PowerMarket offers a solar mapping platform that utilizes machine learning and satellite imagery to assess and prioritize properties for solar installation based on return on investment and energy performance. The platform streamlines project management and monitoring, enabling businesses to efficiently manage multiple solar installations and monetize excess energy production.
Funding
$120K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
CAHQFounders
Product
Problem
Assessing the solar energy potential of multiple properties is traditionally a time-consuming process, often requiring hours per site and specialized expertise. This makes it difficult for organizations to efficiently identify and prioritize properties for solar installations, hindering their ability to reduce energy costs and meet sustainability goals. Existing methods often lack scalability and the ability to integrate financial and environmental impact data.
Solution
PowerMarket offers a solar mapping and project management platform that leverages machine learning and satellite imagery to streamline the assessment and management of solar installations across multiple sites. The platform enables users to quickly scan entire property portfolios, prioritize sites based on ROI and energy performance, and manage the installation process. PowerMarket also provides tools to monitor energy production, sell excess power, and access various financing options, empowering organizations to maximize energy savings, generate revenue, and achieve decarbonization targets.
Target Audience
PowerMarket targets social housing organizations, local authorities, energy-intensive companies, solar installers, consultants, real estate funds, owners, warehouses, retail businesses, and business parks seeking to reduce energy costs, generate revenue from solar, and meet ESG targets.
Features
- AI-powered portfolio scanning using satellite imagery, weather data, and EPC (Energy Performance Certificate) data
- ROI and EPC-based property prioritization
- Project management tools for efficient multi-site solar installation
- Energy production monitoring and excess power sales platform
- Integration with PPA (Power Purchase Agreement) finance options
- Streamlined procurement process for securing optimal deals
- Customizable savings reports for C-suite and sustainability teams
- Reporting tools for savings and emissions