The report notes that the rate of power losses due to anomalies nearly doubled from 1.61 percent in 2019 to 3.13 percent in 2022. The revenue loss for more than 24 GW of solar analyzed by Raptor Maps in 2022 is estimated to be about $82 million.
“Raptor Maps now has data from 80 GW of solar systems from thousands of individual inspections in dozens of countries, and the numbers tell us that power loss due to anomalies has nearly doubled in four years,” says Eddie Obropta, CTO and co-founder. Raptor Maps. “The implications for the industry’s long-term bankability are profound at a time when legislation like the Anti-Inflation Act is fueling solar growth.”
The 2023 edition of the Global Solar Report includes, for the first time, power loss benchmarks by site size, granular insights into module-level deviations by solar cell type, and a look at the changing module OEM landscape.
“Raptor Maps provides customers with a digital twin that is a living record of the solar farm, tracking power generation – or power loss – as it happens,” explains Obropta.
The report highlights the need for asset owners and managers to monitor equipment performance over time, proactively identifying maintenance issues and opportunities for warranty claims.
“Our Raptor Solar platform’s advanced analytics use measurements like those highlighted in this report to create a system of record that solar stakeholders can use to help installations thrive for decades,” said Nikhil Vadhavkar, CEO and founder of Raptor Maps. “Digital workflow can drive huge productivity gains by ensuring plants are operating at peak efficiency, as we’ve seen with our Raptor Solar Warranty Claims product, where preliminary data suggests a manufacturer review time reduction of up to 90 percent.”
The Raptor Maps dataset – which grew 21% from 2021 to 2022 – provides insights into the health of solar resources worldwide and provides benchmarking data for customers of its software platform, Raptor Solar.