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Terabase Energy

Terbase Energy develops a software platform to reduce soft costs associated with utility-scale development

Published November 5, 2020 • Updated July 25, 2023
Industrial Decarbonization
Power & Utilities
Electrification & Efficiency
Renewables & Energy Storage
Insights
Details
Materials

Product Overview

Overview

Terabase Energy develops a software platform to streamline the development process for utility-scale PV systems. The company was founded by Matt Campbell, bringing his experience as VP of Global Power Plants at SunPower. Terabase closed a $6 million Series A led by SJF Ventures in 2020 with Powerhouse Ventures participating.

The company is targeting soft cost reduction for utility-scale systems, claiming the potential to bring costs below $0.01/kWh by 2025. Terabase aims to do this by enabling developers, EPCs, and IPPs to host a 3D digital twin on their platform, tracking design changes and systems constraints as development proceeds.

Terabase Energy offers a cloud-based platform that enables users to build a 3D digital twin of a utility-scale system with rich GIS data integration for site choice. As the development process advances, the platform tracks design updates and provides version control. Terabase also provides engineering and consulting services for feasibility studies, design optimization, slop analysis, and technology evaluation.

Business Model

SaaS, consulting services

Technology Innovations
  • High resolution topographical data site identification is enabled through a GIS layer with 50cm resolution
Applications
  • Utility-scale PV site identification enables developers to remotely assess site feasibility for large systems while defining borders and exclusion zones
  • Slope analysis assess how site's natural slopes can impact PV system production and construction
  • Version control centralized record of system design updates and changes as development proceeds
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