From Management Control to Plant Performance analysis: the end-to-end Delos Power's approach

Delos is a group composed of two holding companies:

Delos Power and Delos Power 2, resulting from a partnership

between Renam, a specialized asset management company operating

in the renewable energy plant sector, and Tages Capital SGR,

a management company that set up two funds:

Tages Helios and Tages Helios II,

both of which invest in solar power plants.

As the title of the customer story says, the overarching theme is unification, i.e. integrating

the various management control areas with reporting,

planning, plant management,

and financial consolidation.

The first area we addressed and developed was the BI, management control,

where we created a portal designed

to function as a control hub for basic routine operations;

a data repository where all information flows to breaking data down into sub-categories as an output.

This checks the data and creates the information baseline.

We then went on to build the budget

Planning and Reporting with Board. How to combine Performance Management and BI

the planning aspect. Why planning? Because

we looked at earlier in the cost control and control of reporting units

is the budget from another area.

We have a settings section

and we made a sub-screen for each reporting area.

A screen for revenues, a screen for costs, and an executive summary area.

Rather than being a separate entity,

the entire budget is shown in real-time in the BI

as part of the management control phase,

which brings us back to the subject of unification.

A Control Tower for 157 plants. Finance and Operations in a single interactive environment

The penultimate aspect to be implemented

relates to plant monitoring activities.

Why plant monitoring? Plant monitoring

generates all of our revenue,

so it is a key aspect. We use a proprietary monitoring system

that gathers a vast amount of data from a huge number

of different components.

If I recall correctly, this is around 500 meters, 2,000 inverters, and 5,000 photovoltaic field panels

all collecting the widest possible range of information.

To give you an idea it's around 7 billion records!

Board sources the information it needs directly from the monitoring system,

to avoid any errors.

There is of course constant communication among all players in the operation.

So what was our goal? The aim was to implement production monitoring

for both generated MWh/hour and revenues.

Financial closing and consolidation using the same planning and analytics platform

The last part is the consolidation section,

which is a packet preconfigured by Board

and perhaps our star player-making it possible to generate consolidated reports

for single portfolios or sub holdings

as an additional tier.

In fact, we have four levels of

consolidated reporting.

So that completes everything.

All this data is interconnected within a single environment,

which means it can be easily

correlated.