Company Name: Solar Analytics
Announcement Date: 18/12/2017
Announcement Category: Contract/Partnership, Investment
Announcement Content:
Australian solar energy software provider Solar Analytics evolves from a solar monitoring platform to a holistic Smart Home Energy Management System with the announcement of a $1.9 million grant from the Australian Federal Government. This enhanced software service will provide solar owners with even greater visibility over their energy data, and the ability to closely manage their energy usage, get more value from their system, and drive down their electricity costs.
The Smart Home Energy Management System is being developed in response to the unprecedented changes in Australiaâs energy industry. The major issues identified by Finkel, AEMO, CSIRO and ENA include electricity supply constraints leading to a need for residential demand management solutions; distributed generation driving an industry-wide need for energy data visibility; and markedly increasing electricity costs, with consumers lacking visibility on how to manage or improve their position.
The grant has been awarded by the Cooperative Research Centre (CRC) Program to Solar Analytics to provide âIntegrated Smart Home Energy Management, Control and Data Visibilityâ. Solar Analytics will collaborate with a number of partners to deploy the innovative software platform, including energy utilities Ergon Energy and SA Power Networks, and research partner UNSW. Solar Analytics will also partner with fellow Australian energy technology companies Wattwatchers, SwitchDin, and other local smart energy partners to deliver this innovative end-to-end customer solution.
Solar Analytics CEO Stefan Jarnason says âWe empower our users to navigate the changing energy landscape. The Smart Home Energy Management System will provide consumers with the holistic solution to maximise the value from their residential and commercial solar power system. We want to make living a solar-powered life simple and rewarding.â
The fourth round of the CRC Projects (CRC-P) Program was announced on Wednesday 6th December by The Hon. Craig Laundy MP, Assistant Minister for Industry, Innovation and Science. Assistant Minister Laundy said, âThe CRC Program has a long history of developing real world solutions to improve the competitiveness, productivity and sustainability of Australian industries. The short term collaborative research projects supported through this round will lead to direct impacts and improve the competitiveness, productivity and sustainability of Australian industries.â
Solar Analytics provides solar energy management services for residential and commercial solar power system owners for more than 15,000 solar premises across Australia, New Zealand and the USA.
About CRC
The Cooperative Research Centres (CRC) Program supports industry-led collaborations between industry, researchers and the community. Itâs a proven model for linking researchers with industry to focus on research and development towards use and commercialisation.
It aims to:
- improve the competitiveness, productivity and sustainability of Australian industries, especially where Australia has a competitive strength and in line with government priorities
- foster high quality research to solve industry-identified problems through industry-led and outcome-focused collaborative research partnerships between industry entities and research organisations
For more information, please visit www.business.gov.au/assistance/cooperative-research-centres-programme
About Solar Analytics
Redfern-based Solar Analytics is a ground-breaking solar home energy management company that provides solar owners with compelling insights to increase the value of their solar power system. Founded in 2013 by a team of world-leading solar experts, Solar Analytics has developed a cloud-based data and analytics platform for residential and commercial solar systems. Using patented algorithms and machine learning, Solar Analyticsâ monitoring software analyses energy generation, local weather and on-site energy consumption to provide real-time alerts and engaging insights for solar partners and households. More information at www.solaranalytics.com.
Announcement URL: https://www.solaranalytics.com/au/blog/crc-awards-solar-analytics-usd1-9m-for-smart-home-energy-management-system
About Solar Analytics:
Solar Analytics is an Australian greentech start-up that provides performance monitoring and fault diagnosis for rooftop solar photovoltaic (PV) power systems to derive maximum value for customers.
The Smart Monitor product intelligently monitors real-time solar energy system performance - energy consumption, solar production, faults, downtime, energy bought and sold. After installing a small device in their meter box, customers receive any fault alerts and advice immediately by email, can access a dashboard online from any computer, tablet or smartphone to check energy usage and system performance, and receive monthly reports that provide valuable insight.
Go to Company Profile for: Solar Analytics
Announcement Contact: [email protected]
