Solarvest Holdings Berhad, the solar photovoltaic (PV) solutions specialist, and Envision Digital International Pte Ltd (“Envision Digital”), a global green tech and Artificial Intelligence of Things (AIoT) technology leader, are teaming up to enhance renewable energy productivity and contribute to Malaysia’s national goal of increasing its share of renewables to 20% of its energy mix by 2025.
The partnership complements Solarvest’s existing capabilities and allows the company to emerge as a total solutions provider and digital transformation leader in popularising renewable energy use in Malaysia in line with the government’s National Policy on Industry 4.0, aimed at positioning the country as a primary destination for investment in the high technology sector,.
Under the collaboration, Solarvest will be the exclusive distributor and delivery partner of Envision Digital’s cloud-based advanced analytics applications for Malaysia’s solar industry, with the first step of deploying Envision Digital’s advanced analytics and remote monitoring applications to manage 200 megawatt (MW) of solar assets.
These applications will be utilised in engineering, procurement, construction, and commissioning (EPCC) projects that are currently in the pipeline.
By enhancing Solarvest’s competitive edge when bidding for new PV system Operation and Maintenance (O&M) projects, these new capabilities will also support the Group’s strategic ambition to grow in the solar domain.
Solarvest Group Chief Executive Officer, Davis Chong Chun Shiong said: “Our partnership with Envision Digital will bring best-in-class technologies for renewable energy management to Malaysia, in line with our business vision of creating a world where clean energy is easily accessible to many and our ambition to remain at the forefront of the sector’s digital transformation movement. It represents a game-changer for us, as we reinvent our business approach to stay ahead of competition, ensure business sustainability, and attract more investors and consumers into the solar revolution.”
Headquartered in Singapore, Envision Digital owns EnOS™ – the world-class AIoT operating system that currently connects and manages more than 63 million smart devices and 180 gigawatts (GW) of energy assets globally. Driven by machine learning, Envision Digital’s proprietary monitoring, advanced analytics, forecasting, and optimising applications provide insights to help organisations better manage their energy assets’ performance.
With machine learning, advanced analytics and remote operational monitoring capabilities powered by EnOS, the Solarvest can make more informed and strategic decisions throughout its EPCC and O&M processes. This includes visualising power generation conditions, proactively detecting and diagnosing emerging system underperformance or component health issues from raw data and receiving automated recommendations for pre-emptive or corrective action. By suggesting methods that increase solar power generation by up to 15%, EnOS optimises energy productivity and efficiency while maintaining the long-term health of PV assets, thereby maximising a solar plant’s return on investment.
“The integration of “edge-to-cloud” AIoT applications will improve Solarvest’s operational efficiencies by rapidly analysing large volumes of data across various assets on a network. This automated process will eliminate potential human errors, reduce the amount of time and labour required, leading to improved cost savings. These benefits would significantly enhance Solarvest’s value proposition to existing and potential customers,” added Chong. – Sept 4, 2020 Bernama
