Vestas has unveiled a digital platform that aims to provide a marketplace to connect buyers and sellers of parts and services from across various renewable energy technologies.
Covento aims to transform a fragmented renewable aftermarket into a simplified and connected digital journey, the Danish company said.
“By creating a space for players across the renewable landscape to easily connect and collaborate, Vestas’ goal is to establish a stronger foundation for the renewables industry to build scale,” it added.
Vestas said Covento will directly address the renewables aftermarket, which consists of supply chain and commercial transactions that take place during operations and service.
The platform will list products and services from both Vestas and third party sellers, and will facilitate the delivery of goods from both itself and third party suppliers.
Buyers and sellers will gain access to one digital platform, where all parts and service needs can be met, and where it is possible to sell to the entire industry.
Vestas aims to launch Covento in selected countries on the European market later this year, and will be expanded to the US and Canada in 2022, along with other regions across the world in the near future.
Covento will eventually replace Vestas’ existing eCommerce platform Shop.Vestas.
Vestas executive vice president of service Christian Venderby said: “If renewables are to fulfil a central role in the global energy system, it’s crucial for buyers and sellers across the renewable landscape to adapt to a more transparent, and digitally enabled aftermarket environment.
“Covento will be an important step forward in shaping this environment, and ultimately maturing the commercial landscape around renewables.
“By creating a digital space for buyers and sellers to connect and collaborate, we can yield digital insights to deliver an improved user experience, and support new renewable technologies to enable scale.”
Vestas said global provider of energy and automation digital solutions Schneider Electric will be a future seller on Covento.
Schneider Electric executive vice president of energy management Philippe Delorme said: “Congratulations to Vestas for pioneering with an ambitious new platform and business model that not only accelerates the reach for key players, but also ignites new levels of innovation for renewables aftermarket.
“Schneider Electric is delighted to take an active role in the new marketplace as it allows us to further expand our business relationship with Vestas and the full renewable industry.”