Technical Asset Management
Technical asset management oversees the day-to-day operation phase of renewable energy projects, aimed in achieving the best global performance while ensuring regulatory and contractual compliance for the project and all third parties involved. These efforts maximize value extraction, optimizing production when energy price is higher, organizing maintenance scheduling boosting performance, reducing operative costs, and ensuring compliance with applicable technical norms and specific regulations.
Our Project Management services ensure that all the players involved in client assets operation are duly orchestrated to operate optimally and in compliance with all regulations. We handle all the aspects from technical advice to maintenance of professional relationships with local partners and authorities. Among services offered, our team can also supervise contracts application, support legal compliance, cooperate with O&M to define tailored preventive maintenance planning, identifying revenues and opex for budget preparation, relate with insurance firms and component producers in insurance and warranty claims management, support accounting validating OPEX and revenues invoces , operate as purchase service managing bids, tenders and purchase offers perform recursive site inspections to report on status and spot inefficiencies and safety risks or non compliance also offering dedicated site management upon request.
We provide efficient project management while maintaining high performance and compliance standards. This comprehensive approach fosters strong relationships with all stakeholders, ensuring that client assets are always operated according to best standards.
Our Control Room services provide from weekly review to 24/7 real-time monitoring and data management, ensuring the efficient operation of customer assets. We download and analyze energy production and weather data, verify data integrity, and recover missing or corrupted data. All events recorded are duly categorized to properly allocate responsibilities and to elaborate availability KPIs. In case of underperformance and major events we also lease with O&M operators to investigate causes and propose best solutions.
This proactive monitoring approach helps us promptly identify and resolve problems, ensuring optimal asset performance and customer satisfaction. With our control room services, customers gain insight into the assets’ performance, enabling them to make quick decisions and solve problems.
Our Project Monitoring services focus on supervising corrective operations and maintenance tasks, managing major faults, and performing desktop and failure analyses. We offer our technical expertise, based on thousands of cases recorded worldwide to propose solutions to incidents, component failures, and other events efficiently to minimize downtime and maximize asset performance. Regular cross-checks of KPIs and performance data enable us to identify potential issues early on and perform predictive maintenance and make timely interventions, also scheduling when impact on revenues generation is minimal
Through our diligent monitoring, we ensure that our clients’ assets operate smoothly and deliver the expected level of performance. As a result, clients benefit from reduced downtime, increased asset reliability, cost saving and improved overall performance.
Our Energy Management services include managing power availability, downloading energy curves, acquiring Renewable Energy Certificate (REC) figures, and issuing metering reports. Thanks to cross-check of data from multiple sources we are able to spot discrepancies and activate claims toward grid operators to grant proper production recognition minimizing impact and delays on revenues payment. We also calculate revenues for various energy trading contracts, including direct and merchant PPAs, validate invoice proposals, and supporting Clients organizing mini-tenders for counterparty selection.
Our comprehensive management approach ensures that clients benefit from accurate energy data, optimized revenue streams, and efficient contract management, providing them with reliable and profitable energy solutions.
Our Reporting services include collecting and reviewing maintenance notification and operations reports, cross-checking with collected data and validating assumptions and events allocation, analyzing production data and performance trends, issuing recurrent reports, tailored to Client needs on energy figures, revenues, and performance.
We ensure that all reports are accurate, timely, and based on standard templates with minor adjustments as needed. We can activate multiple levels of reporting to fulfill the requirements of investors and lenders. These levels offer tailored content and reporting periods ranging from daily to monthly, quarterly, or annual. According to Clients need we can offer paper report supported to fully digital dashboards, assuring comprehensive understanding of asset status and supporting decisions on investments.
This thorough reporting process provides clients with clear insights into asset performance, helping them to make informed decisions and maintain high operational standards. Upon request we can produce specific reports to comply with clients’ obligations and needs.
Our Compliance services include tracking technical tasks to ensure permit compliance, managing relationships with external providers, and providing reports to public authorities. We handle compliance with national authorities, regulatory bodies, and the DSO to ensure that all requirements are met. Thanks to our global presence with local headquarters we grant monitoring of all regulatory requirements in place or introduced from time to time by public authorities, keeping our Clients updated in case of specific requirements spot or recursive to adapt to updated regulations. Our thorough compliance management helps clients reduce risk, avoid legal issues, and maintain smooth operations.
Our Site Visit services include regular visual inspections to ensure the plant is in good condition, monitoring O&M performance, and providing recommendations for preservation. We conduct visual inspections, identify potential issues, and follow up on punch lists. During inspection a particular attention is given to potential safety risk or non compliance which may cause incidents or penalties in case of public administration inspections.
