Solcast

About Solcast

Solcast provides real-time and forecasted solar irradiance and power data globally, utilizing a network of weather satellites and advanced machine learning techniques. This data enables solar energy operators to optimize performance and enhance the bankability of their renewable energy assets.

<problem> Accurate solar irradiance and PV power forecasting are critical for optimizing the performance and bankability of renewable energy assets, yet traditional methods often lack the precision and real-time updates required for effective decision-making. Solar energy operators need reliable data to manage grid stability, optimize energy trading, and ensure efficient plant operations. </problem> <solution> Solcast provides real-time and forecasted solar irradiance and PV power data globally, leveraging a network of weather satellites and advanced machine learning techniques. The company's cloud-based platform crunches over 600 million forecasts hourly, offering high-resolution data updated every 5-15 minutes. Solcast's data enables solar energy operators to enhance the accuracy of their predictions, optimize plant performance, and improve the overall bankability of their renewable energy assets. Data is delivered via a REST API, allowing for seamless integration into existing systems. </solution> <features> - Global coverage with high-resolution data (up to 5 minute / 90 metre resolution) - Real-time data updated every 5-15 minutes - Forecasts spanning from 7 days ago to +14 days ahead - Historical data and Typical Meteorological Year (TMY) data available - Proprietary cloud and aerosol detection for accurate irradiance modeling - PV power modeling for both rooftop and utility-scale systems - Integration with PV modeling software (PVSyst, SAM, TMY3, CSV) - REST API for easy data access in JSON or CSV format </features> <target_audience> Solcast primarily serves solar energy operators, grid operators, independent power producers (IPPs), and energy traders who require accurate solar irradiance and PV power forecasts for optimizing their operations and managing renewable energy assets. </target_audience>

What does Solcast do?

Solcast provides real-time and forecasted solar irradiance and power data globally, utilizing a network of weather satellites and advanced machine learning techniques. This data enables solar energy operators to optimize performance and enhance the bankability of their renewable energy assets.

Where is Solcast located?

Solcast is based in Lilyfield, Australia.

When was Solcast founded?

Solcast was founded in 2016.

How much funding has Solcast raised?

Solcast has raised 681900.

Location
Lilyfield, Australia
Founded
2016
Funding
681900
Employees
26 employees
Major Investors
Australian Renewable Energy Agency

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Solcast

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Executive Summary

Solcast provides real-time and forecasted solar irradiance and power data globally, utilizing a network of weather satellites and advanced machine learning techniques. This data enables solar energy operators to optimize performance and enhance the bankability of their renewable energy assets.

solcast.com7K+
cb
Crunchbase
Founded 2016Lilyfield, Australia

Funding

$

Estimated Funding

$500K+

Major Investors

Australian Renewable Energy Agency

Team (25+)

No team information available.

Company Description

Problem

Accurate solar irradiance and PV power forecasting are critical for optimizing the performance and bankability of renewable energy assets, yet traditional methods often lack the precision and real-time updates required for effective decision-making. Solar energy operators need reliable data to manage grid stability, optimize energy trading, and ensure efficient plant operations.

Solution

Solcast provides real-time and forecasted solar irradiance and PV power data globally, leveraging a network of weather satellites and advanced machine learning techniques. The company's cloud-based platform crunches over 600 million forecasts hourly, offering high-resolution data updated every 5-15 minutes. Solcast's data enables solar energy operators to enhance the accuracy of their predictions, optimize plant performance, and improve the overall bankability of their renewable energy assets. Data is delivered via a REST API, allowing for seamless integration into existing systems.

Features

Global coverage with high-resolution data (up to 5 minute / 90 metre resolution)

Real-time data updated every 5-15 minutes

Forecasts spanning from 7 days ago to +14 days ahead

Historical data and Typical Meteorological Year (TMY) data available

Proprietary cloud and aerosol detection for accurate irradiance modeling

PV power modeling for both rooftop and utility-scale systems

Integration with PV modeling software (PVSyst, SAM, TMY3, CSV)

REST API for easy data access in JSON or CSV format

Target Audience

Solcast primarily serves solar energy operators, grid operators, independent power producers (IPPs), and energy traders who require accurate solar irradiance and PV power forecasts for optimizing their operations and managing renewable energy assets.

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