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Renewable Energy Systems

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uuid00074hw

Namestring
Renewable Energy Systems
Legal namestring
RES Group
Websiteurl
res-group.com
Company typeenum
Private
Founded yearint
1981
Descriptiontext

Renewable Energy Systems (RES) is the world's largest independent renewable energy company, founded in 1981 and headquartered in the UK, with 4,500 employees operating across 24+ countries and seven technology areas: wind, solar, transmission & distribution, energy storage, green hydrogen, hydro, and biomass. The company delivers the full project lifecycle — development, construction, operations & maintenance, asset management, consultancy, and spares supply — to a diversified customer base of institutional investors, landowners, communities, corporate PPA buyers (Google, GM, Telstra, Royal Caribbean, Kimberly-Clark), and utilities (BC Hydro). RES has developed 29GW of clean energy projects and supports 45GW of operational assets globally, including 260+ wind farms, 77 solar projects, and 45 battery projects.

RES generates revenue through multiple streams: development fees and project sales, EPC construction contracts, recurring O&M contracts, asset management fees, digital software subscriptions, and spares supply with a 60,000+ part inventory. Its proprietary digital solutions portfolio — including 3DX (AI-driven autonomous blade inspection), RESolve (BESS/solar/hybrid control system), AnemoLive and HelioLive (predictive performance optimization), AeroUp (aerodynamic upgrades delivering up to 5% AEP gains), Dynamic Yaw (wake steering), Optivert (solar inverter optimization), and TuneUp (control parameter optimization) — is sold both standalone and bundled with services contracts. The company follows an enterprise field sales model with regional offices and business development teams, augmented by content marketing, industry events, and direct engagement with target segments. Recent strategic activity has centered on acquisitions (Ingeteam Service Division in 2024, Sulzer Schmid in 2024, Anemo Analytics in 2022) to scale digital, geographic, and operational capabilities, alongside green hydrogen expansion via the HYRO joint venture with Octopus Energy.

Short descriptiontext

Renewable Energy Systems (RES) is the world's largest independent renewable energy company, providing full-lifecycle development, construction, asset management, O&M, and digital optimization services across wind, solar, storage, hydrogen, hydro, and T&D to investors, utilities, landowners, and corporate energy buyers across 24+ countries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersKings Langley, United Kingdom
HQ citystring
Kings Langley
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices22 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
renewable energy services, wind energy solutions, solar project development, energy storage solutions, asset management services
Industry5 codes
1Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal)
CodeEUAEAMABPrimaryYes
2Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control)
CodeEUAMAIAIPrimaryNo
3Repowering, Life Extension & Upgrades (Retrofits, Controls/Software, Uprates)
CodeEUAMAGANPrimaryNo
4Major Component Service & Overhauls (Gearboxes, Blades, Generators, Inverters, Turbines)
CodeEUAMAGAFPrimaryNo
5SCADA/Telemetry, Data Integration & Device Connectivity for Storage/DER Control
CodeEUAFAKAIPrimaryNo
NAICS code3 codes
  • Wind Electric Power Generation221115
  • Solar Electric Power Generation221114
  • Electric Power Generation22111
SIC code1 code
  • Engines & Turbines3510
Product category
Renewable Energy Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model6 records
1Development Services
TypeProfessional Services
Description

Developing renewable energy projects (wind, solar, storage, green hydrogen) on behalf of landowners, communities, and investors. Revenue generated through project sales or development fees.

res-group.com
2Construction Services
TypeOne Time License
Description

EPC (Engineering, Procurement, Construction) and construction management services for clean energy assets. Revenue from construction contracts.

res-group.com
3Operations & Maintenance
TypeSubscription Recurring
Description

Comprehensive O&M services for wind, solar, battery storage, and hydro assets including scheduled maintenance, inspections, repairs, and 24/7 monitoring.

res-group.com
4Asset Management
TypeSubscription Recurring
Description

Full-service asset management including technical, commercial, and financial oversight of renewable energy portfolios. Revenue through management fees.

