The challenge
A commercial & Residential real estate developer owned a 500 kWp solar carport in Rijswijk that was significantly underperforming financially. The existing PPA was generating returns far below market levels, two inverters appeared to be malfunctioning, there was no active monitoring or maintenance contract in place, and a compliance inspection had never been formally closed. The asset was generating income, but nowhere near what it should.
Our approach
Bluepeak conducted a full performance review, combining a site visit, analysis of metering and billing data, contract review and market benchmarking. We identified three distinct problem areas: a below-market PPA causing revenues to be 60–70% lower than market rates, operational underperformance due to faulty inverters reducing production by an estimated 10–15%, and compliance gaps creating insurance and guarantee risks. We also uncovered a significant unexplained billing discrepancy that was directly impacting cash flow.
What we delivered
A comprehensive performance review report with a clear, prioritised action plan. Based on the findings, the client engaged Bluepeak as their ongoing Energy Asset Manager to implement the improvements, including sourcing a new PPA, selecting a new O&M contract, and onboarding the asset onto Bluepeak's EAM platform for continuous monitoring and reporting.
Energy as a business
The review showed that with targeted interventions, the financial performance of the solar carport could improve by over 60% within six months, without any additional capital investment in the installation itself. The combination of a better PPA, restored production and active management transforms a neglected asset into a reliable, optimised revenue stream.
Partners: Joulz, Balanz, Withthegrid