RES and Octopus Renewables have signed a three-year management agreement to provide the former inverter replacement parts for the UK’s clean energy investor’s solar systems.
Under the terms of the agreement, RES will own over 1000 replacement parts compatible with Octopus Renewables’ fleet of inverters and deliver them within a guaranteed timeframe when needed.
The kit provides an availability improvement and commercial benefit for 640 MW of assets.
To support this and other recent growth, RES opened an operations and maintenance facility in Exeter earlier this year. The new 2000 square meter facility enables improved spare parts management for all RES customers as well as office space for the on-site team, the company said.
Brian Darnell, Head of Solar and Storage at RES, said, “When combined with our O&M service, centralized parts management provides uninterrupted performance for solar systems at a much lower cost than the traditional approach.
“If devices are offline due to a lack of spare parts, this has a negative effect on energy generation. This new agreement will actively support the production of much more green electricity and help Octopus’ assets operate more efficiently. ”
Thomas Rosser, Asset Management Director of Octopus Renewables, added: “We have built an excellent working relationship with RES over the past five years and we are very excited to build on that with the introduction of a bespoke spare parts management system.”