kWh Analytics, the market leader in solar risk management, today
announced the release of Orange
Button Translate, the first piece of software designed exclusively
to support the U.S. Department of Energy Solar Energy Technologies
Office’s (SETO) Orange Button data standards.
Orange Button Translate streamlines data sharing in the market by
facilitating the transmission of solar data between developers,
investors, and other key stakeholders. This tool is the culmination of a
two year award from the DOE, and it supports Orange Button’s goals of
reducing transaction costs and increasing bankability.
“kWh Analytics has built and maintains the most comprehensive
performance database of solar assets in the United States,” said Jason
Kaminsky, COO of kWh Analytics. “We are proud to leverage our experience
working with solar big data in support of the adoption of Orange Button
along with the Department of Energy, NREL, SEPA, and SunSpec Alliance.”
“Orange Button Translate will improve data sharing throughout the solar
value chain and will help reduce solar soft costs as the Department of
Energy and the solar industry have envisioned,” said Aaron Smallwood,
Senior Director for Technical Services at the Smart Electric Power
Alliance (SEPA). “This is the culmination of years of work by the
project teams and the solar industry, and will quicken the transition to
a more clean and modern grid.”
Orange Button is supported by the solar finance community, including
large banks like Wells Fargo.
“Standardized data will reduce time, cost, and industry inefficiencies,”
said Jon Previtali, Director of Technology and Technical Services for
Wells Fargo’s Renewable Energy & Environmental Finance team. “With
Orange Button Translate, kWh Analytics has moved the industry forward
with their advanced data capabilities. Wells Fargo is a proud supporter
of the Orange Button initiative.”
Orange Button Translate is free and available to the public. More
information can be found here: kwhanalytics.com
& translate.kwhanalytics.com.
About kWh Analytics
By leveraging the most comprehensive performance database of solar
projects in the United States (20% of the U.S. market) and the strength
of the global insurance markets, kWh Analytics’ customers are able to
minimize risk and increase equity returns of their projects or
portfolios. kWh Analytics also provides HelioStats risk
management software to leading project finance investors in the solar
market. kWh Analytics is backed by Anthemis, a leading fintech Venture
Capital firm, ENGIE New Ventures, the venture arm of France's largest
energy company, and the US Department of Energy.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180919005027/en/
Copyright Business Wire 2018
Source: Business Wire
(September 19, 2018 - 9:00 AM EDT)
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