Renewable energy companies combine complex project finance during construction with asset-intensive operations post-commissioning — requiring ERP that handles both phases.
Project Finance During Construction
Solar and wind projects are financed with debt and equity that draw down during construction. ERP manages the disbursement schedule, construction cost tracking against budget, and lender reporting requirements.
Asset Registry for Generation Assets
A solar farm with 100,000 panels, 5,000 inverters, and extensive cabling infrastructure requires a detailed asset registry with component-level tracking for insurance and maintenance purposes.
Generation and Revenue Management
Power generated is measured by metering systems. ERP integrates with SCADA and metering systems to record generation, calculate revenue under power purchase agreements, and invoice the off-taker.
Preventive Maintenance for Energy Assets
Solar panels accumulate soiling, inverters have preventive maintenance schedules, and thermal imaging identifies underperforming strings. ERP manages these maintenance activities and tracks performance improvement outcomes.
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