res-group.com
5Digital Solutions
TypeSubscription Recurring
Description

AI and data-driven optimization products including 3DX blade inspection, Anemo analytics, AeroUp, Dynamic Yaw, Optivert, TuneUp, and RESolve. Revenue from software licenses and service contracts.

res-group.com
6Spares Supply & Repair
TypeTransaction Fee
Description

Global spare parts management, repair, and refurbishment services with inventory of over 60,000 parts.

res-group.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 9 records shown
13DX™
Description

Wind turbine blade inspection platform connecting drone inspection, AI-driven damage analysis and repair planning

res-group.com
+8 more records
Core offering1 text field

RES delivers end-to-end renewable energy solutions across development, construction, asset management, and operations & maintenance for wind, solar, energy storage, green hydrogen, hydro, transmission & distribution, and biomass projects. The company supplements these services with proprietary digital products such as the 3DX™ AI-driven blade inspection platform, RESolve control system, and the Anemo analytics suite to optimize renewable energy asset performance globally.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 7 values shown
  • Up to 5% increase in annual energy production through AeroUp aerodynamic upgrades
+6 more records
Product overview1 text field

RES offers a comprehensive portfolio of digital products and services for renewable energy asset management. The core digital platform includes 3DX™ (AI-driven autonomous blade inspection), RESolve (modular BESS/solar/hybrid control), AnemoLive/HelioLive (wind/solar optimization), and supporting tools (AeroUp, Dynamic Yaw, Optivert, TuneUp). These integrate with services spanning development, construction, asset management, operations & maintenance, consultancy, and spares supply. The company operates across six technology areas: wind (260+ farms), solar (77 projects), energy storage (45 projects), green hydrogen, hydro, and transmission & distribution. The 2024 acquisition of Sulzer Schmid brought 3DX and Smart Pilot into the portfolio, enhancing drone-based autonomous inspection capabilities.

Product and service4 records
13DX™ Blade Inspection Platform
CategoryDigital Solutions - Inspection
Description

AI-driven wind turbine blade inspection platform connecting drone inspection, damage analytics, and repair planning. Supports fully automated (3DX Autopilot) and self-performed (SmartPilot) inspections, with 100,000+ blades inspected and a database of over 1 million blade defects.

2RESolve
CategoryDigital Solutions - Energy Management
Description

Modular control system for battery energy storage systems (BESS), solar, and hybrid assets providing real-time optimization, fleet visibility, advanced diagnostics, and grid compliance. Includes Power Plant Controller and Energy Management System components, built on 127+ project-years of operational experience.

3AnemoLive
CategoryDigital Solutions - Analytics
Description

Remote performance optimization tool for wind parks installed on over 6,000 onshore and offshore wind turbines, providing high-frequency turbine data access for predictive maintenance, condition monitoring, and improved decision-making.

4HelioLive
Scale indicator13 records

Each record includes

Type, Value, Description, Source

Partnership11 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-01-01
Description

RES secured 217 MW European solar and battery storage asset management mandate from Nala Renewables covering operational assets across Lithuania and Poland.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-01-01
Description

Innagreen confirmed as long-term equity partner for Tarong West Wind Farm in Queensland, Australia. RES is developing the project with Innagreen as equity investor.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-01-01
Description

West Moberly First Nations and RES awarded 210MW Sweetwater Wind Project contract from BC Hydro. West Moberly holds 51% majority ownership as part of First Nations partnership model.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

RES signed first O&M contract with Matrix Renewables (backed by TPG Rise) covering solar operations in Spain, boosting RES's solar growth in the Spanish market.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2024-09-02
Description

RES acquired Sulzer Schmid, a Swiss pioneer in autonomous drone inspections for renewable energy. The acquisition integrates Sulzer Schmid's AI-driven 3DX™ blade inspection platform into RES operations, enhancing digital solutions for wind turbine blade inspections and asset management.

