This case study features Positive Energy Ltd, a project that simplifies renewable energy finance. It showcases how Positive Energy uses Blockchain, Cloud 66 Kubernetes solutions, and Google Cloud to achieve unbeatable performance.
Positive Energy Ltd Background
Nicolas Payen and Vincent Bakker founded Positive Energy Ltd in 2017. Positive Energy helps to source, fund, and trade clean energy assets in a smarter way, with the world’s most powerful renewable energy finance platform.
Positive Energy Products:
- Matchmaking - A digital discovery tool that connects investors with the projects that seek investments.
- Due Diligence Collaboration - a tool that provides an easy way for investors and project owners to work efficiently together by offering traceability and audit trails, access to third-party audit companies management, financial model, virtual data room, KYC and AML.
- 360 Asset Management - this tool helps investors and projects owners to monitor asset and offers technical, operational, legal, finance and taxes support.
How it works: Positive Energy streamlines the process for matching investors with the seed-level companies that are seeking investment, and since it is a digital platform it makes financing renewable energy projects cheaper, easier and faster.
Nicolas, can you give us an overview of your Kubernetes infrastructure set up?
We are a global technology company servicing institutional investors. As a consequence, we wanted to use state-of-the-art architecture from day one. We defined 5 key criteria to select our stack. These criteria are:
- Flexibility: We are an early stage start-up so we want to keep our options open as long as possible. We don’t want the technology to become a roadblock to the business.
- Openness: We value open-source technologies and the work done by the developer communities around them.
- Automation: Every dollar we spend has to quickly create value for our customers and our organization. So DevOps principles are at the core of our engineering work.
- Future proof: We want to help society to build energy infrastructure for a carbon-free future. This requires an IT infrastructure that adapts to future needs.
- Security: We operate in the financial sector and we know the importance of cybersecurity in this context. It's vital that we protect our customers' data.
In your experience, how easy or difficult is it to use containers in production?
In fact, it was really easy for us. We just set up the containers once, and then we could almost forget about them. Our container infrastructure runs on Google Cloud and Cloud 66, the integration works very well.
Currently, we run 4 different environments: development, QA, staging, and production. Also, it is reassuring to know that with Cloud 66 at any time we could shift to another cloud provider if the business asked for it.
Kubernetes! Why Cloud 66 to take care of your containerization?
Cloud 66 is an easy way to set up Continuous Integration and Deployment (CI/CD). It takes care of building images, generating and modifying configuration files, setting up policies and deploying anywhere without worrying about different cluster setups.
As a result, it takes us less than 3 minutes between a commit in our git account and the deployment on the targeted environment. We could even deploy our release(s) in parallel to multiple environments. Also, it's very handy to set up and use features like database backup, SSL certificate, firewall options and so on.
This allows our engineering process to be very ‘liquid’. This is perfect for a start-up like ours.
How does Cloud 66 Kubernetes support the Positive Energy engineering team?
Today we have a small but efficient team composed of 3 full-stack engineers, a technical lead, a QA engineer, and a project lead. Cloud 66 allows our developers to maintain a lot of the infrastructure themselves, embrace the DevOps culture and deploy on a fast cycle. They are all fluent with Kubernetes, and the Cloud 66 tools offer ease, flexibility, and convenience to them. On rare occasions, they will seek the support of Cloud 66 team mainly by email. So far, this set-up has been working fine for us.
Lastly, what are your future plans? Is there anything else that you would like to add?
2019 is a very important year for Positive Energy Ltd with the launch of our digital platform to the market. After almost 17 months of design iterations and development, we are very excited to put it in the hands of our first strategic customers. This is the beginning of a long journey. We think we can play a key role in the Asia region to accelerate the energy transition and support the rapid growth of solar, energy storage, wind, and other renewable energy projects. We receive more and more requests from developers to help them secure financing for their projects. At the same time, many of our investors are now accelerating or further shifting their investments into this investment category. There will be plenty of opportunities for deals. 2019 is also the year where we will close our seed funding round to execute our strategy and to grow more aggressively.
It's a great pleasure to work with the awesome folks at Positive Energy Ltd. Thank you, Nicolas, for finding the time to chat with us about Positive Energy Infrastructure. It's always fantastic to discover all the unique ways in which our customers are using Cloud 66.