GTM Research Inc. (Boston, Massachusetts, U.S.) has released a new report which predicts that the market for operations and maintenance (O&M) services for solar photovoltaic (PV) plants will triple in size by 2017.
“Megawatt Scale PV O&M Market” finds very large price and service level variations in the current market, with up to double the cost in high-priced markets such as Italy versus low-cost markets such as the United States.
The report also finds that higher prices are often due to local market conditions and not service levels.
“In countries where new construction activity remains high or growing, little consideration is given to O&M as a standalone business,” said report author Cedric Brehaut, principal at SoliChamba Consulting. “The market tends to treat it as an extension of project development, engineering, procurement and construction (EPC), or independent power producer (IPP) activities.”
Read the complete article here.
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