Strategic tierStrategicTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

RES signed MoU with Nordion Energi for pre-feasibility study of developing a pipeline between Alby/Ljungaverk and Sundsvall for green hydrogen distribution.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2023-08-01
Description

RES acquired Ingeteam's Renewable Service Division in August 2023, completed March 2024. The acquisition expanded RES to become the world's largest independent renewable services provider, adding operations across multiple geographies and technologies.

8IM Future (Spain)
Strategic tierSupportingTypeTechnology or IntegrationAnnounced on2023-01-01
Description

RES acquired IM Future in Spain, an experienced leader in wind energy maintenance strengthening RES's customer service offerings in the Spanish market.

res-group.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-01-01
Description

RES and Octopus Energy formed the HYRO joint venture for green hydrogen production. HYRO is developing green hydrogen projects including at Kimberly-Clark's Northfleet manufacturing facility, aiming to decarbonize tissue manufacturing.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2022-01-01
Description

RES acquired Anemo Analytics, a Danish technology and engineering company offering sophisticated wind turbine analytics solutions for improved monitoring and performance optimization.

Strategic tierSupportingTypeTechnology or IntegrationAnnounced on2022-01-01
Description

RES acquired Blueshore Energy in Australia to strengthen its asset management offering in the Australian market.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight7 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Vestas is the world's largest wind turbine OEM with a multi-billion-dollar service business covering installation, O&M, and optimization across its installed fleet. Most comparable to RES in terms of servicing wind assets at scale, though Vestas is OEM-tied rather than technology-agnostic.

TypeDirect peer
Description

Siemens Energy's wind business (formerly Siemens Gamesa) provides turbine OEM services, O&M, and digital wind farm optimization (including MindSphere-based platforms). Directly competes with RES on wind services and increasingly on digital optimization tools for wind assets.

TypeDirect peer
Description

GE Vernova's wind segment offers turbine OEM services, repowering solutions, and digital wind farm management (Apogee platform). Comparable to RES in providing multi-decade O&M and performance optimization, primarily for its own fleet but increasingly third-party.

TypeDirect peer
Description

BayWa r.e. is a European independent renewable energy developer and service provider operating across solar, wind, and storage development, EPC, O&M, and trading — a very direct comparable to RES as a technology-agnostic independent with global development and services operations.

TypeBroad incumbent
Description

EDP Renewables is a global utility-scale renewables developer and operator with services across wind, solar, and storage. Comparable to RES in operating scale and asset management scope, though it is a subsidiary of EDP rather than an independent.

TypeBroad incumbent
Description

Engie is a global utility with significant renewable energy generation and services operations across wind, solar, storage, and green hydrogen. Comparable in technology breadth and global footprint, though Engie also owns regulated utilities unlike the independent RES.

TypeBroad incumbent
Description

Iberdrola is a major global utility with extensive onshore/offshore wind and solar operations and asset management services. Comparable in geographic reach and renewable services depth, though as an integrated utility rather than an independent services specialist.

TypeEmerging player
Description

Fluence is a leading pure-play battery energy storage system (BESS) provider with its own EMS and optimization software stack, competing most directly with RES's RESolve product in the storage/digital solutions space.

TypeBroad incumbent
Description

Statkraft is a European state-owned renewable energy generator and market participant, operating hydro, wind, and solar assets and providing asset management and trading services. Comparable to RES's pan-European operations and asset management focus.

TypeEmerging player
Description

Stem provides AI-driven energy storage optimization and distributed energy resource management software, competing most directly with the RESolve platform in the BESS optimization and virtual power plant space.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers10 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability11 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles11 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries5 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Renewable Energy Systems

Renewable Energy Servicesres-group.com

Renewable Energy Systems (RES) is the world's largest independent renewable energy company, providing full-lifecycle development, construction, asset management, O&M, and digital optimization services across wind, solar, storage, hydrogen, hydro, and T&D to investors, utilities, landowners, and corporate energy buyers across 24+ countries.

