RES and Octopus Renewables have signed a three-year management contract that will see the former supply inverter spares for the clean energy investor’s solar assets in the UK.
The agreement requires RES to own over 1000 spare parts that are compatible with Octopus Renewables’ inverter fleet and deliver these on-demand within a guaranteed time period.
The kit will provide availability improvement and commercial advantage for 640MW of assets.
To support this and other recent growth, RES opened an operations and maintenance site in Exeter earlier this year. The new 2000 square foot facility enables enhanced spare parts management for all RES’ clients as well as office facilities for the team locally, the company said.
RES head of solar and storage Brian Darnell said: “When combined with our O&M service, the centralised parts management provides uninterrupted performance for solar assets for a much lower cost than the traditional approach.
“When equipment is offline due to lack of spare parts, it has a negative impact on energy generation. This new arrangement will actively support the production of much more green power and help Octopus’s assets perform more efficiently.”
Octopus Renewables asset management director Thomas Rosser added: “We have developed a great working relationship with RES over the past five years and we’re really pleased to build on this with the introduction of a bespoke spares management system.”