{"id":3341,"date":"2022-09-23T18:46:32","date_gmt":"2022-09-23T13:16:32","guid":{"rendered":"https:\/\/smarthelio.com\/?p=3341"},"modified":"2023-09-12T19:27:34","modified_gmt":"2023-09-12T13:57:34","slug":"meet-smarthelio-team-at-rei-expo-2022","status":"publish","type":"post","link":"https:\/\/smarthelio.com\/meet-smarthelio-team-at-rei-expo-2022\/","title":{"rendered":"SmartHelio heads to REI Expo"},"content":{"rendered":"

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\"Meet<\/p>\n

It will be the first-ever event in India, where our team will be giving a LIVE Demonstration of our predictive analytics straight from our test facility. <\/span><\/i>The entire team is excited to showcase our predictive analytics solution, which has already gained traction with major solar developers in the EU and USA.\u00a0<\/span><\/i><\/p>\n

For the first-time SmartHelio is exhibiting at Asia\u2019s leading renewable energy event- REI-Expo-2022 going to be held at India Expo Centre, Greater Noida from Sept 28-30th. Our teams from the USA, Europe, and India are visiting India specially for the event where we will be giving a LIVE Demonstration of our predictive analytics straight from our test facility. All this in front of our booth visitors.\u00a0 <\/span>After getting huge responses at ISE Germany<\/strong> and RE+ USA<\/strong>, SmartHelio is exhibiting at REI-Expo<\/strong>, Asia’s largest renewable energy event.\u00a0<\/span><\/p>\n

It will be the first-ever event in India, where all our team members including our Data Scientists, PV experts, Resource forecasting and climate modeling scientists, and IoT experts will be present.<\/span> The entire team is excited to demonstrate LIVE, our predictive analytics solution<\/a>, which has already gained traction with major solar developers in Europe and the USA.<\/span><\/p>\n

As the cost of solar panels has dropped, so has the economic support for it, in the form of subsidies. The decline in the cost of solar has led to a lower bidding tariff, year after year. With prices dropping as much as 50 to 80%<\/strong> from 2015 to 2018, the profit margin for solar developers has thinned proportionately. Stuck in a classical case of increased merchant risk, in upcoming years, developers will be forced to trim their expenses on operational activities. Therefore, the need for digitalization and advanced analytics for optimal decision-making will become the priority not only for the developers but also for the financiers.\u00a0<\/span><\/p>\n

To support the global expansion of solar PV, solar financers rely heavily on the accuracy of probabilistic scenarios (e.g., P50, P90, P99 estimates) to structure the terms of energy deals and identify appropriate risk mitigation strategies. Inaccurate estimates significantly increase the risk of default on solar loans as an asset class, meaning the project has the insufficient operating cash flow to meet its debt service obligations.\u00a0<\/span><\/p>\n