What Renewable Energy Systems does

Renewable Energy Systems (RES) is the world's largest independent renewable energy company, founded in 1981 and headquartered in the UK, with 4,500 employees operating across 24+ countries and seven technology areas: wind, solar, transmission & distribution, energy storage, green hydrogen, hydro, and biomass. The company delivers the full project lifecycle — development, construction, operations & maintenance, asset management, consultancy, and spares supply — to a diversified customer base of institutional investors, landowners, communities, corporate PPA buyers (Google, GM, Telstra, Royal Caribbean, Kimberly-Clark), and utilities (BC Hydro). RES has developed 29GW of clean energy projects and supports 45GW of operational assets globally, including 260+ wind farms, 77 solar projects, and 45 battery projects.

RES generates revenue through multiple streams: development fees and project sales, EPC construction contracts, recurring O&M contracts, asset management fees, digital software subscriptions, and spares supply with a 60,000+ part inventory. Its proprietary digital solutions portfolio — including 3DX (AI-driven autonomous blade inspection), RESolve (BESS/solar/hybrid control system), AnemoLive and HelioLive (predictive performance optimization), AeroUp (aerodynamic upgrades delivering up to 5% AEP gains), Dynamic Yaw (wake steering), Optivert (solar inverter optimization), and TuneUp (control parameter optimization) — is sold both standalone and bundled with services contracts. The company follows an enterprise field sales model with regional offices and business development teams, augmented by content marketing, industry events, and direct engagement with target segments. Recent strategic activity has centered on acquisitions (Ingeteam Service Division in 2024, Sulzer Schmid in 2024, Anemo Analytics in 2022) to scale digital, geographic, and operational capabilities, alongside green hydrogen expansion via the HYRO joint venture with Octopus Energy.

Renewable Energy Systems firmographics

Firmographics
Name
Renewable Energy Systems
Legal name
RES Group
Website
https://res-group.com
Company type
Private
Founded year
1981
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Renewable Energy Systems (RES) is the world's largest independent renewable energy company, providing full-lifecycle development, construction, asset management, O&M, and digital optimization services across wind, solar, storage, hydrogen, hydro, and T&D to investors, utilities, landowners, and corporate energy buyers across 24+ countries.
Ownership category
akta.pro rank

Renewable Energy Systems industry classification

Industry
Product category
Renewable Energy Services
NAICS
Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Power Generation (22111)
SIC
Engines & Turbines (3510)
akta.pro primary industry
Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB)
akta.pro secondary industries
Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control) (EUAMAIAI), Repowering, Life Extension & Upgrades (Retrofits, Controls/Software, Uprates) (EUAMAGAN), Major Component Service & Overhauls (Gearboxes, Blades, Generators, Inverters, Turbines) (EUAMAGAF), SCADA/Telemetry, Data Integration & Device Connectivity for Storage/DER Control (EUAFAKAI)

Keywords

  • Renewable energy services
  • Wind energy solutions
  • Solar project development
  • Energy storage solutions
  • Asset management services

Where Renewable Energy Systems is headquartered

Location

Headquarters

HQ city
Kings Langley
HQ country
United Kingdom
HQ region
Europe

Offices22 records

Markets served

Renewable Energy Systems business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Infrastructure

Revenue model

  1. Development Services: Developing renewable energy projects (wind, solar, storage, green hydrogen) on behalf of landowners, communities, and investors. Revenue generated through project sales or development fees.
  2. Construction Services: EPC (Engineering, Procurement, Construction) and construction management services for clean energy assets. Revenue from construction contracts.
  3. Operations & Maintenance: Comprehensive O&M services for wind, solar, battery storage, and hydro assets including scheduled maintenance, inspections, repairs, and 24/7 monitoring.
  4. Asset Management: Full-service asset management including technical, commercial, and financial oversight of renewable energy portfolios. Revenue through management fees.
  5. Digital Solutions: AI and data-driven optimization products including 3DX blade inspection, Anemo analytics, AeroUp, Dynamic Yaw, Optivert, TuneUp, and RESolve. Revenue from software licenses and service contracts.
  6. Spares Supply & Repair: Global spare parts management, repair, and refurbishment services with inventory of over 60,000 parts.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Renewable Energy Systems product offering

