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The success factors in the booming solar market by Trace Software International

The success factors in the booming solar market

The solar market is booming at a pace never seen before. We have entered a new era, with record growth figures. According to the latest report by the International Energy Agency (IEA) it is expected that the photovoltaic sector will drive the renewable energy market in the coming years, beating the hydroelectric and wind sector. Solar energy is increasingly in direct competition with fossil fuels. A photovoltaic (PV) deployment of 110 gigawatts (GW) is expected in 2018.

Which are the contributing factors to the industry’s success?

The expansion of renewable energy, such as solar energy, is a key element in improving air quality and the sustainability of the mix of our energy sources. With more attention to alternative and renewable energies, there are many interesting investment opportunities. In 2017, the global investment in renewable energy grew by 2% compared to the previous year, reaching 279.8 billion dollars. It is the solar energy sector that attracts most of the investments with a total of 161 billion dollars in 2016 and a growth rate of 18% in the same year. (UN Environment, Bloomberg New Energy Finance).
“The extraordinary surge in solar investment, around the world, shows how much can be achieved when we commit to growth without harming the environment,” said Head of UN Environment Erik Solheim.

The decline of the price of photovoltaics has certainly played a key role in empowering the global demand. The International Renewable Energy Agency (IRENA) estimates that by 2020 the price of energy production in large solar power plants could fall to around three US cents per kWh in many regions of the world. Photovoltaic becomes therefore accessible and attractive. In 2017, costs continued to fall for solar, in particular. The benchmark levelized cost of electricity for a utility-scale photovoltaic project dropped to $86 per megawatt-hour, down 15% on a year earlier and 72% since 2009. Some of this was due to a fall in capital costs, some to improvements in efficiency according to the Global Trends in Renewable Energy Investment 2018 Report. 

The proliferation of solar contracts invites to reflect on the policies of renewable sources. The increased competition has pushed governments to reduce prices, however public incentives are undoubtedly less important than before. The trend is clear, the expansion of the sector will be driven by solar tenders. According to the GTM Research, there are already 53 national markets in which there is currently a call for tenders or an auction program, compared to 32 in the second half of 2016. In addition, there are 29 other national markets where a project has been discussed or planned. Furthermore, power purchase agreements, tenant power, and sector coupling are generating new business models.

Solar photovoltaics are not anymore a thing of the future. Technical advances are undoubtedly a main driver of the solar market developmentfueled by the dynamic and competitive PV production. Main actors are driving the mass production with cost-effective technology and efficient manufacturing processes

The archelios™ suite is the state -of- the- art photovoltaic software solution to manage the entirety of a photovoltaic project. It is the unique tool in the market which allows the solar professionals to increase the performance of the project with the utmost precision. From the feasibility study, bankability, 3D design, to the compliance and calculation notes, right up to the operation and maintenance management, archelios™ suite sharpen your competitive position in the booming market of photovoltaics.

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Trace Software International confirms its participation in Intersolar

Trace Software International confirms its participation in Intersolar

For its second consecutive year, Trace Software International confirms it will be an exhibitor at Intersolar Europe, taking place 20th – 22nd of June at the Messe München exhibition center in Munich, Germany- Stand B3-575.
With a unique know-how and more than 30 years of experience in the industrial engineering, Trace Software International leads innovation delivering software solutions that disrupt old habits and provide decisive advantages in terms of profitability and safety.
With events spanning four continents and 26 years of experience, today Intersolar is the world’s leading exhibition for the solar industry. More than 55,000 visitors are expected in this upcoming edition. A very promising data which confirms how the event is seriously playing a worldwide major role in connecting solar businesses and increasing the share of solar power in the energy supply.
Photovoltaics are experiencing a second wind in Europe, in fact, figures are really positive. 2018 will witness a growth of +30% in Germany, France, Italy, the Netherlands and Spain. It is estimated that deployment will exceed 10 GW for the first time in years. The public incentive has less and less weight in the growth of the sector, which instead is due to the fall in prices and technological developments. Also, political incentives are becoming increasingly common across Europe with the use of public tenders, decentralized “citizen power” generation and net metering.
Trace Software International provides the professionals of the solar industry with cutting-edge and state of art software solutions, aimed to simplify processes and improve performance.
In a growing market, the archelios™ suite guarantees excellent results in terms of precision, time and productivity. It is a proofed real asset which adds value to the PV project.
The design process for photovoltaic systems has, for the most part, transitioned from a simple electrical equation to a complicated three-dimensional architectural, solar and financial analysis.
archelios™ suite is a comprehensive solution with enables feasibility study, bankability, 3D design, to the compliance and calculation notes, right up to the operation and maintenance management.
It is composed by:

archelios™  is an online application conceived to design, simulate and perform the economic analysis of photovoltaic projects up to 50kWp.
archelios™ Pro is the application for the 3D design, simulation, bankability analysis, and the most accurate yield forecast, for any kind of PV installation.
archelios™ Calc is a market leading software for electrical sizing of PV installations linked to the public network of the layout according to the different NF guides and the ICE standards.
archelios™ O&M brings all the benefits of PVBIMmock-up design to advanced PV monitoring. Thanks to this 3D model, all data is referenced to BIM and the user can import and access any information from any component of the plant well as pinpoint the location of any failure for a quick intervention.
You can request further information at the following LINK.

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Tracesoftware – Empowering electrical solutions.
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5 reasons why archelios O&M deserves a closer look by Trace Software International

5 Reasons why archelios™ O&M deserves a closer look

archelios™ O&M is the monitoring software for PV installations. It brings all the benefits of a PVBIM mock-up design to advance photovoltaic Operation and Maintenance.  PVBIM is the Building Information Modelling (BIM) concept applied to Photovoltaics. 

