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RatedPower introduces new financial and design comparison tools for pvDesign

By Kelsey Misbrener | December 15, 2020

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RatedPower has launched a new interface for pvDesign featuring financial tools and comparison abilities to help users choose the optimal project design.

The new ​Financial Tool allows the user to create price templates that will be saved privately and used by the algorithm to ​automatically calculate the CAPEX and LCOE ​of all the projects simulated in pvDesign.

The ​Comparison Tool​ allows pvDesign’s clients to ​easily compare designs side by side with the desired parameters and sort them according to their preferences.

Planning and estimating costs properly is imperative in any engineering project. What’s more, modifications on a project may be cheap when requested early in the design process and very expensive when requested in the final stages of approval and construction.

Additionally, flexibility and rapidness are key to reducing plant design and construction costs and thus being able to use a software that automates and optimizes the design of solar plants from the initial feasibility analysis to a complete evaluation might be just the key to a successful project.

RatedPower aims to become the ​one tool to automate and optimize the design of solar plants from the initial feasibility analysis to a complete evaluation including topography, civil and electrical layout, meteorological analysis, energy yield, financial assessment and documentation generation.

The financial and comparison tools have been frequently demanded by solar experts in order to be able to quickly estimate the specific price or cost per Watt peak and the cost per MW/h of a given design.

News item from RatedPower

About The Author

Kelsey Misbrener

Kelsey Misbrener is currently managing editor of Solar Power World and has been reporting on policy, technology and other areas of the U.S. solar market since 2017.

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