Renesource Inc. Company Profile

Background

Renesource Inc. is a specialized consulting and advisory firm focused on renewable energy, particularly photovoltaic (PV) technologies. The company is dedicated to empowering the future of energy infrastructure in Southeast Asia, aiming to transition from antiquated, fossil fuel-dependent systems to sustainable, renewable energy solutions. With a team experienced in large-scale solar projects across Germany, Austria, Italy, Spain, Dubai, Vietnam, and Thailand, Renesource has established itself as a leader in the renewable energy sector.

Key Strategic Focus

Renesource's strategic objectives include:

Expertise: Leveraging over 40 years of combined experience in the solar industry to deliver cutting-edge solutions.

Integrity: Maintaining transparency and trust by adhering to realistic proposals and timelines.

Competitiveness: Utilizing strong supplier relationships to offer cost-effective, high-quality procurement and design optimization.

Client Satisfaction: Ensuring the highest standards of design, workmanship, and service to meet client expectations.

The company specializes in consulting, advisory, and solar project development, targeting markets in Southeast Asia with a focus on both utility-scale and rooftop solar installations.

Financials and Funding

Specific financial details and funding history for Renesource Inc. are not publicly disclosed.

Pipeline Development

Renesource has been involved in several significant projects:

80 MWp Solar Plant in San Miguel, Bulacan: Completed in May 2021 for Powersource First Bulacan Solar Inc., a joint venture between MGEN and Powersource. Renesource served as the lead consultant, ensuring design optimization and adherence to standards.

22 MWp Solar Plant in San Ildefonso, Bulacan: Achieved mechanical completion in June 2021 for Cleantech Global Renewables. Renesource provided construction management and quality assurance, overcoming challenges posed by the pandemic.

60 MWp Solar Plant in Toledo City, Cebu: Commissioned in September 2016 for First Toledo Solar Energy Corporation, a subsidiary of Citicore Power, Inc. Renesource supplied engineering manpower as a subcontractor for the Owner’s Engineering Consultant.

Technological Platform and Innovation

Renesource distinguishes itself through:

Proprietary Technologies: Implementing advanced PV technologies tailored to client needs.

Scientific Methodologies: Utilizing rigorous design and optimization processes to enhance project efficiency and performance.

AI-Driven Capabilities: While specific AI applications are not detailed, the company emphasizes continuous learning and adoption of the latest technological advancements.

Leadership Team

Tobias Preuss: Founder and Chief Technical Consultant with over 15 years in the solar industry, having served as Owner’s Engineer for approximately 40% of solar plants in the Philippines.

Timothy Wilkinson: Chief Executive Officer with over 10 years of experience in technical sales and a background in electrical engineering and computer science.

Kristin Ramos: President responsible for overseeing operational activities and setting strategic goals.

Rachelle Marmito: Treasury Secretary with over 20 years of experience in corporate accounting, leading the administrative team.

Adrian Alveyra: Senior Project Manager and Electrical Engineer with over 15 years of experience and over 100 MWp of solar construction experience.

Leadership Changes

No recent significant changes or appointments within the company's leadership have been reported.

Competitor Profile

Market Insights and Dynamics

The renewable energy sector in Southeast Asia is experiencing rapid growth, driven by increasing energy demands and a shift towards sustainable solutions. The market is characterized by a mix of established players and emerging companies contributing to the region's energy transition.

Competitor Analysis

While specific competitors in the Philippines are not detailed, the market includes various firms specializing in renewable energy consulting, project development, and EPC services. Renesource's extensive experience and comprehensive service offerings position it competitively within this landscape.

Strategic Collaborations and Partnerships

Renesource has engaged in notable partnerships:

Cleantech Global Renewables: Collaborated on the 22 MWp San Ildefonso project, providing construction management and quality assurance.

Victor Consunji Development Corp. (VCDC): Partnered to enhance sustainability in real estate developments, integrating renewable energy solutions.