Austin, Texas (PRWEB) February 13, 2013
To spur development and innovation in the energy sector, four companies announced the launch of the Independent Engineering Network (IENet), a global alliance that brings decades of expertise in due diligence, technical assessment and independent engineering together under one umbrella.
“Integration is now pushing the energy market forward as companies realize that we’ve moved beyond a particular technology or region,” said Jon McClurg, Vice President at Boulder-based Walsh Environmental Scientists and Engineering LLC. “With advanced energy technologies becoming main stream, clients need a wider range of expertise to put all the pieces together,” added McClurg.
The IENet alliance, including Electric Power Engineers, Inc. (EPE), IGM Civil Engineering, Inc. (IGM), V-Bar LLC (V-Bar), and Walsh Environmental Engineering LLC (Walsh) combines key services and expertise needed to lower risk, drive efficiencies, and speed the development of projects in the advanced and integrated energy sector.
In a recent Pike Research report, Electricity Generation's sub-segments, including wind, solar, biomass, thermal, and tidal energy, accounted for $549.3 billion in 2011 revenues, which comprised 49% of total revenues from all of the advanced energy segments researched.
IENet will have a particular emphasis on renewable energy, which accounted for $268.7 billion in global investments in 2012, according to Bloomberg New Energy Finance. That translated to a fivefold increase from what it was in 2004 and the second-highest level recorded.
“IENet is the perfect solution for renewable energy projects in developing countries, where finding and putting together experienced companies is difficult. IENet would be the one-stop shop for full design and due diligence anywhere in the world,” said Dr. Marc Ballouz of International IGM Civil Engineering.
“IGM perfectly complements the team and brings more than fifteen years of design and build solutions to the network, delivering solid designs with the most economical and practical configurations," added Dr. Ballouz.
IENet’s collective expertise is ideally suited to help the financial community accelerate the way energy deals are done and mitigate the risk associated with larger projects.
“IENet is particularly attractive to financial institutions who want to deal with fewer vendors, but still need the breadth of multiple disciplines,” said Richard Simon, Managing Director at V-Bar, a meteorological and resource provider to the global wind and solar industries. “After more than thirty years in the energy industry, we work very well with team members of other disciplines—exactly what IENet is setup to do.”
“Our goal from day one was to bring together of a group of specialized companies that could bridge the needs of a very diverse and changing energy market,” said Hala Ballouz, President at Electric Power Engineers, Inc.
“Whether it’s a new project or one that’s being evaluated for acquisition, we bring more than 40 years experience in energy project design and development while providing clients to direct access to world class experts,” added Ms. Ballouz.
Access to IENet is immediately available and interested firms should contact IENet at +1 512.380.1245 or email at info(at)IE-network(dot)net for discussion on particular project requirements.