popular articles

SkySpecs acquires Fincovi and Vertikal AI

SkySpecs acquires Fincovi and Vertikal AI to develop cutting-edge technologies for the wind energy sector and industry. In particular, this involves robotization, automation and the use of new technologies for wind farm assets.

Please share:

SkySpecs acquires Fincovi and Vertikal AI to develop cutting-edge technologies for the wind energy sector and industry. In particular, this involves robotization, automation and the use of new technologies for wind farm assets.

SkySpecs, Fincovi, Vertikal Al to modernize assets

SkySpecs, a world leader in wind turbine technology, has become the owner of two well-known companies. Vertikal Al is a pioneer in the implementation of Artificial Intelligence (AI) for the operation and maintenance of wind farm assets. Fincovi aims to make renewable energies the best managed and most sustainable real asset class.

“There is an incredible opportunity to integrate operating data with financial data to provide better insight into asset investment,” testifies Ray O’Neill, CEO of Fincovi.

These companies combine the information and technologies needed for optimal asset management in the clean energy sector. SkySpecs automates maintenance operations, Fincovi predicts risks and returns, and Vertikal provides advanced asset monitoring. In the long term, this collaboration will ensure lasting benefits for owners.

Automation and robotization in the wind power industry

The automated robotics developed by SkySpecs have already enabled it to automate large-scale wind turbine operations and maintenance. SkySpecs’ aim is to implement new technological innovations. Vertikal Al, for example, is developing robotic predictive analysis software for the rapid detection of faults and other malfunctions.

“Joining SkySpecs will enable us to deliver our predictive maintenance software to market – on a large scale – for maximum performance impact with wind power producers,” adds Allan Larsen, CEO of Vertikal.

The modernization of the wind power industry also involves the deployment of autonomous drones across wind farms. Drone inspection cuts the cost of a traditional manual inspection by 40%. Results can be achieved in just a few days, whereas it usually takes several weeks.

This technology will become essential for offshore wind farms, where maintenance and inspection operations remain complex. A recently published report forecasts the growth of the drone market in the renewable energy industry. SkySpecs is already one of the emerging players in this industry, thanks to its innovative wind turbine technologies.

SkySpecs
SkySpecs wind turbine inspection drone (Source: SkySpecs).

New spearhead: predictive information and data management

Owners of wind power assets are looking to maximize their returns, while minimizing their expenses. To achieve this, SkySpecs aims to use data automation to generate profitability. In addition to increasing total production potential, these systems also extend asset life.

“Our global customers face critical challenges in budgeting and maximizing the lifespan and return on their assets,” explains Danny Ellis CEO of SkySpecs.

Predictive and automated information must enable asset owners to have a global vision of their operations. Finally, automation and robotization of wind turbines appear to be viable solutions to support the rapid modernization of the wind power sector.

SkySpecs supports the modernization of its customers’ wind power assets

SkySpecs already operates in 26 different countries. The group now has offices in Ann Arbor Mi (USA), Amsterdam (Netherlands), Dublin (Ireland), Vejle (Denmark), and Hyderabad (India). SkySpecs customers include wind farm owners, operators and OEMs.

“Collectively, we’ll help wind farm owners and operators to invest in, maintain and manage the world’s best-performing wind assets,” says SkySpecs’ CEO.

