Performance Optimization and Return on Investment in Renewable Energy Assets

  • Unique Paper ID: 206630
  • Volume: 13
  • Issue: 2
  • PageNo: 2301-2308
  • Abstract:
  • Solar, wind, and battery storage (BESS) projects are built to run for 15 to 25 years, so how well you look after them day to day makes a real difference to what they actually earn. This paper walks through the numbers that matter for each of these three technologies the key performance indicators (KPIs) and the formulas behind them, the main reasons plants lose output, and a simple way to work out ROI using payback period, LCOE, NPV, and IRR. It also lays out a practical maintenance plan covering what to check daily, monthly, and yearly. All the examples use realistic Indian project numbers so the math is easy to follow. The short version: keeping a close eye on KPIs and running a proper maintenance program usually adds 2–10% more energy output, helps equipment last longer, and improves the returns on the whole portfolio.

Copyright & License

Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{206630,
        author = {Deepak Sharma},
        title = {Performance Optimization and Return on Investment in Renewable Energy Assets},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {13},
        number = {2},
        pages = {2301-2308},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=206630},
        abstract = {Solar, wind, and battery storage (BESS) projects are built to run for 15 to 25 years, so how well you look after them day to day makes a real difference to what they actually earn. This paper walks through the numbers that matter for each of these three technologies the key performance indicators (KPIs) and the formulas behind them, the main reasons plants lose output, and a simple way to work out ROI using payback period, LCOE, NPV, and IRR. It also lays out a practical maintenance plan covering what to check daily, monthly, and yearly. All the examples use realistic Indian project numbers so the math is easy to follow. The short version: keeping a close eye on KPIs and running a proper maintenance program usually adds 2–10% more energy output, helps equipment last longer, and improves the returns on the whole portfolio.},
        keywords = {},
        month = {July},
        }

Cite This Article

Sharma, D. (2026). Performance Optimization and Return on Investment in Renewable Energy Assets. International Journal of Innovative Research in Technology (IJIRT), 13(2), 2301–2308.

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