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Sign uppvDesign
Cloud-based software for the design and engineering of utility-scale solar photovoltaic plants
- About Company
pvDesign
Cloud-based software for the design and engineering of utility-scale solar photovoltaic plants
Label Date
August 14, 2020
By
RatedPower
From
Spain
Maturity stage
TRL 9 / CRI 5-6 - Market competition driving widespread deployment &/"Bankable" grade asset class
RatedPower offers pvDesign, a cloud-based global SaaS that optimizes and shortens the design and engineering process of utility-scale PV plants from an average time of 4-6 weeks to seconds. The customers use pvDesign by simply uploading the project’s location, selecting the main equipment and criteria (topography, civil, electrical, meteorological, etc.) and download all the engineering documentation required for a given project. pvDesign, by using heuristic functions, finds the smartest site configuration in terms of cost and efficiency, often not so obvious for an engineer, enabling comparisons to secure the selection of the optimum one. They are able to better manage their resources, better understand the whole project environment and getting more accurate and optimized results. By using pvDesign clients saw a decrease of 5% in the LCOE of their plants, which translates to a 20% higher solar plant profitability.
The Environmental Benefits
- •pvDesign brings value to developers, IPPs, contractors, investors, and manufacturers, helping them make better decisions
- •If only 1 of every 200 projects studied by pvDesign was annually installed, the energy generated would be 10800 GWh, equivalent to the electricity consumption of 3 million houses
- •Up to +1000GW in +100 countries simulated by pvDesign's clients
The Financial Benefits
- •Decrease of 5% in the LCOE of their plants, which translates to a 20% higher solar plant profitability
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Company Profile
RatedPower
Software to design utility-scale Photovoltaic Plants
Headquarters
28004 Madrid, España
Type
Startup or self-employed
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator RatedPower has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.