Renewcast

Renewcast is an Italian company founded in 2020 and based in Rome. It specializes in renewable power forecasting solutions, focusing on wind energy. The company utilizes advanced deep learning and digital twin technologies to enhance the efficiency and reliability of renewable energy sources. Renewcast aims to improve energy predictions, helping operators optimize their operations. The company offers AI-driven solutions for wind power generation forecasting through a SaaS platform. This platform employs machine learning to refine forecasting models, enabling clients to manage energy production and grid integration effectively. Renewcast has secured its first commercial clients and is building partnerships in the meteorological forecast space, positioning itself as a significant player in wind forecasting technology. Renewcast has successfully raised approximately €3 million in funding, with the latest round led by South Western Power Group and CDP Venture Capital. This investment supports the expansion of its tech team and operations across Europe and the U.S. The leadership team includes CEO Fabio Nicolò and industry experts who guide the companys growth and innovation.