Case Study: Renewable Exchange achieves a more transparent renewable energy marketplace with Newicon

Renewable Exchange connects with 40+ off-takers using Newicon

Renewable Exchange faced the challenge of an outdated renewable energy trading process. Their asset owners spent excessive hours managing Power Purchase Agreements (PPAs) and struggled to compare complex contracts, often missing the best available deals. The software development consultancy Newicon was engaged to help address this.

Newicon developed an intelligent, data-driven PPA marketplace platform for Renewable Exchange. The solution featured a smart pricing engine for easy, like-for-like quote comparisons and opened access to a large network of over 40 off-takers. This scalable platform transformed the PPA tendering process, leading to Renewable Exchange winning the Innovation award at the Renewable Energy Association 2019 Awards, validating Newicon's work in creating a powerful and stable solution.

Renewable Exchange