Globally, the energy markets continue to witness an increased proliferation of distributed renewable resources (DER). The onsite power and behind-the-meter market segments are probably the biggest applications of DER generation technologies. Instances of outages and equipment fails in off-grid locations, along with random surges in power demand, can cost millions of dollars per day in lost revenue to asset owners. Adverse weather conditions and inefficient performance can exponentially increase the risk profile of these projects, creating an imperative need to optimize asset performance.
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