Project-related data points tend to lie farther away from the unity line. Therefore, although project- or site-specific issues may not occur as frequently as other categories, when they do occur they tend to have a larger impact on production than, for example, weather-related underperformance. In the first year, two-thirds of the project category anomalies are due to delays in permitting and constructions where cash flow has not yet commenced. In subsequent years, delays decrease to inconsequential levels, and the project category becomes dominated by operational issues. In conclusion, the data indicate that the large majority of systems operate under normal conditions, and to date these systems overproduce relative to the predicted value. And, at 1.7 GW of capacity—which is 13% of the roughly 13 GW of total PV U.S. capacity at the end of 2013—these 1603 projects can reasonably be viewed as a representative cross-section of the U.S. PV market.
Posted on: Tue, 13 May 2014 03:09:30 +0000
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