The data platform for improving the performance of solar energy assets, Prescinto Technologies has announced that Radiance Renewables, a developer of cost-efficient renewable energy solutions for commercial, industrial and residential customers, will be it as its primary monitoring and performance analytics software partner.
Prescinto’s unique ability to aggregate data from all types of energy sources into one single analytics platform will enable Radiance to monitor its solar asset portfolio efficiently
Speaking on the partnership, Amit Kumar Mittal, SVP & Head of Operations at Radiance Renewables, said, “We have chosen Prescinto to be our digital partner for our solar asset portfolio that we intend to expand aggressively in the coming two to three years. Prescinto was onboarded after a rigorous selection process that included both national and international players. Prescinto’s advanced analytics tools allow problems to be identified at portfolio, plant and device level.”
Puneet Jaggi, Founder & CEO at Prescinto, said, “While the industry is at the data capture and visualisation stage, Prescinto provides actionable intelligence to improve generation and return on investment based on advanced analytics and big data. Instead of being a cost centre to the CIO, Prescinto acts as a profit centre to the CEO.”
Prescinto will provide enterprise-level software to Radiance Renewables that will collect renewable energy plant data and apply data science models, to identify causes of underperformance and suggest work-orders to the plant crew to rectify problems and increase generation. By aggregating all project data on a single analytics platform, Prescinto will help Radiance improve productivity, quality and consistency of their asset management process.
With its patent-pending platform, Prescinto conducts root cause analysis on generation loss and provides actionable intelligence to improve generation resulting in higher RoI for plant operators and owners. The platform also provides a unified interface, computerised maintenance & management system (CMMS), for capturing status on action items, accessing document repository and capturing non-sensor data points.