RECIV.net
RECIV.net
Empowering the Clean Energy future with streamlined Due Diligence
Description
RECIV addresses a critical bottleneck in clean energy adoption: the outdated due diligence process for renewable energy project funding. The current system suffers from information disarray, error-prone processes, and complex regulatory environments. This inefficiency hinders the $4 trillion annual investment needed to limit global warming to 1.5°C. RECIV's AI-powered Know Your Project (KYP) system streamlines due diligence, reducing time and costs by over 25%, thereby accelerating the transition to sustainable energy.
What makes it different
Our KYP system uniquely combines Intelligent Document Processing (IDP) with Robotic Process Automation (RPA), tailored for renewable energy. Unlike generic solutions, this integration automates extraction and analysis of complex project documents, while interfacing with governmental data sources via APIs. This creates an unprecedented end-to-end automation in due diligence, setting a new industry standard. By leveraging AI and machine learning, KYP not only processes data faster but also provides intelligent insights, transforming decision-making in renewable energy investments.
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Consolidated vote from the IL committee (ConTech, EcoMotion, Ignite The Spark, PlaneTech and 2 investors)