By DARA BUTTERFIELD
An asset management performance benchmarking tool for the UK and Irish wind and solar energy markets has been launched by Greensolver, an independent wind and solar farm asset manager and leading third party provider of renewable energy services in mainland Europe.
The Greensolver Index is set to allow investors and owners to continually monitor the performance of their portfolios in relation to other projects on an ‘anonymized’ basis. This includes information on how long average turbines have to be taken offline to be repaired, as well as market-wide information associated with failure rates and downtime analysis.
Guy Auger, Chief Executive Officer, Greensolver, said:
“As the number of investors in UK and Irish clean energy escalates, it’s imperative that new and prospective owner-operators have access to asset management tools and services that they’ve already come to expect in other energy asset classes.
“Yesterday’s launch of Greensolver Index ensures that a new generation of clean energy investors can feel confident in their investments, knowing how their assets and, critically, service providers are performing versus other equivalents in the same region, nationally or further afield.”
Stephen Bolton, UK Managing Director, Greensolver, said:
“As new projects and technologies are developed the Greensolver Index provides a completely new set of data at decision makers fingertips to assist in site selection, turbine and / or service provider selection, amongst other factors. Rather than basing decisions on in house assets, a true industry benchmark can be observed allowing a much more informed judgment to be made ”
Ahead of the UK and Ireland launch, the Greensolver Index has been extensively utilised within continental Europe.