Key Insights from RE+ 2023

At RE+ 2023, industry leaders, innovators, and stakeholders gathered to explore the latest advancements, challenges, and opportunities within the renewable energy sector. Among the many exhibitors, presentations, and discussions, several key takeaways emerged, offering clarity on the current state of the industry and its trajectory moving forward. Here’s a deeper dive into Pure Power’s key insights from the event: --- ### Labor Costs and Value Engineering The rising labor costs in the renewable energy space have somewhat offset the declines in module prices. Rooftop installation expenses have surged significantly due to increased labor costs. In response, value engineering has become a critical tool for developers and EPCs to trim overall project expenses. Pure Power’s commitment to value engineering design, coupled with a team of over 90 engineers continuously striving to enhance project efficiency, positions them as a standout asset in today’s market. --- ### Switchboards: A Persistent Hurdle A recurring challenge in the renewable energy sector is the lengthy lead times associated with switchboards. Delays in receiving switchboards can derail project timelines and inflate costs. To address this issue, there’s a growing trend toward utilizing multiple disconnect switches and panel setups, particularly for smaller projects. This approach minimizes reliance on a single switchboard supplier, thereby reducing project risks. --- ### Fire Resistant Boards: Enhancing Safety An interesting development highlighted at RE+ 2023 was the use of fire-resistant boards beneath string inverters on rooftops. These boards act as a protective layer, safeguarding roofs and buildings from potential fire damage. Companies like Amazon have already adopted this practice at certain facilities, signaling the growing emphasis on fire safety in renewable energy installations. --- ### The Evolving BESS Landscape Battery Energy Storage Systems (BESS) are rapidly transforming, with many string inverter vendors entering the BESS market with all-in-one turnkey products. Similarly, module manufacturers are venturing into BESS solutions. While the demand for DC-coupled storage seems to be waning, utility-scale projects ranging from 30MW to several hundred MW are gaining traction. Clients are actively seeking partners for these large-scale initiatives. --- ### Shifting Focus: Standalone BESS Projects There’s a noticeable rise in standalone BESS projects, typically spanning 3 to 5MW. Some clients have ambitious plans, such as developing 2.5GW worth of projects over the next five years or dozens of projects aiming for substantial completion by 2025. However, supply chain challenges—especially for switchboards and transformers—remain formidable obstacles. --- ### Abundance of Project Opportunities Conference participants agreed that a plethora of renewable energy projects awaits execution. These aren’t just theoretical “brag-a-watts” but tangible opportunities requiring immediate attention. Clients trust Pure Power as the sole company in the industry with the engineering expertise and efficiency required to meet their tight project deadlines. In contrast, competitors often lack the same level of throughput, given Pure Power’s robust team of over 90 electrical engineers and a cadre of 19 Professional Engineers and Project Managers. --- ### Balancing Cost and Quality While some clients acknowledge that Pure Power may come at a higher price point, they recognize the value it brings. Many have witnessed the pitfalls of opting for cheaper, lower-quality engineering solutions. For larger projects and portfolios, selecting a seasoned and reliable partner like Pure Power Engineering is seen as the optimal choice to maximize energy generation revenue while minimizing project costs. --- ### Utility-Scale Inquiries and Expectations On the utility-scale front, clients frequently inquire about Pure Power’s capabilities and experience in solar-plus-storage projects. Questions often center around project sizes, locations, and the EPC partners involved. Pure Power boasts six senior engineers dedicated to utility-scale projects, having completed ten project engineering designs in the last year alone. For instance, Pure Power provided comprehensive electrical engineering services for the 238 MW DC Escalante utility-scale PV plant, including power system analyses, cable thermal assessments, short circuit evaluations, load flow and reactive power analyses, grounding assessments, arc-flash analysis, and PVSYST modeling. --- In summary, RE+ 2023 shed light on both the challenges and opportunities facing the renewable energy sector. As the industry continues to evolve, adaptability, responsiveness to market trends, and a steadfast commitment to quality will be essential for success.

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