As the solar industry in the U.S. moves toward reaching the goals of the SunShot Initiative, which aims to reduce the total costs of solar energy by 75 percent before the end of the decade, the EU's goal is to be at a minimum of 27 percent renewable energy by 2030.
"The solar industry is growing rapidly in terms of installed power, and production forecasting is an important element of energy balancing, especially in Europe and the U.S. where the grid is connected to multiple power sources," said Jostein Maelan, StormGeo's Vice President of Renewables.
The partnership between StormGeo and Solcast enables the end-users of solar farms to reduce uncertainties in photovoltaic generation caused by variations in solar intensity and cloud coverage affecting the output from the PV systems. The StormGeo solution forecasts radiation and PV output at one-minute granularity and extends to a week ahead for any location on the planet.
"We are very excited about this partnership with StormGeo, to further enable organizations globally as they manage increasing intermittent solar output," said James Luffman, CEO of Solcast. "
"Solar Forecasting is a key element of our long-term vision, and aligns with StormGeo's sustainability initiatives," added Maelan. "By providing high-quality, short-term forecasts for solar power production, we are contributing to making the industry more efficient, more profitable and less dependent on subsidies. We are very proud of that."
