2 weeks Ago By [email protected] (MENAFN)
With over 400,000 wind turbines worldwide and an industry growing at 8-10% per year, the potential market for Reoptimize Systems is vast. By optimising wind turbine performance through data-driven software adjustments, the company delivers an average 2.3% increase in energy production without requiring hardware changes.
This efficiency boost translates into a recurring revenue opportunity worth £1.5 billion globally. Currently, Reoptimize Systems operates six pilot projects across five countries, consistently demonstrating increased turbine efficiency.
The company's technology fine-tunes turbine power curves, reducing downtime, minimising mechanical stress, and extending operational lifespan. All optimisations are executed remotely, eliminating the need for on-site interventions. Reoptimize Systems was co-founded by experts in renewable energy, Chief Executive Officer, Juan Pablo Echenique, and Chief Product Officer, Dr.
Richard Crozier. Strengthening the leadership team, the company recently appointed Dr. Mike Anderson as Board Chair.
Dr. Anderson, a co-founder of Renewable Energy Systems (RES), brings decades of expertise in global renewable energy initiatives. Additionally, energy technology innovator Charlie Blair has joined the team, further reinforcing Reoptimize Systems' position at the forefront of wind energy optimisation.
The company presents a compelling investment opportunity: Co-founder Dr Richard Crozier said:“The bottom line is clear: Global wind energy capacity is growing by 8-10% annually, and the recurring revenue opportunity from optimising 400,000 turbines at 2.3% efficiency improvement equals £1.5 billion.
” Dr. Mike Anderson added,“I'm thrilled to join Reoptimize Systems at this pivotal moment. Our technology enhances turbine efficiency, contributing significantly to the renewable energy transition.
The potential for global impact is immense, making this an exciting opportunity for both the industry and investors.” With its proven track record and scalable technology, Reoptimize Systems is poised to play a crucial role in accelerating the clean energy revolution, helping wind farm owners maximise profitability while advancing Net Zero targets. Contact: .
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