Terabase Energy Acquires PlantPredict Utility-Scale Solar Energy Modeling Tool from First Solar

Solar digital solutions start-up to integrate performance tool into its suite of digital solutions

 

BERKELEY, Calif. and TEMPE, Ariz.Aug. 25, 2021 /PRNewswire/ — Solar digital solutions startup Terabase Energy today announced that it has signed a definitive agreement to acquire PlantPredict, a predictive solar energy modeling tool, from First Solar, Inc. (NASDAQ: FSLR), a leading American solar technology company. The terms of the agreement were not disclosed.

PlantPredict is a sophisticated predictive solar energy modeling tool that was developed by First Solar for utility-scale PV applications. Easy to use, with advanced modeling options, PlantPredict reduces energy delivery uncertainty by generating rigorously field-verified energy predictions. PlantPredict has been used by thousands of users around the world over the past 10 years and has been validated by third-party independent engineering firms and peer-reviewed studies. The system has been used in the financing of many gigawatts (GW) of solar power plants, demonstrating the accuracy and bankability of its performance modeling.

Terabase is developing a digital, automation, and smart device ecosystem to drive down solar power prices below $0.01 per kWh by 2025. Its proprietary system is used by more than 400 engineering, procurement, and construction (EPC) firms, developers, and independent power producers in 28 countries.

“Adding an industry-leading, bankable, cloud-based performance tool like PlantPredict to our expanding suite of technical solutions makes strategic sense for Terabase,” said Matt Campbell, Terabase CEO. “The future of performance modeling is tighter integration with software-based design, cost estimating and financial modeling and it’s important for Terabase to have its own cloud-based performance modeling solution. PlantPredict is a perfect complement to other solutions we offer and have under development.”

The First Solar PlantPredict team will join Terabase following the closing of the transaction, which is expected to take place in October 2021. This is Terabase’s second acquisition of the year, following its deal to integrate operational technology provider REPlantSolutions earlier this year.

“As we maintain our focus on our advanced module technology, it was important for us to find the right company to integrate PlantPredict into a broader digital energy product portfolio while continuing to raise the bar for solar energy modeling,” said Nick Strevel, vice president, Product Development, First Solar.  “PlantPredict users have long enjoyed rapid, highly accurate, and bankable predictions and, looking to the future, can expect to benefit from the platform’s integration into other Terabase offerings.”

About Terabase Energy

Terabase Energy is a digital solutions company whose products and services reduce costs and accelerate deployment in large scale solar. The company’s proprietary software is used by more than 400 engineering, procurement and construction firms, developers, and independent power producers in 28 countries. For more information, visit www.terabase.energy.

About First Solar, Inc. 

First Solar is a leading American solar technology company and global provider of responsibly-produced eco-efficient solar modules advancing the fight against climate change. Developed at R&D labs in California and Ohio, the company’s advanced thin film photovoltaic (PV) modules represent the next generation of solar technologies, providing a competitive, high-performance, lower-carbon alternative to conventional crystalline silicon PV panels. From raw material sourcing and manufacturing through end-of-life module recycling, First Solar’s approach to technology embodies sustainability and a responsibility towards people and the planet. For more information, please visit www.firstsolar.com.

Source:  https://www.prnewswire.com/news-releases/terabase-energy-acquires-plantpredict-utility-scale-solar-energy-modeling-tool-from-first-solar-301361876.html

PlantPredict Modeling Accuracy – Actual vs. Predicted Results For Bifacial Modules

In case you missed it, a recording of the webinar is now available.

Nicholas Riedel-Lynksaer from the Technical University of Denmark joins us to discuss the results of a yearlong study to better understand bifacial energy gains utilizing eight industry-leading prediction software packages, including PlantPredict. This study seeks to move the industry closer to a better understanding of the risks associated with modeling bifacial solar modules and how the accuracy of PlantPredict compares to other leading software packages. Hear more about the study and listen to a live Q&A session with Nicholas Riedel-Lynksaer and our PlantPredict Product Manager, David Spieldenner.

