UL, a global security advisor for developing, evaluating and optimizing renewable energy projects, has acquired Clear Sky Analytics' proprietary software platform and assets.
Founded by solar industry veterans Ajay Saproo and John Corson, Clear Sky Analytics specializes in distilling and interpreting PV solar plant operational data to improve performance by providing actionable insights. Clear Sky Analytics software platform integrates data quality management, performance modeling and analysis algorithms to create a comprehensive and quantitative record of energy generated and energy loss due to specific causes.
The acquisition of the Clear Sky Analytics platform complements UL's existing portfolio of independent technical consulting, testing, inspection, certification and software services for the solar industry. These services are designed to help stakeholders such as developers, investors, financiers, owners, operators, utilities, grid managers, and policy makers understand the intricacies of solar power generation. They support all phases of the project life cycle, including feasibility, planning, design and construction, financing, investment, operation, maintenance and management of solar systems.
“We are very excited that the Clear Sky Analytics platform is now part of UL and will help create a safer, safer and more sustainable world,” said Jennifer Scanlon, President and CEO of UL. “With solar energy as a zero-emission, reliable energy source, increasing and optimizing supply enables communities around the world to replace carbon-intensive energy sources and significantly reduce global warming emissions. The Clear Sky acquisition enhances how UL uses human, brand and financial capital to help our customers take positive action that benefits our planet, its people and the prosperity of future generations. “
Since Clear Sky was founded in March 2017, the company has provided development and operational information for more than 150 solar projects spanning various regions and designs. Utilizing the expertise of each organization, the assignments included UL consulting and laboratory and field inspection services combined with Clear Sky's analysis of facility performance data that resulted in optimized solar facility performance and significant savings in operator costs. The terms of the acquisition were not disclosed.