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Business Model Considerations for a Solution to Optimize and Diagnose Solar Panel Installations

Authors:
Lasse Berntzen
Saeed Teimourzadeh
Paula Anghelita
Qian Meng
Viorel Ursu

Keywords: solar panels; photovoltaic energy; testing; business model; IoT; cloud-based service.

Abstract:
This paper describes the business model considerations for an Internet of Things (IoT) solution to diagnose and optimize solar panel installations. The solution consists of a sensor platform and a cloud-based service. The sensor platform collects information about the position and orientation of the solar panels, the solar radiation, the ambient temperature and humidity, and the temperature of the solar panels. The cloud-based service receives the collected data together with data from the inverter. An algorithm analyzes the data and makes recommendations about possible adjustments and malfunctions. Users are offered recommendations through a web-based interface. The focus of this paper is the business model considerations. How can the solution create value for the manufacturer and stakeholders in the solar panel business? The solar panel value chain is examined to see where the solution can be bundled with other business activities.

Pages: 57 to 62

Copyright: Copyright (c) IARIA, 2023

Publication date: March 13, 2023

Published in: conference

ISSN: 2308-412X

ISBN: 978-1-68558-054-4

Location: Barcelona, Spain

Dates: from March 13, 2023 to March 17, 2023