Attendees will:

  • Learn how the accuracy of PlantPredict compares to other industry software packages when it comes to modeling bifacial modules
  • Learn how to properly interpret bifacial gain when reading PlantPredict reports
  • Observe useful tips for designing a power plant with bifacial modules
  • Discover the factors that determine if and when it is advantageous to deploy bifacial modules in your utility-scale power plant

Check out the full webinar recording: https://attendee.gotowebinar.com/register/7046479064183352843?source=website

Solar Performance Modeling Made Simple – PlantPredict with David Spieldenner of First Solar

Listen to an interview and product demo with David Spieldenner, Product Manager of PlantPredict powered by First Solar. PlantPredict is a sophisticated solar energy-modeling tool designed to develop energy estimates for utility-scale PV applications.  Easy-to-use with advanced modeling options, PlantPredict reduces model uncertainty to generate more accurate energy predictions.  The advanced modeling capabilities in PlantPredict allow you to compare multiple simulations, design layouts, perform topographical analysis, PV+Storage modeling and automated report generation.  The intuitive interface allows users to compare, save and share changes in the model and quickly find the optimal plant design.

Listen to the podcast: https://youtu.be/yWqh9SVgw50Podcast

Anderson Optimization and PlantPredict: Accelerated prospecting and energy simulation for utility-scale solar development

In case you missed it, a recording of the webinar is now available.

This webinar will demonstrate how Anderson Optimization & PlantPredict can be used in tandem by renewable developers to go from early-stage market analysis all the way through array layout design and generation assessments in just minutes to create an efficient project pipeline that decreases cost and significantly increases project opportunities and revenue.

In this webinar, attendees will:

  • Observe a live demo of using Anderson Optimization to identify, map, and lease quality sites
  • Learn how PlantPredict can quickly and easily layout a PV array design and accurately model energy output potential
  • Discover how the combination of these two software solutions can provide a significant competitive advantage
  • Join in a live Q&A session

 

Check out the full webinar recording: https://attendee.gotowebinar.com/register/6863237753549300752?source=Website

International Webinar: PlantPredict Premium

In case you missed it, a recording of the webinar is now available.

Join us for a live demonstration of PlantPredict – a fast, easy-to-use, and sophisticated solar energy modeling software designed to create optimized and accurate energy estimates resulting in maximized ROI. The webinar will include a review of some basics for new users, as well as instructions and helpful tips on a variety of features.

In this webinar, attendees will:

  • Observe a demo prediction using PlantPredict Premium
  • Learn how to clone and compare projects
  • Discover how batch predictions can save time and improve the accuracy of site optimization
  • Experience Map Builder with 3D site view to perform quick and accurate site assessments
  • Join in a live Q&A session

Check out the full webinar recording: https://attendee.gotowebinar.com/register/1047224762766727948?source=website

 

PlantPredict API Now Publicly Available

While users have had access to the PlantPredict API on a case-by-case basis, we are now launching the PlantPredict API as a service available to all users!

Instead of clicking through the user interface, you can use this API, combined with an SDK (Software Development Kit) to run hundreds of predictions using just a few lines of code. This feature can be powerful for optimization, regional analysis, heat map creation, and much much more.

Check it out now on our Home Page: https://plantpredict.com/plantpredict-api/

Reach out to us directly if you would like to get set up on the API: support@plantpredict.com

Map Builder Webinar – Recording Available!

We recently held our first webinar in over a year to demonstrate the powerful new capabilities added to the Map Builder feature. You can now:

  • Updated boundary drawing capabilities
  • Design to maximum desired DC or AC
  • Constraints – users can now specify areas to omit with their DC flood
  • Parcel, flood hazard, and wetland zone layers (currently US-only)
  • Download and upload .kmz files with layers

Check out the full webinar recording to learn more about this feature: https://register.gotowebinar.com/recording/8455115076380335618

 

 

Storage Training Webinar – Recording Available

We recently held a webinar to discuss the value proposition of utility-scale solar-plus-storage, and demonstrate how to model an AC-coupled storage system in PlantPredict. A recording of the webinar is now available.

If you would like to read more about modeling storage in PlantPredict prior to the webinar, check out our User Guide.