Daily Research News Online

The global MR industry's daily paper since 2000

PowerMarket Shines More Light on Solar

August 15 2024

Solar energy consultancy PowerMarket has added new data sets to its Solar Mapping platform, allowing real estate companies, solar installers, local authorities, energy companies and others to make informed decisions about their businesses and/or their solar installations at either the portfolio or individual project level.

Abhinav JainUK-based PowerMarket is backed by scientific and venture capital funds including the University of Oxford, the European Space Agency, and Techstars. The firm's mission is to democratise and scale up the adoption of solar energy globally, helping organisations to decarbonise and monetise their buildings, 'effectively turning them into virtual power plants'.

Users start by sharing details of their own buildings with the company - including location, size and energy consumption - then receive an assessment of the solar potential of the site (including ROI and environmental impact) based on PowerMarket's advanced AI technology and high-resolution satellite imagery. If they wish to proceed, the company provides a project management dashboard / app centralising documents, data and communication channels; help with the installation process; and once it's complete, real-time monitoring of its performance. The firm can also provide marketplace options - third-party finance and sale of excess electricity - and dedicated support and data and insights are available throughout the process.

The new data available includes AI-based solar analysis, allowing real estate firms to optimise investments and energy companies to target potential customers, among other uses; EPC data; meter information to help analyse, plan and manage installations and optimise performance; and data on building fabrics, roof materials and listed building status.

The firm is online at www.powermarket.net , and founder and CEO Abhinav Jain is pictured.

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

Select a region below...
View all recent news
for UK
UK
USA
View all recent news
for USA
View all recent news
for Asia
Asia
Australia
View all recent news
for Australia

REGISTER FOR NEWS EMAILS

To receive (free) news headlines by email, please register online