Asset Optimisation forms a BIG PART of the overall solution.It provides a convincing, measurable and visible answer to the problems identified.

Asset Optimisation is a key element which will allow you to scale up and compete on better terms.
Better performance allows access to more capital.
Expansion to multiple different technologies will increase demand and complexity to perform. Establishing best practises on the initial stages of an asset acquisition will save time and cost in the long-run.


Process duration:
The projects will run parallel on the current portfolio under management.
The process lasts 12 to 18 months


Process requirement:
The process is performed on an operating portfolio basis.
The process is performed from a minimum portfolio of 5 assets.


Process key data:
The process is mainly based on analysis from project data provided by the Client,  through a dataroom.
The process analyses a list of key data.
A BASE financial model is agreed upon to be used as the reference point.


Process point of contact:
Greensolver appoints workstream leaders according to the 6 steps. For example:
Step 1, 2, 5: Asset Manager
Step 3: Financial Analysist
Step 4: Asset Manager, Executive and Legal Manager
Step 6: Asset Manager, Technical Advisory Services Coordinator


Process reporting:
Includes a quarterly reporting provided to the Client & a monthly call to discuss the process evolution.
The process includes Quarterly report, and monthly calls.


What we do for the Client:
We set, measure and analyse current KPIs.
We focus on contract review, technical and financial risk analysis.
We assess the asset management process and the major elements impacting the asset optimisation.


What we need from the Client:
We expect from the client all key data necessary to our mission in the correct format.
We need full cooperation from the Client organisation as well as its contractors.


What is the outcome for the Client
Greensolver will provide a detailed report of the 6 step process, leading to the recommendations to be implemented in Phase 2 and the list of potential actions to be taken.
Greensolver will define and lock the BASE financial model to set expected returns,
and provide a strategic asset optimisation plan.


A bi-monthly progress report is provided, and a monthly progress call is organised with the Client


What we do for the Client:
Greensolver provides a service of global asset optimisation in supervision of the operating contract. And proceed to the implementation, monitoring and measurement of all recommendations provided in Phase 1, as well as the management of any subcontractors related to the asset optimisation service.


What we need from the Client:
We expect a prompt Client acceptance of major recommendations measures.


What is the outcome for the Client
Greensolver proceeds to improvements, upgrades, renegotiations, that will lead to different results according to the process step.
Step 1 & 4: +1% production
Step 2: -1% reduction cost
Step 3: + 1,5 % of IRR estimated based on closing case
Step 5: – 1% OPEX
Step 6: Better practices, and market standards


A monthly report is provided to the Client.


What we do for the Client:
Greensolver monitors all technical, financial and process improvements on a monthly basis,
for each of the 6 steps on the portfolio through KPIs.


Step 1 to 4: Availability, MTF, MTR, downtimes, wake effect, vibration, temp…
Step 2: Management of contract …
Step 3: Level of Cash…
Step 5: Management of contract …
Step 6: Employee Turnover..


Greensolver will measure any optimisation implemented through the updated financial model on a monthly basis, as well as the production report.


The result of the asset optimisation process will be measured within 12 months of the PST major implementations.



01 ASSET PERFORMANCEreducing downtime, maximising production

  • Circular Active Management = transparent and live transmission of data. All stakeholders from the Service Providers to the Asset Owner have access and visibility on all events
  • Availability and Performance Increase by focus on measuring, adapting, improving the right KPIs
  • Risk analysis & monitoring
  • Active spare part management
  • Data Validation and Communication Reliability improvement
  • Data storage strategy, backup and analysis
  • Key Equipment defects management
  • Benchmark your data

02 OPERATION COST REDUCTION

  • Adoption of Best Practices on Asset Management
  • Better coordination with the Grid and DNOs – Future proofing sites
  • Service Contracts Optimization – Moving away from fully wrapped all-inclusive contracts
  • Ancillary services provision based on monetary decision making not trends
  • Physical Security – Better monitoring and prevention measures
  • Cyber Security strategy – testing, controlling, improving
  • Effective Insurance Claims Management. Used technology and benchmarking to build-up strong evidenced based claims
  • Power Import Reduction
  • Design reviews to optimise long term production (inverters, sensors, …)

03 FINANCIAL STRUCTURE RE-ENGINEERING

  • Debt Re-structuring / Re-financing Assets
  • Re-calculation of acquisition base case, driven by real historic data
  • Asset Based SLAs depending on the subsidy type
  • PPA review and re-structuring (layering)
  • Identification of new non-critical income streams (GOs, bitcoins, balancing)

04  LEGAL & CONTRACTUAL RE-NEGOTIATION

  • Lease – Extend duration of leases to exploit anticipated technology lifecycle duration
  • Penalties – Renegotiate Penalties with PPA provides and the Grid
  • New Regulations – Being able to adapt to conform with changing regulatory requirements
  • Data storage and usage rights
  • Manufacturing and insurance contracts management 
  • Maintenance contracts that focus on production optimisation 

05  TECHNOLOGY ADAPTATION & UPGRADES

  • Adoption of energy storage where appropriate and with careful planning
  • Adoption of add-on technology
    i.e. string level monitoring, vortex
  • Data harmonisation and connectivity. Different platforms, different locations, remote locations, unreliable communications
  • Advance Data Analytics and AI for predictive analytics and performance degradation analysis
  • Voltage Optimisation
  • Large key component replacement 
  • Define the retrofit strategy; monitoring and implementation 

06  PEOPLE ENGAGEMENT

  • Re-evaluate employee contracts
  • Provide Incentives for over-performance
  • Instil the essence of ownership and responsibility to your people with rewards and active team management
  • Provide training and a professional development plan
  • Treat your employees as they want to treat your business (in this case your assets)
  • External: Engage the local communities and people around the assets
  • External: Actively Engage the Landlords and the Farmers
  • External: Demonstrate good and efficient stewardship of the land and the environment to all stakeholders

  • Set the project teams on both sides
  • Finalise the scope of works
  • Put in place a necessary legal framework
  • Start sharing all project data through the Client data roomsInitiate the kick off meeting

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