Solstice AI utilizes advanced artificial intelligence to identify the locations, sizes, and orientations of solar photovoltaic systems through overhead imagery, while also forecasting solar generation by analyzing cloud movement via satellite data. This technology enables energy utilities and traders to accurately predict solar output fluctuations, enhancing their operational efficiency and profitability in a variable energy landscape.
Funding
$90K 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.
Founders
Product
Problem
Energy utilities and traders face challenges in accurately predicting solar output fluctuations due to the variable nature of cloud cover, impacting operational efficiency and profitability. Identifying the precise location and characteristics of distributed solar photovoltaic (PV) systems across a region is also difficult.
Solution
Solstice AI provides AI-powered solutions for identifying solar PV systems from overhead imagery and forecasting solar generation by analyzing cloud movement via satellite data. Solstice SkyScan™ identifies the locations, sizes, and orientations of solar PV systems, including residential, commercial/industrial, and large-scale solar farms. Solstice SkyFlow™ forecasts cloud formation and movement to enable accurate solar generation forecasts for individual sites or entire regions. These tools enable energy market operators, network operators, and energy generators to better manage solar energy resources.
Target Audience
The primary customers are energy market operators, energy network operators, energy generators (including solar farms), retailers who trade in energy markets, and entities who manage fleets of solar + storage assets.
Features
- **Solstice SkyScan™:** Scans regions to identify the precise locations, sizes, and orientations of all solar PV systems.
- Differentiates between solar PV and solar hot water systems.
- Achieves up to 97% accuracy in solar PV system identification, given sufficient image quality.
- **Solstice SkyFlow™:** Forecasts cloud formation and movement using AI and cloud motion vectors.
- Provides solar generation forecasts for individual sites or entire regions.
- Employs AI models trained specifically on the region of interest to account for local factors affecting cloud formation.
- Consulting services are available to apply machine learning and AI to analyze solar generation and other large datasets.