Wiltshire's Mintivo selected as IT partner for rapidly growing renewables group Sinewave
Swindon-based renewable energy infrastructure firm Sinewave has appointed Wiltshire-based Mintivo as its strategic IT partner as the former targets £100 million of turnover within the next five years.
Nine-year-old Sinewave has seen 60% growth over the last year and provides solutions for major EV charging stations, rrenewables sites and has more than 2,500 maintenance sites across the UK.
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Mintivo has been tasked with keeping Sinewave’s remote staff connected and is already helping the firm migrate to a fully cloud-based system and exploring the use of AI.
Mintivo MD Alex Jukes said the two companies were aligned in their values because they are of similar age and size.
"We understand the challenges they have because we've been going through a similar journey," he said.
"We're fortunate because Sinewave is so forward thinking, they've got a very clear vision for the future. We will be advising Adam and his team on how IT can support them, what routes will be the right ones and then help them to make the right decisions in getting there more efficiently from an IT point of view.
Sinewave CEO Adam Woodley said the Chippenham-based company was selected because of its track record of helping companies push their boundaries.
"We need an IT partner who is going to push us to make sure that we're at the top of our game and that we're not falling behind the competition,” he said. “Having someone that's agile, forward thinking, also growing and can understand us as a business is really important."
Woodley added: "We're in the energy transformation sector and if you look at the government’s agenda, if you look at net zero targets, existing energy sources are all turning green.
"We’ve grown because of this pace of change and the increasing size of the projects we are undertaking.
"If you go back five years we were looking at five megawatt solar parks, we're now connecting solar parks that are 120 megawatts, so significantly bigger. That drives the opportunity for growth that we have."
Sinewave has around 40 staff at its Swindon base and 50 more engineers working remotely around the UK. It is forecasting £35 million turnover this year but Woodley said the ambition is to keep growing.
"We have a target to be a £100 million business in the next five years, with a headcount of around 250," Woodley said.
Its work includes connecting large-scale projects, which are helping convert traditionally diesel-powered vehicles, like buses, HGVs and shoreside maritime equipment, to cleaner electricity.
It is also currently engaged on an £11 million contract in Stockton-on-Tees that includes three solar parks and eight kilometres of cabling.
Sinewave became B-Corp certified in 2022 and is one of the top UK companies helping lead the charge into renewable energy.