Fat Spaniel and Satel Announce Partnership
The Spanish solar market could use more monitoring and optimization of its solar power projects. San Jose, Calif.-based startup Fat Spaniel Technologies and Finnish radio modem company Satel want to provide it.
Under a partnership announced Tuesday, Fat Spaniel and Satel willwork together in Spain to remotely monitor solar plants and use thatdata to optimize their performance.
That’s Fat Spaniel’s business, built on the fact that photovoltaicsolar power plants don’t always perform as well as they’re supposed to.It’s among a host of companies seeking to help solar power plantoperators improve their performance (see PV: You Can’t Manage What You Don’t Measure).
The new partnership will put Satel in that role in Spain, and couldexpand to broader European markets in the future, said Matt Powell, FatSpaniel’s CEO.
Not only that, but Satel already carries data from a large portionof the solar power plants installed in Spain to date, Powell said. Thatcould give Fat Spaniel a possible foot in the door with the owners ofthose projects to add more extensive monitoring and optimizationservices, he said.
Spain’s solar market provides an interesting forum for the servicesFat Spaniel has to offer. The country’s generous feed-in tariffs forsolar projects led to about 3 gigawatts of solar being installed lastyear, as developers rushed to take advantage of the program.
But that also led to an oversupply of solar panels in the countryand allegations that developers were fraudulently claiming project werecomplete before they actually were to secure the favorable tariffsbefore a September deadline (see Solar Fraud Could Eliminate Spanish Market).
Now Spain has a new program for 2009 with a 500-megawatt cap oneligible projects. With uncertainty remaining over verifying the poweroutput of solar power plants will likely be a priority of thatgovernment program (see Spain Kicks Off New Solar Feed-In Tariffs).
But then, getting the most out of a photovoltaic solar power projectis also a concern for any developer that makes money from theelectricity a project produces.
Fat Spaniel competitor Energy Recommerce (ERI) told Greentech Media last month that its monitoring products have been standardized for projects by developers such as MMA Renewable Ventures, Solar Power Partners and Tioga Energy.
Inverter companies like EnPhase, Tigo and Solar Edge are building in monitoring technology for their panel-level inverter systems. And inverter maker Satcon (NSDQ: SATC) in March came out with its Solstice energy management system to monitor performance for solar systems using Satcon’s larger-scale, centralized inverters.
Fat Spaniel in June opened up its energy data to third-partyapplication developers as a way to give customers more options for howthey use the company’s data (see Fat Spaniel Launches Open Platform).
Fat Spaniel raised an $18 million Series B round in January 2008from Ignition Partners, Element Partners, Chrysalix Energy, PCG CleanEnergy & Technology Fund, and Applied Ventures, and closed a $7million A Round in 2006 (see Fat Spaniel Launches Open Platform and Fat Spaniel Gets Fatter).
Greentech Media is an integrated online media company designed to deliver the highest-quality content in the industry, whether it is research, news or critical networking events. Greentech Media is headquartered in Cambridge, Mass., with operations in New York City, San Francisco and Munich.
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