From one to fourteen clients in 12 months.
This month Clir Renewables is celebrating the first anniversary of opening its Glasgow office. The Glasgow base was set up, with the appointment of Craig McCall as Director of Europe, to support the expansion of their business in the region. In just a year, Clir Renewables has taken its European client base from a single client with just over 200 MW to exceeding 1GW of assets across fourteen clients.
“The last year was challenging at times as the sole person in the region initially, but it has continuously delivered rewarding moments. A few that stand out are signing the first new European client since the company started, moving to our third office space within a year, and surpassing the 1 GW mark in Europe,” said McCall.
On leaving the stability of a large organization for a start-up, McCall said, “It was extremely clear from the outset that the product was capable of more than I had witnessed in the market.” From a home office, supported by the team in Vancouver, Canada, Clir strategically targeted potential clients across the continent with excellent results securing additional projects in the UK and adding Ireland, Italy, Greece, France, Denmark, and South Africa to the list.
In the final quarter of 2018, Clir moved into its first office space in Glasgow, Scotland when Regional Manager, Brad Hodgson and, Marketing Manager, Mairead McMullin, joined the operation. An additional recruitment drive early in 2019 required a move to a larger office space. The recent addition of Marco Bianchini and Adrian Carnegie to the dedicated European team brings Clir’s global headcount to forty-two with numerous positions set to be filled in the coming months.
Clir Renewables CEO, Gareth Brown, said, “Opening the office in Glasgow was a strategic move to get a larger share of the European market. We have, and continue to build, a highly experienced team in Europe to support our clients in the region. The SaaS market for renewables in Europe is well established, and as a result, it is highly competitive. In addition to providing reporting and greater visibility for owners on their assets, our highly qualified team’s ability to support clients with clearly defined actions to improve performance and reduce costs has set us apart in the global market.”
Clir Renewables now supports over 4 GW of assets globally and continues to expand its European operation through the Glasgow base.
Clir Renewables shortlisted for start-up of the year at the European Wind Investment Awards
Wind optimisation software company Clir Renewables is named on the shortlist for the European Wind Investment Awards in the start-up category. The inaugural European Wind Investment Awards celebrate best practice in the European wind industry as it transitions to a zero-subsidy future. Hosted by A Word About Wind, the award winners will be announced at a black-tie dinner in London this October.
Clir Renewables provides a solution developed for wind farm owners, designed by renewable energy experts. The cloud-based AI platform provides asset managers and owners with tools to maximise annual energy production and provide clarity on portfolio performance. Founded in early 2017, the company now supports over 4 GW of assets worldwide with clients typically seeing increases of up to 5% in Annual Energy Production in the first year.
Craig McCall, Global Director of Business Development, said “We’re delighted to make the shortlist. It is great for the Clir Renewables team to receive industry recognition for all the hard work put in over the last two and a half years. We face tough competition in our category but wish everyone shortlisted the best of luck and look forward to the awards ceremony.”
The start-up category recognises the progression and positive impact of companies who entered the wind industry within the last five years. Clir Renewables is competing with High Speed Energy and Ripple Energy for the prize.
View the full shortlist
Clir Renewables secured a C$1.9m investment following discussions with multiple investors.
Canadian renewable energy company, Clir Renewables, has successfully closed an investment round, securing C$1.9m. The SaaS company has developed a renewable energy AI platform that helps wind farm owners and operators to maximize production and provides clarity on performance risk for all interested stakeholders.
Gareth Brown, Clir Renewables CEO, says, “It’s exciting times here at Clir. We secured this bridge financing to put us in a sound financial position to continue to grow the company globally and develop our domain-specific AI. It’ll allow us to continue to lower the cost of renewable energy and give us time to find the right Series A investor later this year. It’s fantastic to see so many of the previous investors reinvesting in the company and bringing in impact and renewable industry expertise investors from North America and Europe will align a lot of expertise with the company to facilitate a massive global impact. With a bit of luck, we’ll have over 10% of the world’s wind farm owners paying to use our platform by the end of June. We need to remain humble and focus on execution to drive our industry forward to lower cost of energy”.
Clir Renewables was previously awarded funding through Sustainable Development Technology Canada (SDTC), a Canadian government support for entrepreneurs accelerating the development and deployment of globally competitive clean technology solutions. The company also secured C$2.1m in a seed-stage financing round in 2018. This latest investment enables continued product development, strengthening existing features, and releasing new feature from the product roadmap.
Mike Winterfield, Founder and Managing Partner of Active Impact Investments, commented, “We have been watching the success of the Clir Renewables team for over two years and are thrilled to get an opportunity to support them in accelerating their global expansion. Climate change requires an urgent shift from burning fossil fuels, and the insights provided by Clir’s software will continue to drive the costs of renewable energy down so it becomes the obvious choice in all markets.”
As Clir Renewables gains more market traction, it is considering sourcing larger investors to assist in capitalizing on this traction and increased interest in the software.
Replacing components in a wind turbine is a costly procedure, especially if required urgently; however, it can be avoided or planned for by on-going monitoring of temperatures.
Canadian optimization software company, Clir Renewables, has released its latest AI feature. The Clir AI platform has evolved to learn how to identify anomalies in component temperatures to detect failure at an earlier stage.
budgets for wind farms account for the majority of associated OPEX. These planned budgets can be shattered if unexpected repair is required due to a component failure. Increased expenditure is not the only cost involved with unexpected failures. When a failure occurs, the turbine can be out of operation anywhere from a few days to a few weeks, dependent on sourcing replacement parts or required machinery in a quick timeframe.
The question is, can you predict and prevent component failure? The answer is yes. Clir AI can learn temperature behaviour in the context of the real world operational environment anomalies or trends that could be utilized to identify when a . Once identified this information allows owners and operators to assess components for signs of degradation which if ignored could lead to catastrophic failure.
Clir AI can remove some of the unknowns around unexpected failures by creating actions for the owner or operator to investigate the turbine further. The challenge for wind farm owners is the amount of data and its context. Simple peer to peer trending or other limited algorithms have shown time and time in our industry to frequently lead to false positives that cost owners money and impact confidence and trust in data analytics platforms.
This type of detection is difficult; turbine components heat up and cool down in different ways. Inconsistent measurement instruments between components and temperature are often driven by the conditions leading to a moment in time rather than specific live conditions. Clir AI puts the data in context and takes into account a variety of factors including, but not limited to, service information, . Based on all of this information, Clir AI learns for the turbine. If the temperature varies outside the probabilistic range, the system creates events and actions on the system. It reports multiple grades of severity, based on how much the trend deviates from the expected behaviour and learned failure models in the turbine.
As an independent system, Clir seamlessly integrates this detector with its other features, providing a multitude of information and actionable insights in one place.
“We really wanted to focus on building detection that has limited false positives, so the tool isn’t wasting peoples’ time while maximizing the benefit of early fault detection,” says Clir CEO Gareth Brown. “The approach maximizes the use of the data to drive improved performance, and crucially it can be scaled across all turbine technologies and as components are upgraded or replaced. It’s exciting to see when we take deep domain expertise and apply the latest and greatest AI techniques what we achieve”.
Image: Clir Renewables