{"id":17338,"date":"2022-11-22T14:52:00","date_gmt":"2022-11-22T14:52:00","guid":{"rendered":"http:\/\/www.res-group.com\/?p=17338"},"modified":"2023-08-27T14:52:43","modified_gmt":"2023-08-27T13:52:43","slug":"res-leverages-international-experience-to-save-australian-solar-farm-5m-over-the-lifetime-of-the-project","status":"publish","type":"post","link":"https:\/\/www.res-group.com\/au\/resources\/case-study-au\/res-leverages-international-experience-to-save-australian-solar-farm-5m-over-the-lifetime-of-the-project\/","title":{"rendered":"RES leverages international experience to save Australian solar farm $5M+ over the lifetime of the project"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">RES undertook detailed analysis to inform critical spares purchasing decisions for an 80MW+ solar farm managed by the RES Asset Management team. The analysis was to inform revised spare parts limits based on actual equipment performance and downtime.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Leveraging international experience from our global portfolio, the RES team in Australia developed a methodology to calculate anticipated failure rates and the associated&nbsp;lifetime. This data was used to identify the benefit of pre-purchasing additional spares to store on site, as compared to ordering additional parts as required, factoring in the cost of lost availability and revenue from potential downtime.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The analysis produced recommendations that will save the client more than $5M over the lifetime of the project. Creating further value for our global portfolio, this process can be rolled out to other projects (both wind and solar), using a site&#8217;s actual failure data to refine calculations and deliver lifetime value.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Adding your renewable asset to the RES portfolio increases long-term value for your project, with innovative cost-saving exercises from each site regularly applied across our global portfolio for the benefit of all RES-managed assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RES undertook detailed analysis to inform critical spares purchasing decisions for an 80MW+ solar farm managed by the RES Asset Management team. The analysis was to inform revised spare parts limits based on actual equipment performance and downtime.&nbsp; Leveraging international experience from our global portfolio, the RES team in Australia&#8230;<\/p>\n","protected":false},"author":1,"featured_media":17245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[364,252],"tags":[],"region":[342],"content_type":[436],"class_list":["post-17338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-management-au","category-solar-2-au","region-australia-au","content_type-case-study-au"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>RES leverages international experience to save Australian solar farm $5M+ over the lifetime of the project - RES<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.res-group.com\/au\/resources\/case-study-au\/res-leverages-international-experience-to-save-australian-solar-farm-5m-over-the-lifetime-of-the-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RES leverages international experience to save Australian solar farm $5M+ over the lifetime of the project\" \/>\n<meta property=\"og:description\" content=\"RES undertook detailed analysis to inform critical spares purchasing decisions for an 80MW+ solar farm managed by the RES Asset Management team. The analysis was to inform revised spare parts limits based on actual equipment performance and downtime.&nbsp; Leveraging international experience from our global portfolio, the RES team in Australia...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.res-group.com\/au\/resources\/case-study-au\/res-leverages-international-experience-to-save-australian-solar-farm-5m-over-the-lifetime-of-the-project\/\" \/>\n<meta property=\"og:site_name\" content=\"RES\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-22T14:52:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-27T13:52:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.res-group.com\/wp-content\/uploads\/2023\/08\/landowner_aus.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"945\" \/>\n\t<meta property=\"og:image:height\" content=\"539\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"RES\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@RESGroup\" \/>\n<meta name=\"twitter:site\" content=\"@RESGroup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"RES\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.res-group.com\\\/au\\\/resources\\\/case-study-au\\\/res-leverages-international-experience-to-save-australian-solar-farm-5m-over-the-lifetime-of-the-project\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.res-group.com\\\/au\\\/resources\\\/case-study-au\\\/res-leverages-international-experience-to-save-australian-solar-farm-5m-over-the-lifetime-of-the-project\\\/\"},\"author\":{\"name\":\"RES\",\"@id\":\"https:\\\/\\\/www.res-group.com\\\/au\\\/#\\\/schema\\\/person\\\/e4578b8414d75c1237c6dae6f38318a2\"},\"headline\":\"RES leverages international experience to save Australian solar farm $5M+ over the lifetime of the project\",\"datePublished\":\"2022-11-22T14:52:00+00:00\",\"dateModified\":\"2023-08-27T13:52:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.res-group.com\\\/au\\\/resources\\\/case-study-au\\\/res-leverages-international-experience-to-save-australian-solar-farm-5m-over-the-lifetime-of-the-project\\\/\"},\"wordCount\":202,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.res-group.com\\\/au\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.res-group.com\\\/au\\\/resources\\\/case-study-au\\\/res-leverages-international-experience-to-save-australian-solar-farm-5m-over-the-lifetime-of-the-project\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.res-group.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/landowner_aus.jpg\",\"articleSection\":[\"Asset Management\",\"Solar\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.res-group.com\\\/au\\\/resources\\\/case-study-au\\\/res-leverages-international-experience-to-save-australian-solar-farm-5m-over-the-lifetime-of-the-project\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.res-group.com\\\/au\\\/resources\\\/case-study-au\\\/res-leverages-international-experience-to-save-australian-solar-farm-5m-over-the-lifetime-of-the-project\\\/\",\"url\":\"https:\\\/\\\/www.res-group.com\\\/au\\\/resources\\\/case-study-au\\\/res-leverages-international-experience-to-save-australian-solar-farm-5m-over-the-lifetime-of-the-project\\\/\",\"name\":\"RES leverages international experience to save Australian solar farm $5M+ over the lifetime of the project - 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