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At SmartHelio, We Built An Extremely Modular Solution Ensuring That Our Customers Can Pick And Choose From A Wide Range Of Predictive Analytics Modules To Empower Their Existing Infrastructure: Shankaransh Srivastava, VP – Marketing and Customer Success, SmartHelio

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Shankaransh Srivastava - VP - Marketing and Customer Success, SmartHelio

Reading Time: 4 minutes

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Conversation Highlights:

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  • We have been able to detect panel degradation along with its root cause at a very early stage for a plant in Rajasthan.
  • We have successfully provided long-term forecasting for solar & wind assets with over 99.5% accuracy to a client in India
  • We will be releasing 2 new products in the first quarter itself that will enable an AI-based ticketing system and intervention assessment to provide even more peace of mind to our clients.

What solutions and offerings does SmartHelio have for different market segments?

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Different markets have different needs and at times the requirements within the same segment of the market differ. Therefore, at SmartHelio we built an extremely modular solution, ensuring that our customers can pick and choose from a wide range of our analytics modules. For example, in India, we see our Dynamic Cleaning Scheduler, module-level real-time analytics, etc. in more demand, whereas in Europe and USA there is a popular demand for our maintenance resource optimization module. Currently, we offer SaaS and licensing of our software solutions to our worldwide clientele.

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How will SmartHelio’s Digital Twin better assist asset managers?

The basic function of a digital twin is to create a benchmark that is to measure the expected performance of a plant. For an Asset Manager, it’s important to know the maximum expected performance of their solar assets at a particular location, given its age, considering all non-recoverable losses (including design issues), climatic factors, etc. This expected performance keeps changing and our digital twin adapts dynamically to give a clear picture of the plant’s health to Asset Managers. This benchmark and anomaly detection ultimately makes sure that asset managers are acting proactively to maximize the uptime of their assets.

What are some upcoming technologies that will play a significant role in the solar field?

Solar energy largely has 2 innate limitations: module efficiency and the ability to produce stable round-the-clock power. The global scientific community is acting to solve these issues by testing different materials to build panels and efficient energy storage solutions. But an exponential surge in technologies will be seen in Asset Performance Management (APM) solutions. The innovation and speed in solar asset construction are far higher than the innovations and proactiveness with which we can currently manage the health of these assets. We need to catch up and we must do it fast.

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What have been some noteworthy projects for you that have showcased outstanding performance?

Primarily we focus on providing peace of mind to asset owners. We are immensely proud of some use cases which I can share:

  • We have been able to detect panel degradation along with its root cause at a very early stage for a plant in Rajasthan. This helped our client proactively claim a panel warranty.
  • We predicted inverter failures in 11 plants across 4 different counties. Collectively, inverter-based predictions saved $78’000/day loss
  • We have improved cleaning efficiency by 80% for a plant in Maharashtra. This also included studying the effectiveness of cleaning by their 3rd party vendor and the effectiveness of different cleaning methods.
  • We have successfully provided long-term forecasting for solar & wind assets with over 99.5% accuracy to a client in India

How is SmartHelio gearing up for 2023?

The solar industry will experience a very different SmartHelio in 2023. We will be releasing 2 new products in the first quarter itself that will enable an AI-based ticketing system and intervention assessment to provide even more peace of mind to our clients. One of the products would be mainly for the North American market to support the construction of new and resilient PV plants. We will expand to 5 more countries by mid-2023 and expand our team by 50%.

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