Octopus’ Kraken platform can now be used to manage the operation of offshore wind farms.
It comes following the acquisition of asset management expert Sennen.
As well as entering the new market, the acquisition increases Kraken’s contracted assets from 6.5GW to 36GW.
Sennen’s maintenance and analytics platform supports thousands of sites including offshore wind farms, solar farms and grid scale batteries.
The Sennen software uses cloud technology to streamline oversight, maintenance and daily operation of renewable energy projects.
Kraken said that joining forces with Sennen “will enhance Kraken’s asset management offering, allowing it to develop more innovative products and services”.
Devrim Celal, chief executive of Kraken, added: “This acquisition is a game-changer for us as we continue to disrupt the renewable energy landscape.
“Sennen’s expertise and innovative solutions perfectly complement our mission to provide efficiency and scalability to asset managers. We are excited to join forces with Sennen’s talented team to turbocharge the move to a cleaner, cheaper energy world.”
Gaby Amiel, chief executive of Sennen Tech Ltd, said: “Our energy system needs to be completely rethought and rewired in order to operate free from fossil fuels.
“With renewable energy capacity set to triple globally, Sennen’s focus on meeting the challenges faced by renewable project owners will be of increasing importance.
“Kraken is at the absolute vanguard of the energy transformation. Together, we have the technology to unlock tremendous value for our customers.”
Kraken has thus far been predominantly used for customer billing and management of renewable generation and energy devices.
This year it has also entered the water and broadband markets.
In the water sector, both Severn Trent and Portsmouth Water have adopted the platform.
Meanwhile, broadband provider Cuckoo became the first telecoms provider to implement the platform earlier this year.
In an exclusive interview with Utility Week earlier this year, Octopus boss Greg Jackson explained how the parent company and Kraken are completely distinct entities separated by a “Chinese Wall” with just four people sitting above both.