Here are 5 reasons why archelios™ O&M deserves a closer look.

 

·  3D mock-ups along with physical and electrical characteristics.

·  Collaboration with BIM&CO, the newest collaborative platform where all digital modeling players can create, publish, contribute and use BIM objects – PV modules mock-ups are stored in BIM&CO.

– Allow saving significant time editing and avoid errors.

· Easy-to-use 2D/3D Viewer/editor providing exceptional interactivity.

· No need for any re-entering or recapturing data, changes are propagated as necessary.

 

The growth of the PV industry depends on a strong relationship between software and engineering innovations that go together, that´s why we constantly drive forward software solutions for industry.

 

Get registered for the WEBINAR of tomorrow 31st of May 2018. 

 

 

Want to know more?

Tracesoftware – Empowering electrical solutions.

Check out: Webinars    eSHOP    Sales  Linkedin

PV Trends 2017 TSI

Green Dream: The Photovoltaic Market in 2017

BARCELONA (March 1, 2017) – [ANALYSIS] Breaking all the records, 2016 became the hottest year in modern temperature monitoring according to NASA. Such alarming observation needs to be taken very seriously.

Our Environment at Risk

According to Gavin Schmidt, director of NASA’s Goddard Institute for Space Studies, “90% of the warning signal in 2016 was due to rising greenhouse gas emissions.” And for him, the upcoming year shouldn’t be any different.

Global Land-Ocean Temperature Index in Celsius

Global Land-Ocean Temperature Index in Celsius

Source: Harvey F., “2016 locked into being hottest year on record, Nasa says,” October 18, 2016 in The Guardian.

Changing our habits and the way we consume is crucial in order to save our planet. Sustainability is key to the preservation of our fragile ecosystem during the next decades. According to the Bruntland Report for the World Commission on Environment and Development (1992), sustainability is defined as the “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”

Maintaining our consumption level of fossil energies is not an option anymore. In order to maintain our standards of living while protecting the environment, alternative forms of energy – more responsible and eco-friendly – are needed. Green energies have been developed in order to meet these needs.

A New Era for the World

According to a new report by Bloomberg New Energy Finance, solar power – energy from the sun converted into thermal or electrical energy – is now one of the cheapest form of new electricity on the market. Multiple countries are investing more and more in this form of energy.

Until 2013, France, Germany, Italy and the United Kingdom leaded the way as the biggest producers and consumers of solar power. However since then China has overtaken these countries, becoming the country with the highest number of installations at 44GW in the world. The United States and Japan are also expanding their investments and will probably distance Germany in the near future. Latin America is also getting more and more involved in the global development of the solar energy market. Brazil, Chile and Mexico are set to install accumulative 26GW by 2021.

Soon, developing countries will supposedly become the biggest producers and consumers of solar energy, leaving Europe and the U.S. behind. Evaluated $108.3 billion in 2014, the global photovoltaic solar market is expected to reach around $148.5 billion by 2020 according to Zion Research in its report “Solar Photovoltaic Market for Residential, Non Residential and Utility Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014-2020.”

Regional Share of PV Demand, 2015-2021E

Regional Share of PV Demand, 2015-2021E

Source: GTM Research, A Wood Mackenzie Global Solar Demand Monitor Q2 2016

The solar energy market is growing exponentially: civilians, governments and companies are now considering seriously this alternative.

Cheap and ecofriendly, solar power is now the best solution to help us reduce our foot carbon print and limit global warming.

According to the Office of Energy Efficiency and Renewable Energy, photovoltaic is defined as “the direct conversion of light into electricity.” Thus a photovoltaic system is defined as “a complete set of components for converting sunlight into electricity by the photovoltaic process, including the array and balance of system components.” Nevertheless such photovoltaic installations need to be well managed in order to maximize their efficiency. Keeping this major priority in mind, Trace Software International have created the photovoltaic software archelios™.

archelios™ Suite by Trace Software International

archelios™ Suite is a unique software solution that helps engineers, installers, consultants and investors work on the entirety of a photovoltaic project; from the feasibility study to the complete generation of the calculation notes and documentation that are needed for the implementation of such type of projects.

archelios Suite

archelios™ Suite is made of two major applications:

archelios™ Pro is an online application aimed at creating the complete design and feasibility study of any type of photovoltaic installations based on a 3D simulation and thanks to an updated worldwide database (from solar panels and inverters to meteorological stations), horizon masks, custom or manual string wiring and the most precise yield calculation (according to Photon Labs and the IJEEE). It allows the user to export his projects as a complete PDF report to MS Excel, AutoCAD and to archelios™ Calc.

archelios™ Calc is a complete calculation tool created to size photovoltaic installations that are connected to the grid according to the norms NF C15-712-1 Edition 2010-07 and 2013-07; IEC 2015-04 Edition. It is a professional tool specifically developed for photovoltaic installers, providing detailed one-line diagrams of the whole installation; DC and AC Electrical sizing; single and multiple inverters; visual signalisation; graphical indicators of compliance…

From May 30th until June 2nd, Intersolar Europe will take place in Munich (Germany). World’s leading exhibition for the solar industry, Intersolar will bring together 150 speakers, 1,200 exhibitors and over 40,000 visitors. Strongly involved in the preservation of the environment, the Solar Division of Trace Software International will take part to this major event and will launch archelios™ O&M, its new software for operation and maintenance of new and existing photovoltaic installations.

Solar power and photovoltaic systems are our future. It’s time for action: together let’s make the planet a better place for the next generations.