Product offering

Core offering

RES delivers end-to-end renewable energy solutions across development, construction, asset management, and operations & maintenance for wind, solar, energy storage, green hydrogen, hydro, transmission & distribution, and biomass projects. The company supplements these services with proprietary digital products such as the 3DX™ AI-driven blade inspection platform, RESolve control system, and the Anemo analytics suite to optimize renewable energy asset performance globally.

Product overview

RES offers a comprehensive portfolio of digital products and services for renewable energy asset management. The core digital platform includes 3DX™ (AI-driven autonomous blade inspection), RESolve (modular BESS/solar/hybrid control), AnemoLive/HelioLive (wind/solar optimization), and supporting tools (AeroUp, Dynamic Yaw, Optivert, TuneUp). These integrate with services spanning development, construction, asset management, operations & maintenance, consultancy, and spares supply. The company operates across six technology areas: wind (260+ farms), solar (77 projects), energy storage (45 projects), green hydrogen, hydro, and transmission & distribution. The 2024 acquisition of Sulzer Schmid brought 3DX and Smart Pilot into the portfolio, enhancing drone-based autonomous inspection capabilities.

Differentiator

Problem solved

Functional benefit

Brands

  • 3DX™: Wind turbine blade inspection platform connecting drone inspection, AI-driven damage analysis and repair planning
  • Anemo
  • AeroUp
  • Dynamic Yaw
  • Optivert
  • 3DX Autopilot
  • 3DX SmartPilot
  • TuneUp
  • RESolve

Products and services

  • 3DX™ Blade Inspection Platform AI-driven wind turbine blade inspection platform connecting drone inspection, damage analytics, and repair planning. Supports fully automated (3DX Autopilot) and self-performed (SmartPilot) inspections, with 100,000+ blades inspected and a database of over 1 million blade defects.
  • RESolve Modular control system for battery energy storage systems (BESS), solar, and hybrid assets providing real-time optimization, fleet visibility, advanced diagnostics, and grid compliance. Includes Power Plant Controller and Energy Management System components, built on 127+ project-years of operational experience.
  • AnemoLive Remote performance optimization tool for wind parks installed on over 6,000 onshore and offshore wind turbines, providing high-frequency turbine data access for predictive maintenance, condition monitoring, and improved decision-making.
  • HelioLive

Quantifiable outcome

  • Up to 5% increase in annual energy production through AeroUp aerodynamic upgrades
  • +6 more outcomes

Companies that use Renewable Energy Systems

Customer profile

Named customers10 records

Segments5 records

Ideal customer profiles6 records

Renewable Energy Systems technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability11 records

Feature7 records

Renewable Energy Systems partnerships and signals

Strategic signal

Partnerships

Eleven partnerships are on record, tiered core, strategic and supporting.

