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The Renewable Consultancy Group Ltd

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The Renewable Consultancy Group Ltd - ICT showcase

Year Founded & Workforce

2015

500 Employees

Industry

ICT
T

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The Renewable Consultancy Group Ltd Overview

Company Headquarters: UK

Founded: 2015

Workforce: ~500

Company Working: The Renewable Consultancy Group Ltd. (RCG) is a market intelligence, management consultancy, and technical advice organization focused on the renewable energy sector. It assists organizations driving the transition to a low-carbon economy by supporting mainstream and emerging technologies. The company offers offshore & onshore wind and solar power technological solutions to public & social, government sectors, financial services & corporate buyers, energy utilities, contactors & manufacturers.

Strategy

The Renewable Consultancy Group Ltd. (RCG) has a strong presence in the European renewable energy market, which is a rapidly growing market due to the increasing sustainability approaches of industries globally. RCG is continually focuses on developing strong technical as well as technological consultations for energy and governments & public sector. For instance, the company expanded its focus in North Western European countries in anticipation of substantial growth and governments emphasizes on renewable energy growth.

Company Snapshot

500

Employees

2015

Founded

UK

Headquarters

SWOT Analysis

Strengths

  • Strong and wide regional presence across Europe
  • Customized renewable energy solutions
  • Significant use of technology

Weaknesses

  • It has strong geographical presence but has overdependency on specific areas for the revenue generation

Opportunities

  • Strategic Initiatives
  • Government approaches towards sustainability

Threats

  • Stringent government rules & regulations for renewable industry sectors

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Key Developments

DateApproachDevelopment
March 2023Technical DevelopmentJERA Co., Inc. (JERA) appointed The Renewables Consulting Group (RCG), as its exclusive technical advisor in its recent 100% ownership in Parkwind NV (Parkwind), Virya generation NV's offshore wind generation platform.
September 2022Technical DevelopmentThe RCG, served as a technical advisor to Swiss Life Asset Managers in its acquisition in the fully functional 731.5 MW Borssele III & IV offshore wind farms in the Netherlands. The full-scope technical due diligence help comprised a complete and exhaustive investigation of the project's technical components in order to determine and advise on potential technical investment risks.
June 2022Technical DevelopmentThe Renewables Consulting Group, named as Lender's Independent Consultant for the 20 MW East Strathmore Solar Farm in Canada. The firm provides technical due diligence services and continued to assist the financing process from construction to operations.
June 2022Technical DevelopmentThe Renewables Consulting Group, expanded into the Belgium, the Netherlands, Luxembourg, and Germany in anticipation of substantial growth, as these governments continue to emphasise renewable energy growth in their own regions.
July 2021AcquisitionThe Renewables Consulting Group (RCG) has been acquired by ERM, a sustainability advice organisation. The acquisition broadens ERM's ability to assist clients across the lifetime of large-scale renewable energy projects, from market intelligence and strategy formulation to project planning, building, operation, and decommissioning. It brings substantial sector experience in offshore wind projects and increases the firm's capacity to assist clients on the purchase and sale of renewable energy assets.
July 2021LaunchRCG launched the second update of its Global Renewable Infrastructure Projects (GRIP) database platform. GRIP 2.0, with additional functionality and enhanced capabilities, for critical offshore wind project statistics and projections. It provides crucial data that is updated in real time on an easy-to-use platform that can be tailored to client needs.

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