Renom Energy Services
Date | Investors | Amount | Round |
---|---|---|---|
* | $78.6m Valuation: $103m | Acquisition | |
Total Funding | - |
Recent News about Renom Energy Services
EditRENOM operates as an Independent Service Provider (ISP) in the global renewable energy market, specializing in the management and maintenance of wind turbines ranging from 0.225MW to 2MW across various makes and models. The company serves a diverse clientele, including wind farm owners and operators, by offering premium quality, value-added services at affordable costs. RENOM's business model revolves around providing comprehensive asset management solutions, which include remote monitoring and controlling through their proprietary SCADA system, electronic repairs, machine refurbishment, and crane-less maintenance services. The company generates revenue through service contracts and maintenance agreements, ensuring high reliability, availability, and performance of renewable energy assets. RENOM's innovative approach includes the use of digital twins and IoT-connected objects for simulations, testing, modeling, and monitoring, thereby enhancing operational efficiency and reducing costs. With over 1000 MW of assets under management and a presence across all renewable states in India, RENOM aims to be the most preferred ISP in the energy sector.
Keywords: Renewable energy, wind turbines, asset management, SCADA, electronic repairs, crane-less maintenance, digital twin, IoT, machine refurbishment, India.