
REOptimize Systems
A machine learning based software tool which optimizes control settings for wind turbines.
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | - | (17 %) |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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REOptimize Systems, a trading name of Power Enable Solutions Limited, specializes in optimization software for renewable energy systems, including wind, tidal, and hydro plants. Utilizing advanced machine learning techniques and precise component models, the company aims to increase energy yield by up to 6%, significantly impacting profitability. The software is also applicable to hydro plants, where gains can surpass those in wind energy. REOptimize Systems has a strong background in wave power, contributing to the open-source Edinburgh Wave Systems Matlab Toolbox. The company excels in simulating and optimizing complex physical systems, including multi-body dynamics, electrical machines, control systems, and more, all scalable via cloud computing. They offer software development in Matlab, C, Python, and other languages, with particular expertise in linking C objects to Matlab. Their patent-pending optimization system for wind power and the Edinburgh Electrical Machines Toolbox for designing and optimizing electrical machines are notable innovations. Clients include renewable energy operators and developers seeking to maximize their investment and efficiency. The company operates in the renewable energy market, generating revenue through software licensing and consulting services.
Keywords: renewable energy, optimization software, machine learning, wind power, tidal energy, hydro plants, wave power, Matlab, cloud computing, electrical machines.