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.
Renewable Energy
Real Estate: Supply and Demand
About 40 years ago, I used to lie in bed on Sunday mornings with my coffee and Los Angeles Times opened to the real estate section: “Homes in Other States.” I recall voicing some level of buyer’s remorse, having just paid more for a who-cares house in Southern California, where I could have bought half a county in Oklahoma or Mississippi.
My girlfriend at the time, now my wife, would ask me, “But do you think you’d be happy living in West Virginia, with some of the most poorly-educated people in the country? Do you think that would forward your career and your overall life satisfaction?” She had a point, to be sure.
Today’s MAGA conspiracy theorists will tell you that people are leaving California in droves, because of things like environmental regulations. Yet that doesn’t explain why the Golden State, if it were a country, would have the fourth largest economy on the planet, and a house here identical to one in Alabama whose value there may be $200K would fetch about $1.2 million here.
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Renewable Energy
When You’re Addressing Idiots You Can Get Away with a Lot
At left we have John Fetterman talking to people so stupid they’ll believe that it would have been wrong for the British colonists to oppose King George III in the late 18th Century, or for the people of Germany and Italy in the 1930s to stand up against Hitler and Mussolini. What about the people in today’s dictatorships, i.e., the people in Russia, China, North Korea, or any of the other 50+ authoritarian regimes around the world?
Morons tend to agree with the loudest, most aggressive voice of nationalism, regardless of how little sense it makes.
It’s a great moment of opportunity for Fetterman.
Renewable Energy
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I happened to bring this up in my interview with Dr. V. Ramanathan of the Scripps Institution, who has been amassing data on global warming since the 1970s. He laughed, and explained, “If I could prove that human activity was not causing temperatures to rise, I’d be be one of the wealthiest and most famous scientists in world history.”
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