Panaji-Goa/India, October 2016: Panama Wind Energy Godawari Private Limited, a Wind IPP of Panama Renewable Energy Group, has been awarded as the Best Performing Project of the Year 2015-16 in the state of Maharashtra at the India Wind Energy Forum 2016 that took place in Panaji-Goa, in India on the 6th – 7th of October 2016.

The Panama Renewable Group, a young diversified Group of companies backed by Berkeley Energy, Singapore, is strongly positioned into the renewable energy field with the challenge of developing and building the clean energy infrastructures of the future. In the latest five years Panama Renewable Group made its presence, being always different across the Wind Industry and contributing to transform the way in which India produces energy from renewable sources.

During the India’s biggest Premier Wind Energy Event, attracting and bringing together leaders from across the World, the best performing companies and other professionals were honoured under different categories of awards for excellence, among which Panama Wind Energy Godawari Pvt Ltd, that was awarded with a slew of prestigious awards at IWEF in the year 2015-16.

India Wind Energy Forum
Panama team receives the “Best Performing Wind Farm of the Year (MH)” at the IWEF 2016

Panama Wind Energy installed Energy Studio Pro® for managing the performance of its 80 MW Mirkala Wind Farm in May 2015. The project was designed and implemented by POWERCON Ltd, to meet Panama’s requirement. The new control centre has been titled “The Battlefield” to reflect the fact that it is used to fight a “War” for performance improvement, and it was conferred with the award of “Wind Farm Control Center of the year-2015” at the IWEF 2015.

After one year, Mr. Dinesh Jagdale – Panama Director and CEO – receiving the IWEF 2016 award as “Best Performing Wind Farm of the Year (MH)” motivated the value of the data visualization, analysis and optimization capabilities of ESP in managing the performances of their 80 MW assets. “The analytics teams of Panama and POWERCON were quick to check and detect issues and abnormalities, using domain expertise of O&M and finding together performance improvement opportunities” said Mr. Jagdale. “Such technical feedback shared between the teams were constructively used by Gamesa to make functional changes in design, parameters setting and necessary upgrades. I appreciate the responsive participation of Gamesa, technological leader in the Wind Industry, in scaling up of the power plant’s performance” he added.

India Wind Energy Forum
From right to left, Dinesh Jagdale, Panama Director and CEO, expressing his gratitude to Praveen Kakulte, POWERCON CEO.

Panama CEO expressed his special thanks to Panama O&M Team, POWERCON, BaxEnergy and Gamesa for being instrumental in achieving the best performance levels in terms of productivity and efficiency of the wind park. The “Best Performing Wind Farm of the Year” award stands as an excellent example of team work” emphasized enthusiastically Mr. Jagdale.

“The OEMs are progressively approaching the Indian Wind Industry with a more open mind-set and are increasingly sharing data with the assets owners in order to make the performances management easier and participative” acknowledged Mr. Praveen Kakulte, POWERCON CEO. “Moving forward, the constant innovation in IT infrastructures is helping to consolidate quality assets, simplifying O&M and thus bringing greater advantages to the Wind Energy Industry. The ESP platform brings benefits to the assets owners as well as the assets makers. Panama Wind made both working effectively and this is the reason why it deserved the awards, taking home this great success!” concluded Mr. Kakulte.

Mr. Sameer Ladkat, founder & chairman of Panama Wind Energy, expressed his gratitude, conveying “We are committed to contribute to the sustainable development of the Wind industry in India. We believe that renewable sources play a central role in the growth of our country. Electricity Generation from Wind Power Plants helps to protect the environment, improving the Country’s energetic independence”.

About Panama

The Panama Renewable Group, a young diversified Group of companies backed by Berkeley Energy, Singapore, is strongly positioned into the renewable energy field with the challenge of developing and building the clean energy infrastructures of the future. Panama Renewable is going to transform the way in which India produces Energy from Renewables. The Company has developed 650 MW of Wind Energy portfolio across the State of Maharashtra, Madhya Pradesh, Andhra Pradesh and Karnataka. For additional information about the company and service offers, please visit: www.panamarenewable.com

About POWERCON

POWERCON is the first Indian Renewable Energy Asset Management Company that provides a complete 360-degree Operation and Maintenance (O&M) service for solar and wind power plant. The company has grown a generation of engineers that have contributed to the wind energy since inception in India. Working on the implementation of many wind energy projects and evaluating challenging opportunities, the company influences various aspects of the supply chain in the Indian wind industry. For additional information about the company and service offers, please visit: www.powercon.in

About BaxEnergy

BaxEnergy is dedicated to deliver innovative turnkey solutions to renewable energy players for complete visualization, data analysis and optimization of their power plants. The aim of the company is to make renewable energy easier, more efficient, affordable and secure, contributing to build a greener world for the benefit of present and future generations. BaxEnergy was founded in 2010 and is headquartered in Bad Nenndorf, Germany. The Development and Support division is located in Catania, Italy. For additional information about the company and service offers, please visit: www.baxenergy.com

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