2024 Global Solar Report
2024 Global Solar Report
2024 Global Solar Report
2024 Global Solar Report
With the rapid growth in the deployment of solar, the industry has continued to see a rise in underperformance. Raptor Maps' analysis of more than 125GW has shown that equipment fault-related underperformance has increased by almost 180% since 2019, resulting in up to $4.6 billion of potential annual revenue loss for the industry in 2023. Our report details trends and drivers of such underperformance, derived from our industry-leading dataset.
With the rapid growth in the deployment of solar, the industry has continued to see a rise in underperformance. Raptor Maps' analysis of more than 125GW has shown that equipment fault-related underperformance has increased by almost 180% since 2019, resulting in up to $4.6 billion of potential annual revenue loss for the industry in 2023. Our report details trends and drivers of such underperformance, derived from our industry-leading dataset.
With the rapid growth in the deployment of solar, the industry has continued to see a rise in underperformance. Raptor Maps' analysis of more than 125GW has shown that equipment fault-related underperformance has increased by almost 180% since 2019, resulting in up to $4.6 billion of potential annual revenue loss for the industry in 2023. Our report details trends and drivers of such underperformance, derived from our industry-leading dataset.
With the rapid growth in the deployment of solar, the industry has continued to see a rise in underperformance. Raptor Maps' analysis of more than 125GW has shown that equipment fault-related underperformance has increased by almost 180% since 2019, resulting in up to $4.6 billion of potential annual revenue loss for the industry in 2023. Our report details trends and drivers of such underperformance, derived from our industry-leading dataset.
Key Metrics
Up to $4.6B
Preventable Revenue Loss
Up to $4.6B
Preventable Revenue Loss
Up to $4.6B
Preventable Revenue Loss
Up to $4.6B
Preventable Revenue Loss
125GW
PV Systems Analyzed To-Date
125GW
PV Systems Analyzed To-Date
125GW
PV Systems Analyzed To-Date
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Solar's Ultimate Guide to Remote Monitoring & Response with Robotics
Drawing from learnings and data from over 3GW of installed autonomous docked drone capacity, this eBook provides a comprehensive summary of top use cases of autonomous drones, case studies with ROI, and the checklist for successful integration and operationalization.
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Maximizing Technician Success with In-House Drone Team Training
Using drones to collect imagery data has gained widespread traction as an efficient, scalable, and safe method of collecting data, and in-house drone teams improve mobilization flexibility, better equip technicians, and reduce costs.
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2023 Global Solar Report
Equipment-driven underperformance has resulted in losses of $82M for the 24.5GW analyzed in 2022 – scaled up to the entire solar industry, that translates to $2.5B in losses annually. Download the report below to learn more about the main equipment-related drivers of asset underperformance, benchmarks for power production loss by site size, and more – derived from our 80GW+ dataset of PV systems.
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