This startup focuses on integrating solar power plants into the electrical grid. They aim to facilitate the transition to renewable energy sources and create new opportunities for solar power plant developers by improving grid compatibility.
Funding
Funding not disclosed
Founders
Product
Problem
The increasing penetration of solar power into electrical grids introduces challenges due to the intermittent and variable nature of solar energy production. This variability can lead to grid instability and limit the potential revenue streams for solar power plant owners.
Solution
Epon provides a solution that enables solar power plants to be more responsive to grid balancing requests, unlocking new value for plant owners and facilitating the transition to renewable energy. The company leverages AI, IoT, and access to energy markets to make solar power plants responsive to balancing requests from the grid. Epon's technology allows solar power plants to modulate their injections and respond to downward activation requests, increasing revenues and encouraging a profitable model for solar power.
Target Audience
Epon's primary customers are solar power plant owners and operators seeking to increase revenue and improve grid compatibility, as well as grid operators looking to manage the integration of increasing amounts of solar energy.
Features
- AI-powered forecasting tools to predict solar production and optimize curtailment or injection strategies.
- IoT-enabled control systems for real-time responsiveness to grid balancing requests.
- Access to flexibility markets, including day-ahead, imbalance, and aFRR (automatic Frequency Restoration Reserve).
- Baselining of solar power plant production.
- Image-based solar power predictions.