TruBoard Partners launches TruGreen platform in India

TruBoard Partners has launched TruGreen, a cloud-based renewable energy asset management platform, at the Renewable Energy India Expo 2024 in Greater Noida.

TruGreen is designed as a comprehensive platform catering to the needs of renewable energy stakeholders, encompassing solar and wind energy sectors. The platform integrates five modules: TruAnalytica for real-time performance management analytics, TruBuyer for procure-to-pay solutions, TruCovenant for compliance management, TruOps for paperless operations, and TruPrediction for forecasting and scheduling.

The integrated nature of TruGreen aims to provide renewable energy providers with the tools to optimise efficiency and reduce costs. The platform facilitates remote asset management, covering aspects from monitoring and analytics to finance and compliance.

TruGreen's ability to acquire data from diverse systems and stakeholders is highlighted as a significant advantage. Its architecture is built to be regularly updated, scalable to handle large data volumes, and customisable for specific customer needs through tailored dashboards.

Rakesh Kalsi, Managing Director of Infrastructure Solutions at TruBoard Partners, commented: "Almost all developers are looking for a digital-first approach. They want to replace routine mundane processes with digital interventions to reduce the number of people per megawatt while adding an additional layer of governance. By processing information directly from the source, we ensure data integrity and security. Our tools facilitate real-time interaction and eliminate the need for cumbersome email exchanges and spreadsheets."

The platform's launch comes at a time of increasing recognition for remote asset management in India, underscoring the demand for digital solutions in the renewable sector. TruBoard also demonstrated its extensive range of solutions at the expo, including asset management and maintenance tools that support operations even from handheld devices.

The Renewable Energy India Expo, known as Asia's largest event of its kind, hosted over 800 brands and attracted more than 50,000 visitors, creating a vibrant environment for business opportunities in sectors such as solar, wind, biomass, and energy efficiency.

Mumbai-based TruBoard Partners is India's first independent sector-agnostic Asset Performance Management company. TruBoard's platforms utilise Data and AI to help capital providers maximise their portfolio returns. By integrating technology into the post-investment performance cycle, TruBoard enables informed decision-making in both equity and debt investment categories. Its solutions are tailored to enhance IRRs, assess asset integrity, and measure the ESG impact, offering a comprehensive perspective on investments.

REI Expo has become a premier platform for networking and business opportunities in the renewable energy sector, uniting key buyers from India and around the globe. The expo fosters an environment conducive to forging valuable connections and exploring the latest advancements in renewable energy technology.