Excelsior Energy Capital has entered into a multiyear partnership with Proximal Energy, with the aim of utilizing Proximal’s AI platform to optimize Excelsior’s portfolio of energy storage assets.
Proximal’s platform is expected to introduce Excelsior to the provider’s Agentic Asset Management, a system powered by generative AI models that is meant to assist asset managers and O&M providers. The company says these digital “agents” have access to all project-related documents, allowing them to answer pertinent questions. Additionally, the agents can analyze time-series data when requested, offering users the ability to investigate outages and underperformance events and to calculate KPIs.
“Excelsior’s decision to partner with Proximal represents a considerable advancement in how we manage and optimize energy storage assets, and we are proud to help guide the renewable energy industry’s innovation on this vital front,” says Chris Frantz, partner and head of Operations at Excelsior Energy Capital.
“This partnership aligns with our vision to leverage next-generation AI technologies to streamline asset management, reduce operational overhead and ensure the long-term performance of our projects.”
This announcement follows a series of initiatives by Excelsior. In July, the firm announced a 2.2 GWh agreement with Fluence Energy to utilize domestically manufactured battery cells in its U.S. energy storage projects. In April, it announced a 2 GW agreement with Heliene for domestically produced solar panels.
Earlier this year, Excelsior launched Lydian Energy, an independent power producer specializing in the development, construction and operation of utility-scale solar and battery energy storage projects across North America.
The post Excelsior, Proximal Partner on AI-Powered Asset Management appeared first on Solar Industry.
It’s hard to think of a bad trait that Trump doesn’t manifest.
He certainly has pettiness and vindictiveness nailed.
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ACORE Celebrates its 25th Anniversary by Ringing The Opening Bell at the NYSE
New York, NY – Today, ACORE celebrated 25 years by ringing The Opening Bell at the New York Stock Exchange (NYSE), marking an important milestone and sending a clear message that clean energy is a foundational economic engine of the 21st century.
“When ACORE was founded 25 years ago, our goal was to prove the economic case for clean power. Today, as we ring the bell at the New York Stock Exchange, we are celebrating the reality that clean energy is now the cheapest, most reliable, and most scalable source of power available,” said ACORE President and CEO Ray Long. “Our focus remains on the future. We are facing unprecedented electricity demand growth, and we need to deploy capital faster than ever before to build the grid of tomorrow. The financial momentum is here, and the clean energy economy is ready to deliver the abundant, low-cost power our nation demands.”
Founded in 2001, ACORE was the first organization dedicated to expanding the pan-renewable economy in the United States. For 25 years, ACORE has worked toward its vision of an electrified economy powered by clean energy that supports an improved quality of life for all. Today, ACORE members are the investment engine behind the massive clean energy deployment that is helping ensure that Americans’ energy needs are met.
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About ACORE:
ACORE is a nonpartisan nonprofit organization that operates at the intersection of affordability, reliability, and clean energy deployment. Our work is focused on stabilizing energy prices, strengthening the electric grid, and driving investment in cost-effective technologies to ensure that clean energy delivers for people, businesses, and the U.S. economy.
ACORE’s membership includes clean energy investors, developers, energy buyers, power generators, manufacturers, and energy providers. In 2024, nearly 80% of the booming utility-scale domestic clean energy growth was financed, developed, owned, equipped, or contracted by ACORE members. For more information, visit www.acore.org.
Media Contacts:
Chris Higginbotham
higginbotham@acore.org
The post ACORE Celebrates its 25th Anniversary by Ringing The Opening Bell at the NYSE appeared first on ACORE.
https://acore.org/news/acore-celebrates-its-25th-anniversary-by-ringing-the-opening-bell-at-the-nyse/
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