Mumbai (Maharashtra) [India], October 7: TruBoard Partners, a leading tech-driven asset management company specializing in solar and wind energy, unveiled its latest innovation, TruGreen, at the Renewable Energy India (REI) Expo 2024, held from October 3 to 5. TruGreen is a cloud-based, end-to-end asset management platform tailored to support the renewable energy sector, offering stakeholders a comprehensive suite of tools for managing their solar and wind assets efficiently.
A one-stop solution for renewable energy management
TruGreen is designed to be a one-stop platform that addresses the diverse needs of renewable energy asset managers, from monitoring and analytics to finance and compliance. It features five cutting-edge modules:
- TruAnalytica: Provides real-time performance analytics for renewable energy assets, enabling precise monitoring and optimization of energy production.
- TruBuyer: A procurement-to-pay solution tailored for renewable energy projects, simplifying and streamlining the supply chain process.
- TruCovenant: Facilitates enterprise-level compliance management, ensuring that stakeholders meet regulatory requirements with ease.
- TruOps: A Computerized Maintenance Management System (CMMS) that offers paperless operations and supports the seamless execution of maintenance tasks.
- TruPrediction: A powerful tool for accurate forecasting and scheduling, helping asset owners anticipate future performance and optimize energy output.
TruGreen’s integrated approach offers an all-encompassing solution for renewable energy asset management. By enabling data-driven decision-making and operational efficiencies, the platform empowers renewable energy providers to maximize their asset yield while keeping operational costs in check. As the demand for green energy investment grows, TruBoard’s TruGreen platform is well-positioned to facilitate sustainable growth and help investors tap into the rapidly expanding renewable energy market.
Key differentiators of Trugreen
What sets TruGreen apart from other asset management platforms is its ability to integrate data from a variety of stakeholders, including Engineering Procurement & Construction (EPC) companies, Independent Power Producers (IPPs), Operations & Maintenance (O&M) providers, asset managers, and investors. This versatility ensures that TruGreen serves as a universal solution for all entities involved in renewable energy management.
TruGreen is also designed to be:
- Evolutive: Regularly updated with new features to adapt to changing market and technological conditions.
- Scalable: Capable of processing vast amounts of data from large renewable energy portfolios.
- Customizable: Users can create personalized dashboards to meet their specific needs.
- Cloud-Based and SaaS: The platform is accessible from anywhere, on any device, ensuring flexibility and security.
- Turnkey Solution: Delivered as a ready-to-use solution, with security and reliability as primary considerations.
Industry insights from Truboard leaders
Speaking at the launch, Rakesh Kalsi, Managing Director of Infrastructure Solutions at TruBoard Partners, highlighted the growing need for digital solutions in renewable energy management. “Almost all developers are looking for a digital-first approach. They want to replace routine, mundane processes with digital interventions to reduce the number of people per megawatt while adding an additional layer of governance,” Kalsi said. “By processing information directly from the source, we ensure data integrity and security. Our tools facilitate real-time interaction and eliminate the need for cumbersome email exchanges and spreadsheets.”
As the renewable energy sector in India continues to evolve, remote asset management is gaining traction. TruGreen addresses this shift by providing real-time data and insights, enhancing decision-making for asset managers and investors alike.
Truboard’s participation at REI expo 2024
TruBoard’s presence at the REI Expo 2024, which attracted over 800 brands and 50,000 visitors, provided an excellent opportunity to showcase the TruGreen platform. The REI Expo, Asia’s largest event for renewable energy solutions, brought together key players from the solar, wind, biomass, and energy efficiency sectors, creating an ideal platform for TruBoard to demonstrate its innovative solutions.
At the expo, TruBoard also exhibited its broader range of services, including Asset Management, Operations and Maintenance (O&M), Engineering Advisory, Investment Advisory, and Compliance Management. Among the flagship offerings were advanced digital tools for O&M, allowing asset managers to control their renewable energy assets from handheld devices. The integration of AI-powered drone technology for diagnostics was another standout feature, emphasizing TruBoard’s commitment to leveraging the latest technologies to optimize renewable energy asset management.
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Supporting India’s renewable energy growth
With the renewable energy market expanding rapidly in India, TruBoard Partners is well-placed to support this growth through its innovative technology solutions. As a Mumbai-based company, TruBoard is India’s first independent, sector-agnostic Asset Performance Management company. Its platforms utilize data and AI to maximize portfolio returns for investors, integrating technology into the post-investment performance cycle across both equity and debt categories.
TruBoard’s mission is to enable informed decision-making while enhancing the performance of renewable energy investments. The launch of TruGreen is a testament to this commitment, offering solutions that not only improve asset integrity but also measure the environmental, social, and governance (ESG) impact of renewable energy projects.
About REI expo
The REI Expo has grown to become a premier networking and business event for the renewable energy sector. It brings together key buyers and stakeholders from India and around the globe, creating a conducive environment for forging valuable connections and exploring the latest advancements in renewable energy technology. Through its participation in the expo, TruBoard Partners has demonstrated its dedication to leading the charge in renewable energy asset management and maximizing returns for its clients.
TruGreen is poised to revolutionize how renewable energy assets are managed, setting new standards for efficiency, compliance, and profitability.
