Enverian signs deal with Mainstream Renewable Power

Irish software company Enverian has announced what it says is a landmark partnership agreement with renewable energy developer Mainstream Renewable Power.

The deal will see all of Mainstream’s onshore wind and solar energy portfolio being tracked, ranked, and valued using Enverian’s cloud-based Renewable Portfolio Manager application.

The system has already been deployed and will be developed further for Mainstream in partnership with Enverian with the aim of bringing greater value and efficiencies to the organisation.

According to Enverian, Renewable Portfolio Manager is the only solution in the market developed to help project managers, development executives, and chief financial officers in renewable energy companies maximise their investment by capturing real-time project information which can be used to inform key management decisions.

“We provide the answer to many of the biggest management challenges facing renewable energy development companies,” said  Enverian’s chief executive, Colin Rogan.

“Our product will allow them to track progress across their portfolio of projects from the earliest stage, rank opportunities in multiple jurisdictions across multiple energy types as potential investments, and ultimately to value them as long term assets. This enables fully informed investment decisions to be made and demonstrates where the company is creating most value by providing a single version of the truth.”

“Right now we’re developing 10,000 megawatts of onshore projects around the world, and tracking our project portfolio is a real challenge,” said Bartley Doyle, chief operating officer, onshore at Mainstream Renewable Power.

“As we grow our business and the number of our projects increases Renewable Portfolio Manager helps us to efficiently manage the complexity of the processes and provide timely information to stakeholders and investors. With Enverian’s Renewable Portfolio Manager we can have accurate updates of all projects in all jurisdictions which saves time and effort across the organisation. We now have a consistent approach to tracking all our projects in each of our onshore jurisdictions and now all our team are working on a single version of the truth.”

Grainne Rothery