Palmetto’s solar mapping tool can now analyze solar potential of about 75% of all U.S. buildings
Palmetto, a clean energy platform technology company, has announced that its Mapdwell division has mapped the solar potential and energy load profiles of more than 107 million roofs — approximately 75% of all U.S. buildings, representing 81% of the U.S. population — with using its own technology. Mapdwell, which was acquired by Palmetto in April 2021, is also licensing this data through Application Programming Interfaces (APIs) to leading utilities, such as ComEd, Pepco, BGE and others, to drive renewable energy initiatives across the country. promote.
“Our deep technology and data capabilities are helping to accelerate the necessary shift to clean energy on a societal scale,” said Chris Kemper, Palmetto chairman, founder and CEO. “The accuracy of Mapdwell’s technology helps educate consumers by providing unique and detailed information about their potential solar investment. That information, combined with our energy-as-a-service platform, provides an easier, faster and more intuitive way for consumers to adopt clean energy.”
Mapdwell’s technology, incubated at the Massachusetts Institute of Technology (MIT), provides an instantaneous assessment of any building’s rooftop potential for solar energy production and storage, as well as a baseline energy load profile. Within minutes, customers can see their estimated cost-benefit analysis to determine if installing solar panels is worth their investment, as well as estimate the number of years it will take to recoup the financial investment.
News item from Palmetto