End-to-End Data Intelligence Platform Makes
Battery Storage Project Sizing and Performance Predictable
HOUSTON, Oct. 16, 2018 /PRNewswire/ -- A new tool
enabling the solar and energy storage industry to deploy with
confidence was released by PasonPower today. The Storage Architect™
modeling software for energy storage project development puts
economics first by forecasting a project's economic value with the
same optimization algorithm that runs autonomous energy storage
systems in the field. With Storage Architect, Pason Power
significantly reduces the risks to asset owners, installers, and
financiers of overbuilding or underbuilding systems.
"With our platform, you don't have to be a data scientist to get
your solar plus storage projects from pencil-out to power-on," said
Bryce Evans, Success Manager at
Pason Power. "Storage Architect gives energy project developers a
precise projection of how much storage a site will require, what
the payback period will be, and what the net present value of the
system is. This enables energy project developers to zero-in on
opportunities and deploy storage and solar plus storage projects
with confidence."
Storage Architect is powered by a sophisticated analytics
platform built by a company with a legacy of over 24 years in
the management and security of energy data. Pason Power is backed
by its parent company, Pason Systems Inc. (TSX: PSI), and leverages
robust, industrial technology which has provided data acquisition
and management for over 600,000 drilling sites worldwide,
representing over $1 trillion in
drilling operations globally. Pason enjoys one of the strongest
balance sheets in the industry and has a 40-year track record of
adding value through energy data.
"A major hurdle solar and storage installers face in project and
proposal design is the inconsistency between the benefits that
estimation tools predict customers will see from their renewable
energy and storage projects, and how the completed systems actually
perform in the field," said Brent
Harris, CTO of energy storage manufacturer Eguana
Technologies Inc. "Pason Power offers a platform for storage
estimation and operations that is powered by the same underlying
analytics engine, which enables installers to present the cost and
performance of several installation options to their customers with
confidence."
Storage Architect puts the power of advanced battery
optimization and control algorithms into the hands of system
integrators, project developers, as well as energy sustainability
and efficiency consultants; enabling users to identify the economic
viability of energy storage systems to perform demand charge
management in concert with renewable energy generation. Upon system
commissioning, the project configuration developed in Storage
Architect is transferred to the advanced energy storage system
providing a seamless transition from pencil-out to power-on.
Individuals interested in learning more, or signing up for a
free trial of Storage Architect can do so here:
https://storagearchitect.pasonpower.com/
About Pason Power
Pason Power enables customers to
build, sell, operate, and support advanced energy storage systems
through its energy intelligence software platform. Pason Power
customers can confidently right-size and model the financial
performance of energy storage projects to significantly lower
project risk and confidently move from pencil-out to
power-onTM. The company is built on a legacy of over 24
years in the management and security of energy data. The company is
backed by its parent company, Pason Systems Inc. (TSX: PSI), and
leverages robust, industrial technology which has established it as
a world leader in energy data management and controls automation.
Pason enjoys one of the strongest balance sheets in the industry
and has a 40-year track record of adding value through energy data.
Pason Power solutions are compatible with leading component
suppliers and enable energy storage systems that reduce costs for
end users, serve as reliable grid assets for utilities, and let
developers deploy storage systems of all sizes with confidence. For
more information please visit https://pasonpower.com/ and follow us
on Twitter @PasonPower and LinkedIn pason-power
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