October 15, 2020 — Company
Qair chooses Greenbyte to enhance operational performance of renewables portfolio
French independent power producer integrates versatile data hub to monitor diverse portfolio and enhance overall performance.
Director of Marketing, Greenbyte
Qair, an independent power producer of renewable energy, has selected Greenbyte’s asset management platform to provide complete oversight of its renewables assets, as it scales and diversifies its portfolio.
Greenbyte’s platform will act as a versatile ‘datahub’, enabling Qair to monitor and enhance the performance of its assets and provide the highest standards of asset management in each of its markets.
Qair’s renewable energy portfolio is currently made up of 400MW of operational solar, wind, and hydro assets in Poland, Brazil, Iceland, Vietnam, and Mauritius, with the IPP set to rapidly expand with over 3GW in the development pipeline mainly in Europe, Brazil, Vietnam, and selected African countries.
With a broad range of asset classes across these markets, including onshore and offshore wind and solar, the integration of an independent, technology-agnostic asset management platform is a logical step for Qair to take at this stage of its growth. Adopting Greenbyte will enable the company to draw real-time data from all assets and locations, establishing standard KPIs and benchmarks across its entire portfolio - ultimately driving overall portfolio performance.
With projects across four continents, the geographical diversity of Qair’s growing portfolio required an asset management approach that could help keep the IPP lean and efficient. To mitigate the challenges caused by different cultures, languages and time zones Greenbyte’s user-friendly dashboards will allow Qair to directly access and view the performance of each of its subsidiaries’ projects and provide effective support to local teams.
By integrating Greenbyte at this point in its expansion, Qair aims to ensure the smooth integration of assets coming online, ingraining its principles of asset optimization across each individual asset and demonstrating to investors its ability to achieve operational excellence.
Chloe Finot, Operations Director at Qair, said:
“In today’s global renewable energy market of technologically and geographically diverse portfolios, establishing a culture of asset optimization is crucial to achieving operational excellence. Greenbyte’s expertise, commitment to innovation, and significant amount of GW already on their platform made them an ideal partner, and we look forward to integrating the platform into our projects as they come online.”
Daniel Geissert, Customer Success Manager at Greenbyte, said: “Being able to gather and understand performance data is fundamental to managing assets effectively and providing investors with confidence that returns will be maximized. By investing in Greenbyte across its entire asset base, Qair will be able to enhance its performance monitoring capabilities and make more informed decisions to support the growth of its subsidiaries”.
Greenbyte was selected following a competitive assessment of independent providers. Integration of Greenbyte’s asset management platform started in 2020 and will continue as the portfolio expands.