Renewable Energy

According to McKinsey, the increasing demand for energy and changing consumer expectations have made the energy sector more complex, competitive, and unpredictable. At the same time, sources of energy that can be replenished naturally, such as solar, wind, hydro, and geothermal energy are transforming the energy sector. These companies are becoming more innovative and integrated with the help of Information Technology.

Though this sector has been an early adopter of digital technologies, further digital transformation is necessary to overcome these challenges while improving sustainability. As power companies build their renewables portfolios, two components are essential for this digital transformation:

  • “Leveraging Technology” to streamline operations, automate processes, and,
  • “Utilizing Data” to gain actionable insights and to make data-driven decisions

Major Challenges

The renewable energy sector, despite its vast potential, grapples with significant challenges that could impede its expansion and universal adoption. These are:

  • Intermittency and Grid Integration
  • Data Management and Analytics
  • Cybersecurity and Data Privacy
  • Regulatory Compliance

Intermittency and Grid Integration

Intermittency and Grid Integration

Cybersecurity and Data Privacy

Cybersecurity and Data Privacy

Data Management and Analytics

Data Management and Analytics

Regulatory Compliance

Regulatory Compliance

Major Trends in Digital Transformation

Automation
Automation
Reduced expenses, increased efficiency, more consistent quality control, easier access to data and staying compliant.
Energy decentralization
Energy decentralization
Innovative new approaches and methods to guide production and sale of the generated energy.
Development of IoT
Development of IoT
Enhanced data collection and analysis, improved security, event data capture in real-time.
Artificial Intelligence
Artificial Intelligence
Smart grid networks and accurate forecasting & prediction for better usage of renewable energy.
Cloud Computing
Cloud Computing
Better cost management, sharper decision-making, better management of production, distribution, and provisioning.
Blockchain
Blockchain
For transparency in peer-to-peer energy trading, keeping track of renewable energy sources, and recording carbon footprint.

Major Trends in Digital Transformation

Automation
Automation
Reduced expenses, increased efficiency, more consistent quality control, easier access to data and staying compliant.
Energy decentralization
Energy decentralization
Innovative new approaches and methods to guide production and sale of the generated energy.
Development of IoT
Development of IoT
Enhanced data collection and analysis, improved security, event data capture in real-time.
Artificial Intelligence
Artificial Intelligence
Smart grid networks and accurate forecasting & prediction for better usage of renewable energy.
Cloud Computing
Cloud Computing
Better cost management, sharper decision-making, better management of production, distribution, & provisioning.
Blockchain
Blockchain
For transparency in peer-to-peer energy trading, keeping track of renewable energy source, recording carbon footprint.

How Can i-Source Help?

We help RE businesses make informed decisions to enhance energy production efficiency and predict maintenance needs. Here’s how we leverage IT to make a positive impact:

Data Analytics
Data Analytics

Analyze collected data, to provide insights into energy generation patterns, identify maintenance requirements, and optimize energy production.

Cybersecurity Services
Cybersecurity Services

Enhanced Cybersecurity Services & Solutions that include intrusion detection systems, firewalls, encryption, and secure communication protocols.

Security Audits
Security Audits

Security Audits and Penetration Testing services to identify vulnerabilities in time and proactively address and eliminate potential cyber threats.

IT Management
IT Management

Real-time IT Monitoring and Control services offer a flexible way to help you manage your infrastructure more efficiently and cost-effectively.

Custom Solutions
Custom Solutions

Our team works with you to design, develop, and implement custom software applications built from scratch to address unique business challenges.

How Can i-Source Help?

We help RE businesses make informed decisions to enhance energy production efficiency and predict maintenance needs. Here’s how we leverage IT to make a positive impact:

Data Analytics
Data Analytics

Analyze collected data, to provide insights into energy generation patterns, identify maintenance requirements, and optimize energy production.

Cybersecurity Services
Cybersecurity Services

Enhanced Cybersecurity Services & Solutions that include intrusion detection systems, firewalls, encryption, and secure communication protocols.

Security Audits
Security Audits

Security Audits and Penetration Testing services to identify vulnerabilities in time and proactively address and eliminate potential cyber threats.

IT Management
IT Management

Real-time IT Monitoring and Control services offer a flexible way to help you manage your infrastructure more efficiently and cost-effectively.

Custom Solutions
Custom Solutions

Our team works with you to design, develop, and implement custom software applications built from scratch to address unique business challenges.