Case Study: Providence Climate Capital achieves solar portfolio optimisation and cost savings with Evergen

Providence Climate Capital - Customer Case Study

Providence Climate Capital, an innovation-led investment firm, faced significant challenges in managing its portfolio of remote, unmanned utility-scale solar farms across NSW and Victoria. Asset management and value maximization were difficult due to the sites' remote nature, varying commercial structures, and the complexity of integrating energy storage. Evergen was engaged to address these challenges with its Platform-as-a-Service (PaaS) offering.

Evergen implemented its cloud platform to provide monitoring, control, and optimization without needing additional hardware. The solution enabled automated portfolio management, intelligent dispatch for smart trading, and the optimization of energy storage. This resulted in improved profitability for the solar farm portfolio, helping avoid over $150,000 in ongoing monthly costs and over $123,000 in one-off costs for the initial 16 sites, while also automating revenue generation.

Providence Climate Capital

Jeremy Every

Director - Energy Operations