  • Nala RenewablescoreStrategic or Co-development Partner · 1 January 2026RES secured 217 MW European solar and battery storage asset management mandate from Nala Renewables covering operational assets across Lithuania and Poland.
  • Innagreen InvestmentscoreStrategic or Co-development Partner · 1 January 2026Innagreen confirmed as long-term equity partner for Tarong West Wind Farm in Queensland, Australia. RES is developing the project with Innagreen as equity investor.
  • West Moberly First NationscoreStrategic or Co-development Partner · 1 January 2026West Moberly First Nations and RES awarded 210MW Sweetwater Wind Project contract from BC Hydro. West Moberly holds 51% majority ownership as part of First Nations partnership model.
  • Matrix RenewablescoreStrategic or Co-development Partner · 1 January 2025RES signed first O&M contract with Matrix Renewables (backed by TPG Rise) covering solar operations in Spain, boosting RES's solar growth in the Spanish market.
  • Sulzer SchmidcoreTechnology or Integration · 2 September 2024RES acquired Sulzer Schmid, a Swiss pioneer in autonomous drone inspections for renewable energy. The acquisition integrates Sulzer Schmid's AI-driven 3DX™ blade inspection platform into RES operations, enhancing digital solutions for wind turbine blade inspections and asset management.
  • Nordion EnergistrategicStrategic or Co-development Partner · 1 January 2024RES signed MoU with Nordion Energi for pre-feasibility study of developing a pipeline between Alby/Ljungaverk and Sundsvall for green hydrogen distribution.
  • Ingeteam's Renewable Service DivisioncoreTechnology or Integration · 1 August 2023RES acquired Ingeteam's Renewable Service Division in August 2023, completed March 2024. The acquisition expanded RES to become the world's largest independent renewable services provider, adding operations across multiple geographies and technologies.
  • IM Future (Spain)supportingTechnology or Integration · 1 January 2023RES acquired IM Future in Spain, an experienced leader in wind energy maintenance strengthening RES's customer service offerings in the Spanish market.
  • Octopus Energy (HYRO Joint Venture)coreStrategic or Co-development Partner · 1 January 2023RES and Octopus Energy formed the HYRO joint venture for green hydrogen production. HYRO is developing green hydrogen projects including at Kimberly-Clark's Northfleet manufacturing facility, aiming to decarbonize tissue manufacturing.
  • Anemo AnalyticscoreTechnology or Integration · 1 January 2022RES acquired Anemo Analytics, a Danish technology and engineering company offering sophisticated wind turbine analytics solutions for improved monitoring and performance optimization.
  • Blueshore EnergysupportingTechnology or Integration · 1 January 2022RES acquired Blueshore Energy in Australia to strengthen its asset management offering in the Australian market.

Scale indicators13 records

Recent moves8 records

Expansion highlights7 records

Renewable Energy Systems competitors and assessment

Company assessment

Direct peers

  • Vestas: Vestas is the world's largest wind turbine OEM with a multi-billion-dollar service business covering installation, O&M, and optimization across its installed fleet. Most comparable to RES in terms of servicing wind assets at scale, though Vestas is OEM-tied rather than technology-agnostic.
  • Siemens Gamesa (Siemens Energy): Siemens Energy's wind business (formerly Siemens Gamesa) provides turbine OEM services, O&M, and digital wind farm optimization (including MindSphere-based platforms). Directly competes with RES on wind services and increasingly on digital optimization tools for wind assets.
  • GE Vernova: GE Vernova's wind segment offers turbine OEM services, repowering solutions, and digital wind farm management (Apogee platform). Comparable to RES in providing multi-decade O&M and performance optimization, primarily for its own fleet but increasingly third-party.
  • BayWa r.e. BayWa r.e. is a European independent renewable energy developer and service provider operating across solar, wind, and storage development, EPC, O&M, and trading — a very direct comparable to RES as a technology-agnostic independent with global development and services operations.

Broad incumbents

  • EDP Renewables (EDPR): EDP Renewables is a global utility-scale renewables developer and operator with services across wind, solar, and storage. Comparable to RES in operating scale and asset management scope, though it is a subsidiary of EDP rather than an independent.
  • Engie Renewables: Engie is a global utility with significant renewable energy generation and services operations across wind, solar, storage, and green hydrogen. Comparable in technology breadth and global footprint, though Engie also owns regulated utilities unlike the independent RES.
  • Iberdrola Renewables: Iberdrola is a major global utility with extensive onshore/offshore wind and solar operations and asset management services. Comparable in geographic reach and renewable services depth, though as an integrated utility rather than an independent services specialist.
  • Statkraft: Statkraft is a European state-owned renewable energy generator and market participant, operating hydro, wind, and solar assets and providing asset management and trading services. Comparable to RES's pan-European operations and asset management focus.

