PR85187

SINGAPORE and TOKYO, Aug. 27, 2020/PRNewswire=KYODO JBN/--

Japan's largest solar energy asset manager now taps leading edge technology

across 82 sites to promote mainstream use of renewable energy and contribute to

the country's sustainability agenda

ORIX Renewable Energy Management Corporation (OREM), a wholly-owned subsidiary

of ORIX Corporation (https://www.orix.co.jp/grp/en/) ("ORIX"), a diversified

financial services group headquartered in Japan, and Envision Digital

International Pte Ltd (https://envision-digital.com/) ("Envision Digital"), a

global green tech and Artificial Intelligence of Things (AIoT) technology

leader, today announced a partnership to deploy advanced analytics and remote

monitoring applications in utility-scale solar farms across 82 sites in Japan.

By improving energy productivity and operational efficiency, the deployment

will enhance ORIX's efforts to popularise renewable energy and contribute to

Japan's national goal of increasing its reliance on renewables to 24 percent of

its energy mix by 2030.

With one-gigawatt (GW) of solar energy assets, including utility-scale,

commercial and industrial, ORIX is the largest solar asset manager in Japan.

It also develops and operates its own rapidly growing fleet of solar farms that

currently generate 420 megawatts (MWs) in utility, including the Niigata

Yotsugoya Power Plant (55.6 MWs), the Shiriuchi Mega Solar 20M Power Plant (24

MWs), and the Hirono-Cho Mega Solar Photovoltaic (PV) Plant (24.3 MWs). ORIX's

OR Yamaguchi Mine Solar Power Plant (56.4 MWs), for instance, is scheduled to

commence operations in October 2021.

The partnership with Envision Digital will involve the deployment of

Ensight(TM) Solar (https://envision-digital.com/industries-solutions/ensight-solar/ )

and Enlight(TM) Solar (https://envision-digital.com/industries-solutions/ensight-solar/ ),

the company's cloud-based advanced analytics and remote monitoring solutions.

By leveraging Ensight Solar's algorithms, which proactively detects emerging

system underperformance and component health issues from raw data and delivers

recommendations for corrective action, OREM's operations and maintenance (O&M)

teams can visualise power generation conditions and pre-emptively maintain the

long-term efficiency and health of its PV assets.

Enlight Solar then overlays real-time remote operational monitoring

capabilities across ORIX's diverse portfolio of distributed PV sites, allowing

OREM's O&M teams to provide immediate recovery support in the event of

malfunctions and maximise power generation capacity. Both solutions are powered

by EnOS(TM) (https://envision-digital.com/aiot-platform/ ), Envision Digital's

AIoT operating system.

Yurita Kazuhisa, Chief Strategy Officer, ORIX Renewable Energy Management

Corporation, said: "With Envision Digital's end-to-end solution and expertise,

OREM can provide total customer support – from proposals to implementation to

maintenance, which in turn helps our customers optimise energy use and reduce

costs. This reinforces our dedication toward expanding renewable energy-based

power generation and asset management, supporting the popularisation of

renewable energy, and adding value to our communities in Japan."

Sylvie Ouziel, International President, Envision Digital, said: "Japan is one

of the fastest-growing nations and leaders in the global PV market. As the

country strives to achieve 24 percent renewable energy capacity by 2030, AIoT

projects like this, which help to improve the productivity of existing

renewable energy assets, are vital. Over time, the wider adoption of AIoT in

the sector will create further network effects and amplify current benefits.

This local project, among others, along with our recent expansion of operations

with a new office in the Kanagawa prefecture, reinforce our commitment toward

empowering a more sustainable future for citizens and businesses in Japan."

About Envision Digital:

Envision Digital is a global AIoT technology leader headquartered in Singapore,

with more than 500 employees across 12 offices in China, France, Germany,

Norway, the Netherlands, the United Kingdom, and the United States.

Envision Digital owns EnOS(TM) – the world-class AIoT operating system that

currently connects and manages more than 63 million smart devices and 120

gigawatts of energy assets globally. Its monitoring, advanced analytics,

forecasting, and optimising applications provide insights to help clients

better manage their assets and portfolio performance. Its offering extends to

Smart Renewables (Solar, Wind); Smart Cities; Connected Energy; and Smart

Plants – partnering governments and companies in their digital transformation journey.

As a major player in AIoT operating systems, Envision Digital is growing an

ecosystem of partners to enable energy and digital transformation globally. Its

growing list of more than 250 customers and partners spans 10 industries and

includes: Accenture, Amazon Web Services, GovTech Singapore, Keppel, Microsoft,

Nissan, PSA International, PTT, Sonnen, Tableau and Total.

For more information, please visit: www.envision-digital.com 

About ORIX:

ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group that

provides innovative products and services to its customers by constantly

pursuing new businesses.

Established in 1964, from its start in the leasing business, ORIX has advanced

into neighbouring fields and at present has expanded into lending, investment,

life insurance, banking, asset management, automobile related, real estate, and

environment and energy related businesses. Since entering Hong Kong in 1971,

ORIX has established locations in 37 countries and regions across the world.

Moving forward, ORIX intends to utilise its strengths and expertise, which

generate new value, to establish an independent ORIX business model that

continues to evolve perpetually. In this way, ORIX will engage in business

activities that instil vitality in its companies and workforce, thereby

contributing to society.

For more information, please visit: https://www.orix.co.jp/grp/en/ 

Source: Envision Digital