Hexagon’s R-evolution launches its portfolio of renewable energy projects with a focus on the digitization of solar production
NACKA STRAND, Sweden, June 15, 2021 / PRNewswire / – Hexagon AB, a global leader in sensors, software and stand-alone solutions, today announced the first of R-evolution’s investments, which aim to reduce carbon emissions by increasing efficiency and production of renewable energies. The acquisition of a 40 hectare site (equivalent to 60 football pitches) in Archidona, Spain, marks R-evolution’s initial plans: to digitize solar energy production. Launched in mid-February, R-evolution is Hexagon’s business enterprise that aims to reinvent the way the industry addresses complex environmental challenges in a cost-effective manner.
Located just north of Malaga airport, the acquisition includes a newly constructed 8.24 megawatt peak (MWp) solar photovoltaic (PV) farm, which uses PV cells to convert solar energy into electricity. The site expansion plans already underway consist of doubling the park’s peak capacity to 16.44 MWp, or enough to supply all Archidona households each year (more than 8,000 inhabitants) and the equivalent of 8 400 tonnes of CO2 equivalent per year.
The completed solar farm will house 40,000 bifacial (double-sided) panels mounted on horizontal axis trackers, which together allow energy absorption from both sides and automatic sun tracking to increase efficiency and yield. R-evolution will leverage and further increase fleet efficiency by leveraging data through the use of Hexagon’s hardware and sensor software monitoring solutions. Hexagon’s visualization platforms combined with ground and mobile sensor solutions will create an intelligent digital reality of the facility that can be actively, remotely and autonomously monitored to facilitate inspections, quickly detect anomalies in panels, improve targeted maintenance, etc.
“The site will serve as an exploratory innovation center to take advantage of the technologies of Hexagon and its partners in the solar production ecosystem. This is a great opportunity for R-evolution to gain first-hand experience by working with leading industrial partners, ”said Hexagon President and CEO
. “Additionally, expanding construction from top to bottom will provide an even greater opportunity to apply Hexagon’s data-centric solutions, from planning and design to construction and operation, in essentially digitizing solar production from start to finish.
“This is the launch of a much larger vision for R-evolution,” continued Rollén. “We plan to expand its portfolio of renewable energy projects to new photovoltaic and wind sites with innovative storage capacity, expanding Hexagon’s technological influence in renewable energy projects while generating cash flow for future waves of R-evolution investments. “
Learn more about R-evolution’s projects here:
For more information, please contact:
Maria Luthström, Head of Sustainability and Investor Relations, Hexagon AB, +46 8 601 26 27, [email protected]
Kristin christensen, Marketing Director, Hexagon AB, +1 404 554 0972, [email protected]
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