Wind turbines and solar panels in front of blue sky
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2017-05-23 Frankfurt am Main press release 360 0

New VDE Certificate for PV power plants

Certificate allows investors to evaluate PV projects in the secondary market objectively

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Photovoltaic plants are aging – and owners and investors require confirmation that these assets are still functioning properly. VDE Renewables has developed a new certification product to meet the requirements of a growing secondary market for PV projects. It is a comprehensive, independent verification of PV power plants in terms of performance and quality. The focus is on electrical and mechanical safety, as well as the optimum operation of the power plant, looking at both the complete system and component levels. The certification consists of three levels: validation of the technical and commercial documentation, on-site verification based on fixed criteria, and yield data confirmation and analysis. If the PV power plant fulfills all criteria, it receives the certificate "VDE certified PV power plant in operation". Through the VDE certificate, project stakeholders, banks, investors and insurance companies can objectively assess the strengths and weaknesses of a power plant in order to make the right decision for an investment or an insurance evaluation. Plant owners are given an accurate assessment of the proper operation of their power plant through this comprehensive inspection.

"By analyzing the causes and providing recommendations for action, our assessment helps to minimize costs and risks and increase yields," explains Jonas Brückner, Head of Photovoltaic Systems at VDE Renewables GmbH. Based in Alzenau, VDE Renewables, which is 100% owned by the VDE Association, works closely with the financial and insurance sectors to understand their requirements. Its certification products are tailored to support the bankability and investability of renewable energy projects.

VDE Renewables will be present at Intersolar Europe in Munich from 31 May to 2 June 2017 in Hall A2 Stand 580.