Owners need to ensure the long-term sustainability and profitability of their wind farm assets. Yet as the wind industry grows and modernizes, many components are aging prematurely. SkySpecs is thus establishing itself in a market of the future, where demand is likely to increase significantly and prematurely.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Saudi-based ACWA Power has signed strategic agreements in Malaysia to develop up to 12.5 GW of energy capacity by 2040, with a potential investment of $10 billion.
Fusion Fuel Green has signed a preliminary agreement to acquire a private UK-based fuel distribution company generating $58mn in revenue, through a £50mn debt-equity structured transaction.
Fusion Fuel Green has signed a preliminary agreement to acquire a private UK-based fuel distribution company generating $58mn in revenue, through a £50mn debt-equity structured transaction.
ExxonMobil plans to sell its 82.89% stake in Esso S.A.F. to North Atlantic France, valuing shares based on €1.49bn cash holdings and a price subject to several adjustments.
ExxonMobil plans to sell its 82.89% stake in Esso S.A.F. to North Atlantic France, valuing shares based on €1.49bn cash holdings and a price subject to several adjustments.
Patrick Pouyanné reassures shareholders by confirming TotalEnergies' strategic direction, combining hydrocarbons and low-carbon electricity, despite an unstable economic environment and climate activist protests in Paris.
Patrick Pouyanné reassures shareholders by confirming TotalEnergies' strategic direction, combining hydrocarbons and low-carbon electricity, despite an unstable economic environment and climate activist protests in Paris.
UK-based SSE recorded an adjusted operating profit of £2.42bn for fiscal year 2024/25, supported by record investments in networks and renewable energy.
Iberdrola has signed an agreement to acquire the distribution, supply and energy generation activities of Electra del Maestrazgo, a family-owned company operating in Castellón and Teruel, for an undisclosed amount.
Iberdrola has signed an agreement to acquire the distribution, supply and energy generation activities of Electra del Maestrazgo, a family-owned company operating in Castellón and Teruel, for an undisclosed amount.
John Bryson, a key figure in the American energy sector, has died at the age of 81. The former CEO of Edison International played a decisive role during California’s electricity crisis.
John Bryson, a key figure in the American energy sector, has died at the age of 81. The former CEO of Edison International played a decisive role during California’s electricity crisis.
New York state regulators have approved a $5 billion budget for energy efficiency and electrification programmes, set to launch on January 1, 2026.
New York state regulators have approved a $5 billion budget for energy efficiency and electrification programmes, set to launch on January 1, 2026.
Aircela has introduced a unit capable of producing gasoline directly from air, water, and renewable electricity, without using fossil resources.
Sustainability Partners will now manage the operational oversight of Ecofin’s U.S. portfolio, comprising solar and wind projects under contract with investment-grade electricity providers.
Sustainability Partners will now manage the operational oversight of Ecofin’s U.S. portfolio, comprising solar and wind projects under contract with investment-grade electricity providers.
Strathcona Resources reshapes its portfolio with the $2.84bn sale of Montney gas assets and a $45mn acquisition of the Hardisty Rail Terminal to refocus on heavy oil operations.
Strathcona Resources reshapes its portfolio with the $2.84bn sale of Montney gas assets and a $45mn acquisition of the Hardisty Rail Terminal to refocus on heavy oil operations.
Italian group Eni enters exclusive talks with Ares to sell a minority stake in Plenitude as part of a targeted funding strategy for its low-carbon subsidiaries.
Italian group Eni enters exclusive talks with Ares to sell a minority stake in Plenitude as part of a targeted funding strategy for its low-carbon subsidiaries.
SBM Offshore posted quarterly revenue of $1,103mn, driven by the Turnkey segment, while maintaining full-year targets and advancing the deployment of its floating units scheduled for 2025.
Shell paid $28.1bn to governments in 2024 for its extractive activities, with major flows reported in Nigeria, Malaysia and Oman, according to its regulatory disclosure in the United Kingdom.
Shell paid $28.1bn to governments in 2024 for its extractive activities, with major flows reported in Nigeria, Malaysia and Oman, according to its regulatory disclosure in the United Kingdom.
CGN Brasil and the government of Piauí have signed an agreement to develop a 1.4 GW energy complex combining solar, wind and storage, with a planned investment of $578mn.
CGN Brasil and the government of Piauí have signed an agreement to develop a 1.4 GW energy complex combining solar, wind and storage, with a planned investment of $578mn.
The iliad Group signs four new renewable electricity purchase agreements in France, Italy and Poland, bringing its total number of European energy projects to eight.
The iliad Group signs four new renewable electricity purchase agreements in France, Italy and Poland, bringing its total number of European energy projects to eight.
Italian industrialist Romano Minozzi now holds over 3% of Eni, valued at €1.2bn ($1.33bn), according to the latest data published by financial regulator Consob.
Enbridge reported a sharp rise in first-quarter 2025 results, driven by its hydrocarbon transport operations and recent acquisitions, while reaffirming its full-year financial outlook.
Enbridge reported a sharp rise in first-quarter 2025 results, driven by its hydrocarbon transport operations and recent acquisitions, while reaffirming its full-year financial outlook.
Axpo will manage balancing and market delivery of solar electricity supplied to Auchan in Poland under a structured agreement with GoldenPeaks Capital.
Axpo will manage balancing and market delivery of solar electricity supplied to Auchan in Poland under a structured agreement with GoldenPeaks Capital.
Energias de Portugal saw its profit rise by 21% in the first quarter, supported by expanded renewable capacity and favourable electricity market prices.
Energias de Portugal saw its profit rise by 21% in the first quarter, supported by expanded renewable capacity and favourable electricity market prices.
Coal India will supply 4,500 MW of renewable energy to AM Green under a memorandum of understanding to power its future green ammonia facilities nationwide.
Driven by strong operational execution and robust demand across key segments, Siemens Energy reports double-digit revenue growth and upgrades its outlook for fiscal year 2025.
Driven by strong operational execution and robust demand across key segments, Siemens Energy reports double-digit revenue growth and upgrades its outlook for fiscal year 2025.
Italian group Enel exceeded analysts’ forecasts with €22bn ($23.66bn) in revenue in Q1 2025, driven by international operations.
Italian group Enel exceeded analysts’ forecasts with €22bn ($23.66bn) in revenue in Q1 2025, driven by international operations.
German group RWE has commissioned six new energy projects in the US, reaching a combined capacity of 999 MW across wind, solar and battery storage technologies.
German group RWE has commissioned six new energy projects in the US, reaching a combined capacity of 999 MW across wind, solar and battery storage technologies.

Advertising