Thursday, December 19, 2024

RatedPower Enhances Solar Design Software for Greater Efficiency

RatedPower, a part of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing new software updates aimed to further assist solar developers, engineering, procurement and construction firms giving them greater flexibility in designing photovoltaic (PV) plants. RatedPower is a one-stop cloud-based solution for PV plant design and engineering. More than 4,300 solar professionals in more than 160 countries use their solutions. In addition to optimizing processes, with today’s announced software updates, users can now access advanced financial metrics to select the most profitable designs.

The software empowers users to simulate project proposals within seconds, seamlessly compare options and export detailed technical documents—all with remarkable efficiency. Going beyond traditional PV, RatedPower supports integrated project elements, including energy storage, interconnection facilities and transmission lines, offering unmatched ease and flexibility. Users also benefit from enterprise-grade data security and protection, ensuring that each project is safeguarded to the highest industry standards. RatedPower is the only solution fully integrated with PRISM®, Enverus’ hallmark energy decision-making platform, allowing users to combine PRISM®‘s extensive, analyst-reviewed renewables data with RatedPower’s automated PV design methodology. This integration enables users to quickly identify ideal project locations and create optimized PV plant designs in minutes.

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“RatedPower gives us a lot more control than what we normally have with an external consultant. That flexibility over the product and site design is really important to us. Designs are so flexible, and we were able to do them in a fraction of the time,” said Tyler Caron, Business Development director with Carolina Solar Energy, a RatedPower customer.

When customers utilize RatedPower, they find they are reducing time spent designing and engineering PV plants by more than 90% and lowering the levelized cost of energy (LCOE) by 5% with efficient and integrated project development. One independent power producer (IPP) reported a significant reduction in design time after switching to RatedPower software. Previously, they spent 1-2 days creating designs in AutoCAD, but now they complete the same task in just 20-30 minutes. The software’s quick design capabilities are particularly useful for feasibility studies, comparing designs and reviewing BoQs.

SOURCE: PRNewswire

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