Colorado — Cypress Creek Renewables, a developer and long-term owner of utility-scale solar energy facilities, has selected AlsoEnergy to provide monitoring for over 2GW of solar projects currently in their development pipeline. These projects are all based in the U.S. and are scheduled to be deployed over the next 24–36 months.
Cypress Creek Renewables has a company mission to develop, finance, and own an extensive portfolio of solar power assets based in the United States. Cypress manages an operating portfolio of more than 330 MW and has a pipeline in excess of 2GW. Cypress Creek is moving rapidly to commission operational ground-mount projects from 2-20 MW in capacity.
Cypress has leveraged management experience with over 100 operational projects to create a standardized approach, allowing them to develop at scale with speed and efficiency.
Standardizing on a single monitoring platform is an important element in the Cypress Creek business model. After an extensive industry survey, they have chosen PowerTrack from AlsoEnergy to be the specified monitoring solution for the Cypress Creek portfolio.
“As long-term asset owners, we need a bankable monitoring partner who can deliver robust performance analysis while also easing our administrative workload” says CEO Matthew McGovern. “As developers with an ambitious deployment calendar, we also demand a monitoring partner with a proven track record for on-time fulfilment and responsive support. AlsoEnergy met or exceeded our needs in every detail.”
“We will use AlsoEnergy software to remotely identify, locate, and diagnose performance issues across our growing portfolio. This technology enables us to minimize site visits and reduce costs related to O&M” says McGovern. “Another attractive feature is the AlsoEnergy Workflow Suite, which allows us to track maintenance costs and production losses.”
AlsoEnergy is the monitoring company behind two leading software products: PowerTrack and DECK Monitoring. “Over the past 2 years AlsoEnergy has focused on product development aimed at the utility-scale market, including a proprietary SCADA site controller” says AlsoEnergy CEO Robert Schaefer. “We are excited to work with Cypress Creek, a major utility-scale developer. The Cypress relationship helps validate our investment in this growing market segment.”
About Cypress Creek Renewables
Cypress Creek Renewables is the largest and fastest growing dedicated provider of local solar farms. Our local solar solution is so efficient we produce energy at or below market costs, and so convenient it allows us to deploy solar where the power is needed most. With well over $1 billion invested and 2GW of local solar farms deployed or in development (enough to power 1,500,000 homes), Cypress Creek partners with local communities and utilities to provide widespread access to affordable, clean energy.