Renewable Energy Systems

OverviewSuggest Edit

Renewable Energy Systems (RES) is a renewable energy company. RES is involved in the research and development of onshore wind, solar, and technologies that will be enablers to a low carbon future – energy storage and transmission.
TypePrivate
HQKings Langley, GB
Websiteres-group.com
Employee Ratings3.6
Overall CultureA-

Latest Updates

Employees (est.) (Jul 2020)435
Job Openings2
Revenue (FY, 2018)£597.8 M(-32%)
Cybersecurity ratingBMore
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Key People/Management at Renewable Energy Systems

Ivor Catto

Ivor Catto

CEO
Sanjay Patel

Sanjay Patel

Global Chief Information Officer
Peter Clibbon

Peter Clibbon

Senior Vice President Development, RES Canada
Martin Underhill

Martin Underhill

Vice President, Execution, RES USA
Gary Buckley

Gary Buckley

Vice President Of Construction, RES USA
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Renewable Energy Systems Office Locations

Renewable Energy Systems has offices in Kings Langley, Cardiff, Gateshead, Glasgow and in 27 other locations
Kings Langley, GB (HQ)
Beaufort Court, Egg Farm Ln
Cardiff, GB
Cedar House, Cardiff Gate Business Park, Greenwood Cl
Gateshead, GB
The Axis Building Maingate
Glasgow, GB
Third Floor STV, Pacific Quay
Grimsby, GB
Wharncliffe Rd N
Guildford, GB
6a, The Old Mission Hall, 53A Woking Rd
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Renewable Energy Systems Financials and Metrics

Renewable Energy Systems Revenue

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Renewable Energy Systems's revenue was reported to be £597.82 m in FY, 2018 which is a 32.5% decrease from the previous period.
GBP

Revenue (FY, 2018)

597.8m

Revenue growth (FY, 2017 - FY, 2018), %

(32.5%)

Gross profit (FY, 2018)

55.2m

Gross profit margin (FY, 2018), %

9.2%

Net income (FY, 2018)

20.9m

EBIT (FY, 2018)

34.7m

Cash (31-Oct-2018)

169.0m
GBPFY, 2016FY, 2017FY, 2018

Revenue

758.8m885.7m597.8m

Revenue growth, %

17%(33%)

Cost of goods sold

717.3m751.9m542.6m

Gross profit

41.6m133.8m55.2m
GBPFY, 2016FY, 2017FY, 2018

Cash

123.8m171.3m169.0m

Accounts Receivable

127.0m117.4m125.5m

Prepaid Expenses

12.9m11.7m16.2m

Inventories

15.0m10.1m9.7m
GBPFY, 2016FY, 2017FY, 2018

Cash From Operating Activities

338.7m177.0m7.1m

Purchases of PP&E

(156.2m)(6.3m)(16.0m)

Cash From Investing Activities

(79.6m)(9.9m)(14.0m)

Long-term Borrowings

(302.5m)(71.8m)(29.5m)
GBPFY, 2016

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.7 x
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Renewable Energy Systems Operating Metrics

Jul, 2020

Countries

8

Markets

2

Services Provided

4

Technologies

4
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Renewable Energy Systems Acquisitions / Subsidiaries

Company NameDateDeal Size
System 3November 02, 2015
1 1 RES Deutschland Wind GmbH & co KG
12 RES Deutschland Wind GmbH & co KG
13 RES Deutschland Wind GmbH & co KG
6034862 Manitoba Limited
6034919 Manitoba Limited
9337-9675 Québec Inc.
Aberarder Wind Farm I-LP
Ahiyuva Enerji Üretim Limited $irketi
Alexandra Dock Energy Limited
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Renewable Energy Systems Revenue Breakdown

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Renewable Energy Systems revenue breakdown by business segment: 89.4% from Construction and Development Contracts, 6.6% from Service Agreements and 4.0% from Other

Renewable Energy Systems revenue breakdown by geographic segment: 65.6% from Americas, 16.6% from Rest of Europe, 16.9% from UK and 0.9% from Other

Renewable Energy Systems Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Renewable Energy Systems Online and Social Media Presence

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Renewable Energy Systems Company Culture

  • Overall Culture

    A-

    78/100

  • CEO Rating

    B

    71/100

  • Compensation

    A

    82/100

  • Diversity

    B

    73/100

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Renewable Energy Systems News and Updates

Global Water Desalination Market Report 2021-2026 - Opportunities with Desalination With Renewable Energy Systems & Hybrid Desalination Process

Dublin, Oct. 28, 2021 (GLOBE NEWSWIRE) -- The "Water Desalination Market - Global Outlook & Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.The global water desalination market by revenue is expected to grow at a CAGR of 9.32% during the period 2021-2026.

RES contributes to solar job training through GRID Alternatives’ Tribal Program

Representatives from RES were recently invited to participate in a solar build educational event through GRID Alternatives’ Tribal PV Internship Program.

RES partners with Brora firm to support local jobs at planned wind farm

The agreement, which was signed last week, gives Edward Mackay right of first refusal on the civil construction work for the proposed scheme – helping to secure valuable local jobs and employment opportunities for local people should the project receive consent.

RES recognised for Outstanding Service at Flagship Industry Awards

Throughout this year RES’ asset management and O&M teams have continued to keep renewable projects operating, helping to keep the lights on for 2.4 million homes.

RES awarded prestigious certificate for asset management services

RES has secured worldwide recognition for its asset management services with the ISO 55001 certification.

Renewable Energy Systems Blogs

RES shows resilience with 2.2GW of new renewable capacity in 2020

To date, RES has developed and/or constructed 19GW of renewable generation and now provides support services to over 7GW of assets across the world.

RES commits to new Exeter site for Octopus Renewables solar spares

RES and Octopus Renewables have signed a three-year spares management contract which will see RES supply inverter spares for the clean energy investor’s solar assets in the UK.
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Renewable Energy Systems Frequently Asked Questions

  • Who are Renewable Energy Systems key executives?

    Renewable Energy Systems's key executives are Ivor Catto, Sanjay Patel and Peter Clibbon.

  • How many employees does Renewable Energy Systems have?

    Renewable Energy Systems has 435 employees.

  • What is Renewable Energy Systems revenue?

    Latest Renewable Energy Systems annual revenue is £597.8 m.

  • What is Renewable Energy Systems revenue per employee?

    Latest Renewable Energy Systems revenue per employee is £1.4 m.

  • Who are Renewable Energy Systems competitors?

    Competitors of Renewable Energy Systems include ABO Wind, Solarcentury and Mainstream Renewable Power.

  • Where is Renewable Energy Systems headquarters?

    Renewable Energy Systems headquarters is located at Beaufort Court, Egg Farm Ln, Kings Langley.

  • Where are Renewable Energy Systems offices?

    Renewable Energy Systems has offices in Kings Langley, Cardiff, Gateshead, Glasgow and in 27 other locations.

  • How many offices does Renewable Energy Systems have?

    Renewable Energy Systems has 32 offices.