In addition to visual inspections, our technicians can perform specific on-site instrumental testing of solar and wind assets using the latest technologies, including ground-level and drone thermography, IV curves, and blade and nacelle inspections. They can also perform electrical testing and insulation testing, as well as grounding and efficiency measures.
These thorough inspections ensure that clients’ assets are well-maintained, compliant with regulations, and operating at peak performance.
Our Health, Safety, and Environment (HSE) services include coordinating with external providers, ensuring regulatory compliance, and reporting near-misses and incidents.
We conduct annual site visits, provide guidance on health and safety issues, and oversee the management of protective equipment.
Our proactive HSE management approach ensures a safe working environment and compliance with all relevant regulations.
Mirova: asset management for solar and BESS
Mirova - Spain
NUO - Our asset management platform
The asset management platform developed to increase the performance and improve the management efficiency of your renewable assets.
How can Technical Asset Management improve the performance of renewable energy assets?
Technical Asset Management helps maximise asset value by continuously monitoring performance, identifying losses, supervising O&M providers, managing contractual obligations, and ensuring regulatory compliance. Thanks to long term worldwide technical expertise Technical Asset management is able to propose tailored solutions to mitigate events affecting performances and value generation. A proactive approach enables asset owners to reduce downtime, optimise production, and improve long-term financial returns.
What is the difference between Technical Asset Management and O&M?
O&M providers are responsible for carrying out operational and maintenance activities on site. Technical Asset Managers act on behalf of the asset owner, liaising in the day-to day with all players involved in asset operation, overseeing O&M performance, monitoring contractual obligations, analysing KPIs, validating performance levels, and ensuring that the asset operates in line with investor expectations.
How can investors ensure that O&M contractors are delivering the expected performance?
Through continuous performance monitoring, KPI analysis, fault tracking, site inspections, and contract supervision, Technical Asset Management provides independent oversight of O&M activities, always supported by clear and consistent reports. This helps identify underperformance early, validate service quality, and ensure that contractual obligations are being fulfilled.
Why is continuous asset monitoring important for wind, solar, and BESS projects?
Continuous monitoring enables rapid detection of faults, production losses, equipment anomalies, and operational inefficiencies. Early identification of issues allows corrective actions to be implemented quickly, reducing downtime and protecting asset revenues. It also allow to proper schedule activities to assure the maximum value extraction.
What information should investors receive from renewable asset reporting?
Investors typically require accurate and timely information on production performance, revenues, availability, operational events, compliance status, and key contractual obligations. Technical Asset Management doesn’t limit in delivering those information, but propose suggestions and advice to improve global performance and proper allocate investment budget. Structured reporting provides transparency, supports decision-making, and facilitates communication with lenders and stakeholders.
How can asset owners optimise revenues from renewable energy projects?
Revenue optimisation requires accurate metering, production verification, energy management, contract oversight, and validation of revenues generated under PPAs, merchant schemes, and renewable certificate mechanisms. Effective Energy Management ensures that revenues are calculated correctly and commercial opportunities are properly managed. Cross-check of multiple source of data allow to spot inconsistency, assuring proper revenues payment is performed in the fastest time possible and according to contractual obligations.
What are the main operational risks for renewable energy assets?
Common operational risks include equipment failures, underperformance, availability losses, O&M contractor issues, regulatory non-compliance, data quality problems, and health and safety incidents. Technical Asset Management holistic approach helps identify and mitigate all of these risks before they significantly impact asset performance or revenues.
How do you ensure regulatory and permit compliance throughout the operational phase?
We track permit requirements, regulatory obligations, reporting deadlines, and technical compliance activities throughout the asset lifecycle. Thanks to local presence and expertise we are able to collect new requirements by national regulatory agency, or technical committees, reporting to Clients in clear and simple way in case of specific activities needed. This helps asset owners avoid penalties, maintain operational continuity, and reduce regulatory risk.
Why are site inspections still important in a digital monitoring environment?
While digital monitoring provides continuous visibility of asset performance, on-site inspections remain essential for identifying physical degradation, workmanship issues, safety concerns, and equipment conditions that may not be visible through remote systems alone. Combining digital monitoring with regular inspections delivers a more complete assessment of asset health, also identifying causes not visible only from data, which can be spotted by expertise of our asset managers.
How can Technical Asset Management support lender and investor requirements?
Technical Asset Managers provide independent oversight, performance reporting, compliance tracking, and operational transparency that support lender obligations and investor governance requirements. This helps stakeholders maintain confidence in the long-term performance of the asset.
Why is HSE management critical to renewable energy asset performance?
Strong Health, Safety and Environment (HSE) management protects personnel, contractors, and surrounding communities while reducing operational disruptions and regulatory risks. A proactive HSE strategy contributes to safer operations, stronger compliance, and more resilient asset performance.