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.
I’m not a financial pro, but here’s some advice:
Don’t live on a budget. Make a lot of money and live far beneath your means. What value does luxury actually bring to your life, especially if it makes you nervous about running out of cash?
As I told my kids when they were growing up, “Unless you’re completely shallow, showing off your money is an idiotic thing to do. You make false friends and have people glomming onto you to sell you stuff you really don’t need.”
Warren Buffett still lives in a modest house in Nebraska, a state in which he could buy an entire country. Maybe there is something about him and his values that could benefit you.
I see.
There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.
LOL.
It’s possible that right now, there are other civilizations observing the human race, studying us from afar, and noticing our decline into savagery and eventual extinction by turning billionaires into trillionaires.
People say that the principal weakness of human beings is that we can’t plan for the future as a species. Dogs are arguably even worse, though they aren’t consumed with greed. They don’t plot the starvation of millions of other dogs so they themselves can have enough food to last a billion years.
As an elderly man, I’ll be leaving this planet soon, but I won’t cease pondering this until my heart stops beating.
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