PlantPredict Energy Modeling Used as Basis for Project Performance Guarantees

First Solar, Inc. has confirmed that PlantPredict, the company’s utility-scale solar photovoltaic (PV) energy prediction software, has been used to generate the reference energy predictions in the sale of three utility-scale projects totaling more than 350MWac.
 
The transactions demonstrate that the cloud-based modeling tool has gained acceptance by lenders and asset owners as a bankable primary resource in analyzing and predicting performance of utility-scale PV solar projects.
 
Energy predictions generated by PlantPredict were used as the basis for EPC and O&M guarantees for projects including the 40MWac Cuyama Solar Project, owned by an affiliate of D. E. Shaw Renewable Investments, L.L.C.; and the 150MW second phase of the California Flats solar power plant, owned by Capital Dynamics.
 
PlantPredict is a sophisticated solar energy modeling tool designed to develop energy estimates for utility-scale solar PV installations. More than 500 companies have already used PlantPredict to model energy predictions for their solar sites.





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