Winji will provide its performance and software platform solution for existing and new assets for ALLIF, which has been investing USD 1.2 billion in operating energy infrastructure projects across Latin America, Africa, and Asia. Initially, the platform will be integrated into 800 MW of existing renewable assets located in Brazil, Chile and India.
January 21, 2021. By Manu Tayal
A global energy asset investor Actis has selected WinJi’s innovative True Power platform to maximize asset performance and support value creation for its renewable energy projects in the Actis Long Life Infrastructure Fund (ALLIF)
WinJi is a Swiss based company leading in artificial intelligence for renewable energy asset management, and has been chosen following a competitive selection process.
The company will provide its performance and software platform solution for existing and new assets for ALLIF, which has been investing USD 1.2 billion in operating energy infrastructure projects across Latin America, Africa, and Asia.
Initially, the True Power platform will be integrated into 800 MW of existing renewable assets located in Brazil, Chile and India.
Commenting on the development, Dr. Ralf Nowack, Energy & Infrastructure Operations Director at Actis, said “WinJi’s expertise in AI based performance analytics, their in-depth industry knowledge together with the ability to provide value-adding insights, were the main criteria to sign this agreement.”
WinJi said that it’s asset management platform has been specifically developed for asset owners to meaningfully improve the overall profitability, resulting in significant project IRR optimization.
By applying sophisticated, AI based data analytics, the True Power Platform identifies performance anomalies, quantifies loss drivers and calculates suggestions to improve production efficiency. Key Performance Indicators help to improve asset management effectiveness, while historic benchmarks support top down decision making.
“We are proud to partner up with Actis, dedicated to support Actis in their vision for excellent asset management. We are determined to support Actis in successfully achieving their ambitious goals and will ensure best-in-class asset management practice across their growing portfolio to maximize asset value,” stated Bernhard Brodbeck, CEO and founder of WinJi.
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