The software will be rolled out across three projects initially. Image: RWE

Energy industry software provider Arenko has agreed a framework deal with RWE Supply and Trading, allowing RWE to use Arenko’s Nimbus Trade platform for its solar projects.

Nimbus Trade will initially be rolled out across three RWE solar and storage projects currently under construction. The three projects that will first use the Nimbus Trade platform have a combined capacity of 165MW of solar generation and 55MW/110MWh of storage. Two of these three projects are set to go live as soon as early 2025.

As part of the agreement, Arenko will integrate RWE’s in house trading algorithms and trading capabilities into the Nimbus Trade product. This will provide RWE’s trading desk – which currently trades approximately 17.5% of UK power – with a new and advanced set of automated trading capabilities.

The Nimbus software platform allows battery developers and asset owners to monitor and track the performance of a battery within a project, enabling them to check the status of the technology and optimise projects effectively.

Rupert Newland, founder and CEO of Arenko, said: “We look forward to building this relationship. The three initial DC coupled solar projects are some of the most advanced, large-scale collocated projects in the world and we can’t wait to go live early in the new year.”

He added: “RWE are a major new software customer for Arenko and we are thrilled to be playing our part in helping them to achieve their ambitious targets. Developing software at an enterprise-grade level for globally leading customers, like RWE, is core to achieving Arenko’s mission and vision”

Another success for Arenko

The news comes a little over a week after Arenko revealed to Solar Power Portal that its Nimbus software would be implemented across Gore Street Energy Storage Fund’s battery energy storage system (BESS) portfolio.

Under this deal, 18 grid-scale BESS projects, with a total capacity of just under 500MW, will be brought onto the AI-enabled Nimbus platform over the next six months. The first of these assets is expected to be fully integrated into the platform within a few weeks of the deal’s closure.

This content was collected from the Internet. If you want to it, please contact grace solar management.