Cubico Sustainable Investments has signed an agreement with Clir Renewables to optimise more than 500MW wind power across the former’s Latin American portfolio.
The deal follows a three-month trial period and will see Clir monitor, optimise and report on performance at three projects in Brazil and two in Uruguay.
Clir will assess performance on a per turbine and project basis, and then benchmark this data across the wider portfolio to support optimal asset operation.
Clir Latin America director Didier Fravega said: “We are delighted to work with Cubico to provide them with a true understanding of project performance and value based on the data.
“Our initial trial provided Cubico’s teams, both on the ground and back in head office, with unparalleled insight into not just the occurrence of underperformance across large scale wind projects – but crucially, its causes.
“Latin America is a key market for renewables, and by breaking down the data of existing assets, our platform will provide Cubico with comprehensive analysis of their investments in the region, accessible anywhere in the world.”
Cubico performance manager Charlie Plumley said: “At Cubico we are keen to apply innovative solutions and are fully invested in ensuring our projects are proactively managed to provide market leading results.
“Clir’s impressive data analytics capability and ongoing support provides us with rapid consultancy-level insight into project performance and value.
“With this in-depth understanding of asset performance accessible to all stakeholders, we will be able to more accurately predict future energy yield, validate decision-making, drive improvements, and ultimately create additional value for Cubico.”