April 29, 2021
FlexGen’s DigitalTwin feasibility reports answer the question: “Does storage work for my project?”
Energy storage system designer and integrator FlexGen has launched a new service that figures out the feasibility of pre-development projects using the company’s DigitalTwin technology.
Aimed at developers, independent power producers (IPPs) and asset owners that are looking to develop standalone battery storage or add batteries to other generation, FlexGen’s project feasibility reports (PFRs) take a virtual model of the planned installation and allow users to determine everything from revenue opportunities and lifecycle costs to grid impact for interconnection.
The company has based its solution on the FlexGen Digital Twin technology it uses for its own systems modelling and is something the company has been doing for a while, but has only recently productised it to create “investment-grade reports”, FlexGen chief financial officer (CFO) Yann Brandt told Energy-Storage.news in an interview.
Other insights you may like
September 9, 2024
Exploring the Importance of Adaptability and Innovation in Navigating Changing Landscapes
Twenty years ago, the energy industry looked much different than it does today; the same could be said for the next 20 years. Emerging markets need reliable, renewable, low-carbon energy sources to propel their growth as the global economy gravitates toward sustainable energy solutions. Geopolitical instability also threatens grid centralization, requiring businesses to consider decentralizing their assets.
Read More
August 7, 2024
Seeq Announces $50 million Series D Funding Round Led by Sixth Street Growth
SEATTLE – August 6, 2024 – Seeq, a leader in industrial analytics, AI, and monitoring, announced today it has closed a $50...
Read More
August 1, 2024
Empowering Entrepreneurs in Energy: Lessons from Altira’s Success Stories
Addressing the complex challenges inherent to the energy industry and identifying value-generating opportunities in the sector requires an innovative, forward-thinking approach.
Read MoreOther insights you may like
September 9, 2024
Exploring the Importance of Adaptability and Innovation in Navigating Changing Landscapes
Twenty years ago, the energy industry looked much different than it does today; the same could be said for the next 20 years. Emerging markets need reliable, renewable, low-carbon energy sources to propel their growth as the global economy gravitates toward sustainable energy solutions. Geopolitical instability also threatens grid centralization, requiring businesses to consider decentralizing their assets.
Read More August 7, 2024
Seeq Announces $50 million Series D Funding Round Led by Sixth Street Growth
SEATTLE – August 6, 2024 – Seeq, a leader in industrial analytics, AI, and monitoring, announced today it has closed a $50...
Read More August 1, 2024
Empowering Entrepreneurs in Energy: Lessons from Altira’s Success Stories
Addressing the complex challenges inherent to the energy industry and identifying value-generating opportunities in the sector requires an innovative, forward-thinking approach.
Read MoreStay Ahead with
Expert Industry
Knowledge
Subscribed! Thank you.