Emerging players

  • Fluence Energy: Fluence is a leading pure-play battery energy storage system (BESS) provider with its own EMS and optimization software stack, competing most directly with RES's RESolve product in the storage/digital solutions space.
  • Stem Inc (now STEM): Stem provides AI-driven energy storage optimization and distributed energy resource management software, competing most directly with the RESolve platform in the BESS optimization and virtual power plant space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Renewable Energy Systems social profiles

Digital presence

Renewable Energy Systems compliance and trust

Trust signal

Compliance1 record

Renewable Energy Systems financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Renewable Energy Systems leadership team

Management profile

Number of profiles

Profiles11 records

Renewable Energy Systems subsidiaries and ownership

Company hierarchy

Subsidiaries5 records

Renewable Energy Systems funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Renewable Energy Systems M&A and investment

M&A and investment

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Renewable Energy Systems

What does Renewable Energy Systems do?

RES delivers end-to-end renewable energy solutions across development, construction, asset management, and operations & maintenance for wind, solar, energy storage, green hydrogen, hydro, transmission & distribution, and biomass projects. The company supplements these services with proprietary digital products such as the 3DX™ AI-driven blade inspection platform, RESolve control system, and the Anemo analytics suite to optimize renewable energy asset performance globally.

Is Renewable Energy Systems a public or private company?

Renewable Energy Systems is a private company. It is classified as unknown and is currently operating.

When was Renewable Energy Systems founded?

Renewable Energy Systems was founded in 1981. It employs 1,001 to 5,000 people.

Where is Renewable Energy Systems based?

Renewable Energy Systems is headquartered in Kings Langley, United Kingdom, in the Europe region.

How does Renewable Energy Systems make money?

Six revenue lines are on record. Development Services are the primary driver. The others are construction Services, operations & Maintenance, asset Management, digital Solutions and spares Supply & Repair.

Who are Renewable Energy Systems's main competitors?

Direct peers on record are Vestas, Siemens Gamesa (Siemens Energy), GE Vernova and BayWa r.e.. Broad incumbents are EDP Renewables (EDPR), Engie Renewables, Iberdrola Renewables and Statkraft. Emerging players are Fluence Energy and Stem Inc (now STEM).

Does Renewable Energy Systems have an API?

No public API is recorded for Renewable Energy Systems.

What industry is Renewable Energy Systems in?

Renewable Energy Systems's product category is Renewable Energy Services. Its primary akta.pro industry code is EUAEAMAB, Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal), with a secondary code of EUAMAIAI, Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control). Its NAICS code is 221115 and its SIC code is 3510.

