Innovative wind asset optimization firm appoints former data and engineering VP to drive the expansion of Clir Renewables’ industry-leading AI capabilities
Vancouver, 5th November 2019 – Clir Renewables, the leading provider of digital asset performance technology for wind energy, has announced the appointment of Louisa Thue as Chief Technical Officer (CTO). Louisa brings her experience in technology, data analytics, and scaling Software-as-a-Service products to the cutting edge of renewable energy optimization, and will drive the expansion of Clir’s cloud-based artificial intelligence capabilities across the global wind energy industry.
As the global wind industry moves into a post-subsidy marketplace, there is increased financial pressure on asset owners to ensure their projects achieve maximum generating potential. However, recent analysis of wind farm output indicates that in the US alone, the under-optimization of wind assets and subsequent downtime results in the loss of enough energy to power more than one million homes each year.
But, project owners across the wind industry are sitting on an incredibly rich – but largely untapped – resource that can address this sub-optimal performance. AI can make asset data work much harder for projects, ultimately driving more cost-efficient operations and increasing power generation.
Commenting on her appointment, Louisa said: “There is a huge opportunity for software and data analytics in renewable energy, and I look forward to bringing my technical experience to Clir as it invests in optimizing energy generation and asset availability across the global wind industry.”
Gareth Brown, CEO, added: “We are delighted to bring Louisa on board. She’s a powerhouse here in the Vancouver software and data analytics industry, whose reputation precedes her. We are incredibly excited about the impact she will have at Clir as she works with our technology group and data science teams to increase the financial performance of renewable energy assets.”
With a clear market opportunity to assist the wind industry in improving its asset performance, Clir has recently closed its Series A funding round, securing a $7.1m investment from ArcTern Ventures. The funding will enable the company to focus on additional development of its AI-based analytics platform and optimize power generation at a global fleetwide level.
About Clir
Clir Renewables is a Software as a Service company in the renewable energy industry, providing a solution developed by engineers for engineers. The cloud-based AI platform provides asset managers and owners with tools to maximize annual energy production and provide clarity on portfolio performance.
Clir’s proprietary algorithm cleans and analyzes ingested data. providing actionable insights. Founded in early 2017, the company now supports over 5 GW of assets worldwide with clients typically seeing increases of up to 5% in Annual Energy Production in the first year.
For more information, visit: www.clir.eco
