streams for solar operators and make our electric grid more resilient to natural disasters.</p> <p>Digital asset management software is now required for successful asset management (AM) and operations and maintenance (O&M) in the wind and solar sectors. By providing complete data transparency to asset managers, operators, and investors, users can quickly identify underperforming assets, understand root causes, and resolve underlying issues, improving risk management, asset lifetimes, and ROI.</p> <p>While asset performance management software has enabled higher AM and O&M standards in the solar sector, the same cannot be said for storage. Instead, because the market is still in its infancy and storage assets are more complex than solar, operational performance standards for energy storage management have yet to be written.</p> <p>With investor attitudes toward energy storage shifting dramatically in recent years, this has become a growing issue for solar owners and operators. Storage assets are now attracting significant investor interest, both standalone and co-located projects. As a result, solar asset managers and operators must demonstrate that they can manage storage assets to the same high standards as they do solar assets. This aid in the maturation of the technology, overcoming integration challenges and establishing global performance standards.</p> <p>As the energy storage sector accelerates and attracts investment, integrating technical and commercial data streams from various clean energy asset classes into a single asset performance management platform will be critical to maintaining the sector's momentum. Solar operators and asset managers must now maximize the captured benefits of their storage assets from the start, capitalizing on storage innovation and lessons learned from the digital transformation of solar and wind.</p> </div> </div> </div> </article> <style>.breaking-news-title { float: left; margin-right: 30px; margin-top: 8px;}.breaking-news-title h3 { display: inline-block; position: relative; padding: 0 14px; margin: 0; height: 27px; font-size: 11px; font-weight: normal; letter-spacing: 0.2px; line-height: 26px; text-transform: uppercase;background-color: #43A3D6;color:#fff;border-radius: 0px;margin: 2px 0 7px 8px;}</style><div class="tag col-md-12"> <div class="breaking-news-title"> <img src="/images/tag_img_30_30.png" alt="tag" style="float:left;"/> <a href="https://www.energytechreview.com/storage/"><h3 class="title">Storage</h3></a> <a href="https://www.energytechreview.com/performance-management/"><h3 class="title">Performance Management</h3></a> <a 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document ).ready(function() {$('#withoutjs').hide();$('#formjsenabled').show();});</script> <div class="box" id="box4" class="config" data-duration="1200" data-easing="ease" style="min-height:300px;margin-bottom: 30px;margin-left: auto;margin-right: auto;"> <div class="side side1" class="config" data-duration="1200" data-easing="ease"> <div class="rnksp4"> <a href="https://energy-tech-europe.energytechreview.com/vendors/top-energy-technology-solution-companies-in-europe-2019.html" style="color:#fff;">TOP VENDORS</a> </div> <a href="https://energy-tech-europe.energytechreview.com/vendors/top-energy-technology-solution-companies-in-europe-2019.html" > <img style="width: 100%;" src="https://www.energytechreview.com/uploaded_images/qezbyAward-Logo_Energy-Tech-Eu.jpg" alt="Top 10 Energy Technology Solution Companies in Europe - 2019" title="Top 10 Energy Technology Solution Companies in Europe - 2019"> </a> </div> <div class="side side1" class="config" data-duration="1200" 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