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ABCWorker housing for approved $1.5 billion Queensland wind farm faces oppositionUK-based Renewable Energy Systems (RES) faces local opposition to its proposed $68 million temporary worker housing camp for the approved $1.5 billion Tarong West Wind Farm near Kingaroy, Queensland. Residents and an astronomer argue the site near Sir Joh Bjelke-Petersen Airport is ill-suited due to light pollution risks and zoning issues, despite RES's claims regarding infrastructure availability. The South Burnett Regional Council is currently assessing the application with a public feedback deadline of August 7.Informa ConnectHow CleanCo Queensland is powering a cleaner energy futureCleanCo Queensland's CEO Tom Metcalfe outlined plans to redevelop the Swanbank Power Station precinct for renewables, storage, and hydrogen, while adding 600MW of wind and solar by 2023. The company also has a 400MW agreement with Acciona for the MacIntyre Wind Farm, due online in 2024.InfratechgpInfratech Growth PartnerA global portfolio of companies is leveraging technology to improve infrastructure operating performance and disrupt traditional sectors. Notably, Accruent LLC acquired a gravitational energy storage solution and RES Group Ltd acquired a drone-based automated inspection technology for wind turbines. These developments illustrate a trend towards innovative solutions in infrastructure and energy management.PR NewswireReading Wind Facility in Kansas is OperationalSouthern Power announced that its 200-megawatt Reading Wind Facility in Osage and Lyon Counties, Kansas, has become operational, representing the company's first wind project in the state and eleventh wind facility overall. The facility will generate carbon offsets to be purchased by Royal Caribbean Cruises under a 12-year power purchase agreement, with offsets certified under the Verified Carbon Standard Program and expected to annually offset more than 10 percent of Royal Caribbean's emissions. The project features 62 Siemens Gamesa turbines, was developed and constructed by Renewable Energy Systems, and created 200 jobs at peak construction.PR NewswireWildhorse Mountain Wind Facility in Oklahoma is OperationalSouthern Power announced that its 100-MW Wildhorse Mountain Wind Facility in Pushmataha County, Oklahoma is now operational, marking the company's fourth wind project in the state. The electricity and associated renewable energy credits are being sold under a 20-year power purchase agreement to Arkansas Electric Cooperative Corporation, while Vestas turbines will be maintained under a long-term service agreement. Southern Power acquired the facility from developer Renewable Energy Systems in May 2018, and the project created 250 jobs at peak construction.PR NewswireCactus Flats Wind Facility in Texas is operationalSouthern Power, a subsidiary of Southern Company, announced that the 148-megawatt Cactus Flats Wind Facility in Concho County, Texas is now operational. The facility consists of 43 Vestas-manufactured wind turbines and will sell electricity and renewable energy credits under power purchase agreements with General Mills and General Motors. Southern Power acquired the facility in July 2017 from developer Renewable Energy Systems Americas Inc., which also constructed the project that created approximately 250 peak construction jobs.CarbonbriefQ&A: What does ‘subsidy-free’ renewables actually mean?The article examines the emerging trend of 'subsidy-free' renewable energy projects in Europe, highlighting initiatives by companies like Vattenfall and Renewable Energy Systems that operate without direct government subsidies. It explores the complex definitions of subsidy-free status, noting that many projects still benefit from implicit support such as grid connections or market stabilizing mechanisms. The piece outlines significant challenges including merchant price risk, potential 'price cannibalization,' and financing hurdles, while estimating that up to 60GW of new capacity could be deployed without subsidies by 2030.PR NewswireLamesa Solar Facility in Texas begins commercial operationSouthern Power, a subsidiary of Southern Company, announced the commercial operation of the 102-megawatt Lamesa Solar Facility in Dawson County, Texas on May 15, 2017. Southern Power acquired the facility in July 2016 from Renewable Energy Systems Americas Inc., which also provided full project EPC services and serves as the operations and maintenance contractor. The City of Garland, Texas is purchasing the energy and renewable energy credits under a 15-year power purchase agreement, with the facility capable of generating enough wholesale generation to meet the average energy needs of approximately 15,000 Texas homes.PR NewswireRES Announces Substantial Completion of 198 MW Bluestem Wind ProjectRenewable Energy Systems announced substantial completion of the 198 MW Bluestem Wind Project in Beaver County, Oklahoma, consisting of 60 Vestas V117-3.3 MW turbines. The project, developed by RES as engineering, procurement, and construction contractor, was purchased by Exelon Generation in December 2015 and is expected to generate approximately 845,000 MWh annually, enough electricity to power 77,000 U.S. homes. Google holds a power purchase agreement with the project, which contributed an estimated $6 million to the local economy and employed nearly 500 workers during construction.PR NewswireRES Announces Joint Development AgreementRenewable Energy Systems (RES) and Southern Power have entered a joint development agreement to construct approximately 3,000 megawatts of wind power across ten projects in the United States. The partnership involves RES acting as the lead developer and constructor, with Southern Power purchasing equipment from Siemens and Vestas, aiming for commercial operation between 2018 and 2020. This arrangement marks a strategic shift for RES toward more frequent collaborative operating relationships.