Actis chooses WinJi’s platform for renewable asset maximisation
Company News

Actis chooses WinJi’s platform for renewable asset maximisation

WinJi, a Swiss-based artificial intelligence (AI) company for renewable energy asset management, will provide its performance and software platform solution “True Power” for all existing and new assets for the Actis long-life infrastructure fund (“ALLIF”) which is investing $1.2 billion in operating energy infrastructure projects across Latin America, Africa, and Asia.

After a competitive selection process, Actis, a leading investor in growth markets in the energy infrastructure space with a $5 billion, selected WinJi for renewable energy asset management. The project’s mandate is to support maximising the overall performance across the company’s growing portfolio of renewable energy assets in its long life fund. Initially, WinJi’s True Power platform will be integrated into 800 MW of existing renewable assets located in Brazil, Chile, and India.

“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,” Ralf Nowack, Energy & Infrastructure Operations Director at Actis, said.

WinJi has developed the asset management platform specifically for asset owners to effectively improve their overall profitability thereby facilitating a significant project IRR optimisation. True Power Platform identifies performance anomalies, quantifies loss drivers and calculates suggestions to improve production efficiency by applying AI-based data analytics.

Rewritten from a company news release.

WinJi, a Swiss-based artificial intelligence (AI) company for renewable energy asset management, will provide its performance and software platform solution “True Power” for all existing and new assets for the Actis long-life infrastructure fund (“ALLIF”) which is investing $1.2 billion in operating energy infrastructure projects across Latin America, Africa, and Asia. After a competitive selection process, Actis, a leading investor in growth markets in the energy infrastructure space with a $5 billion, selected WinJi for renewable energy asset management. The project’s mandate is to support maximising the overall performance across the company’s growing portfolio of renewable energy assets in its long life fund. Initially, WinJi’s True Power platform will be integrated into 800 MW of existing renewable assets located in Brazil, Chile, and India. “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,” Ralf Nowack, Energy & Infrastructure Operations Director at Actis, said. WinJi has developed the asset management platform specifically for asset owners to effectively improve their overall profitability thereby facilitating a significant project IRR optimisation. True Power Platform identifies performance anomalies, quantifies loss drivers and calculates suggestions to improve production efficiency by applying AI-based data analytics. Rewritten from a company news release.

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000