Xendee Supports Futuristic Project ‘NEOM’ Enabling Conversion to Renewable Energy
Xendee is proud to announce a contract supporting NEOM, the visionary project aiming to create a sustainable city in the Kingdom of Saudi Arabia. SAN...
A mid-sized microgrid developer was preparing an Energy as a Service quote for a customer's commercial facility that had existing solar.
Utility rates peak after the sun goes down, so they believed that adding a battery would be beneficial, but didn't know how to quantify that benefit to provide a service that delivers value to their customer, and a return to their business.
Using the XENDEE software platform, the client was able to model the existing solar with a new battery.
XENDEE's minimum cost and multi-year optimization was able to quantify the value the battery would provide over the full PPA period, taking into account the degradation and increasing utility costs.
The optimized results clearly indicated the value of adding a battery, and the costs to provide that solution. This allowed the client to prepare an EaaS quote to ensure the necessary return would be achieved in order to get the project financed and approved.
They were then able to communicate positive results to both their customer and their financier.
Xendee is proud to announce a contract supporting NEOM, the visionary project aiming to create a sustainable city in the Kingdom of Saudi Arabia. SAN...
SAN DIEGO--(EIN PRESSWIRE)--Idaho National Laboratory (INL), in partnership with Xendee Corporation and Reilly Associates, has released a new report...
The National Electric Vehicle Infrastructure (NEVI) program is a federally funded program that aims to allocate $5 billion over five years (2022 -...