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Radiance Renewables to leverage Prescinto as its software partner

PrescintoTechnologies, a leading data platform used to improve performance of solarenergy assets, has stated that Radiance Renewables, adeveloper of cost-efficient, renewable energy solutions for commercial,industrial and residential customers, will be leveraging Prescinto as itsprimary monitoring and performance analytics software partner. Prescinto willprovide Enterprise level software to Radiance Renewables that will collectrenewable energy plant data, apply data science models to identify causes ofunderperformance, and suggest work-orders to the plant crew to rectify problemsand increase generation. By aggregating all project data on a single analyticsplatform, Prescinto will help Radiance improve the productivity, quality andthe consistency of their asset management process.

Speaking on thepartnership, Amit Kumar Mittal, Sr. Vice President and Head of Operations atRadiance Renewables said, “We have chosen Prescinto to be our Digital Partnerfor our solar asset portfolio that we intend to expand aggressively in thecoming 2-3 years. Prescinto was onboarded after a rigorous selection processthat included both national and international players. Prescinto’s advancedanalytics tools allow problems to be identified at portfolio, plant, and devicelevel. Another distinguishing feature that was in favour of the Prescintoplatform was its customized dashboards and reporting tools/technology. Ourassociation with them so far has been seamless & we would continue topartner with them in our growth aspirations.”

With its patent pendingplatform, Prescinto conducts root cause analysis on generation loss andprovides actionable intelligence toimprove generation resulting in higher RoI for plant operators/owners. The platform also provides a unifiedinterface, Computerized Maintenance and Management System (CMMS), for capturingstatus on action items, accessing document repository and capturing non sensordata points.

 


NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
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Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
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Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the   READ MORE...