Global coverage | Main office in Bucharest, Romania

Monday to Friday 09:00 am – 09:00 pm GMT+3

Comprehensive Growth and Optimization Consulting for a Multifaceted Renewable Energy Enterprise

September 2, 2023

Category: Renewable Energy

At Simion Advisory Partners, we engaged with a rapidly expanding European solar company, operating as a solar power producer, EPC (Engineering, Procurement, and Construction) contractor, and virtual power plant (VPP). Our role was to provide comprehensive consulting services to support their growth and optimize their operations across these different verticals.

Our first task was to gain a deep understanding of the company’s operations, challenges, and strategic goals. We conducted a thorough review of their business model, explored their current and potential markets, analyzed their project portfolio, and identified key performance indicators. We also assessed their competitive landscape and regulatory environment.

For the company’s producer role, we analyzed the performance of their solar power plants and suggested efficiency improvements. We recommended strategies for optimal site selection, technology choice, and maintenance practices to maximize energy production and returns on investment.

In their capacity as an EPC contractor, we provided guidance on streamlining their project delivery process. We identified opportunities for cost reduction, quality enhancement, and risk mitigation throughout the project lifecycle, from initial design and procurement to construction and commissioning. We also recommended ways to improve customer satisfaction and loyalty, such as enhanced communication strategies and post-completion support services.

As a virtual power plant, the company aggregates distributed energy resources and optimizes their operation to generate and sell power. Here, we advised on how to leverage cutting-edge technologies like AI and machine learning for more accurate forecasting and efficient grid management. We also outlined strategies for effective demand response, balancing supply and demand in real-time to improve grid reliability and profitability.

In addition to these specific recommendations, we provided strategic advice on how the company could navigate the rapidly changing renewable energy landscape. This included insights into emerging trends, technological advancements, regulatory changes, and market opportunities.

Finally, we delivered a comprehensive roadmap for the company’s growth, aligning their operations across the three roles and outlining clear, actionable steps to achieve their strategic objectives. This included recommendations on potential partnerships, market expansion, and technology adoption.

Our Solar Company Consultation was a testament to our deep expertise in the renewable energy sector and our ability to provide valuable, actionable insights through our sustainability consulting services. Simion Advisory Partners continues to support renewable energy companies in their mission to harness the power of the sun and contribute to a sustainable future.