WinJi, a Swiss based company leading in artificial intelligence for renewable energy asset management and its innovative “True Power” platform, has been selected by Actis, an energy asset investor in growth markets across the globe, to implement their True Power platform. WinJi was chosen following a competitive selection process and is expected to support maximising the overall performance across Actis’ rapidly growing portfolio of renewable energy assets in its long-life fund.
WinJi will provide its performance and software platform solution for existing and new assets for the Actis long life infrastructure fund (ALLIF), which is investing USD 1.2 billion in operating energy infrastructure projects across Latin America, Africa, and Asia. The True Power platform will be initially integrated into 800 MW of existing renewable assets located in Brazil, Chile and India.
WinJi’s best-in-class asset management platform has been specifically developed for asset owners to meaningfully improve the overall profitability, resulting in significant project IRR optimisation. By applying sophisticated, AI based data analytics, the True Power Platform identifies performance anomalies, quantifies loss drivers and calculates suggestions to improve production efficiency. Key Performance Indicators help to improve asset management effectiveness, while historic benchmarks support top-down decision making.
“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,” explains Dr Ralf Nowack, Energy & Infrastructure Operations Director at Actis.
Bernhard Brodbeck, CEO and founder of WinJi states, “We are proud to partner up with Actis, dedicated to support Actis in their vision for excellent asset management. We are determined to support Actis in successfully achieving their ambitious goals and will ensure best-in-class asset management practice across their growing portfolio to maximise asset value.”