North American downstream PV firm, Nautilus Solar Energy, has launched an integrated solar asset management division, bringing together the construction, operations and maintenance, and financial asset management of PV power plants.
The company claims that by combining these key aspects of plant operation and management, the new division, Nautilus Integrated Asset Management Solutions, will optimise the productivity and profitability of its projects.The company also plans to offer third-party asset management support to commercial and industrial project owners, and others involved in PV projects.
According to David Velasco, vice president of construction and operations of Nautilus: "The ability to offer combined physical, operational and financial asset management services is a huge advantage because the three are interdependent. By combining them, stakeholders are able to achieve a greater return on investment than if they were to handle the so-called ‘blue collar’ and ‘white collar’ aspects of solar asset management individually";.Nautilus Solar has over 100MW of PV projects under management in the US and Canada, across almost 60 separate projects.
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