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Intermap Applied sciences (TSX: IMP) ( OTCQX: ITMSF) (“Intermap” or the “Firm”), a world chief in 3D geospatial knowledge and intelligence options, right now introduced a brand new contract with a significant photo voltaic power firm to supply NEXTMap® elevation knowledge as a service and analytics to help photo voltaic farm planning and website evaluation. Intermap’s resolution saves renewable power corporations vital time and assets.
Intermap’s elevation knowledge as a service enterprise mannequin is scalable to fulfill the particular wants of consumers. The Firm developed customized slope analytics to the photo voltaic power firm’s particular necessities. It quickly supplies detailed details about the steepness of the terrain for website assessments, visualization and planning. Such a evaluation usually occurs within the preliminary levels of planning so organizations can concentrate on essentially the most promising websites. As soon as photo voltaic websites are prioritized, survey groups deploy drones and different tools to guage and mannequin the areas additional. A serious profit is the discount of those extra pricey and time-consuming surveys. Purchasers can entry the elevation knowledge and analytics they want with out buying the elevation fashions, leading to an economical resolution that can be utilized by non-geospatial consultants.
“We’re excited to supply photo voltaic power corporations with cutting-edge elevation knowledge and analytics to help photo voltaic initiatives world wide,” stated Patrick A. Blott, Intermap’s Chairman and CEO. “Intermap’s simply accessible geospatial knowledge and analytics make it easy for photo voltaic power corporations to handle a number of initiatives and save money and time related to sending floor crews within the early levels of planning.”
At present’s latest subscription displays Intermap’s continued enlargement into the renewable power market the place its NEXTMap elevation knowledge and analytics meet the rising demand for photo voltaic power. The worldwide solar energy market is anticipated to develop from $184.03 billion in 2021 to $293.18 billion in 2028 at a CAGR of 6.9% (Supply). The expansion in demand for photo voltaic power is pushed by environmental urgency and incentives set forth by governments to assist scale back carbon emissions. Intermap’s international knowledge protection allows power corporations to broaden operations to fulfill the rising renewable power demand whereas sustaining confidence that the information will present correct and constant outcomes wherever on the earth.
Latest wins with different main renewable power corporations present the rising demand for Intermap’s distinctive capabilities in offering the required instruments for renewable power planning and local weather resilience initiatives. The Firm is constructing recurring income at a excessive margin with a concentrate on elevation knowledge as a service and analytics to fulfill the worldwide demand for clear power.
This new contract consists of entry to Intermap’s NEXTMap elevation knowledge and customized slope analytics, enabling the shopper to evaluate viability, consider cover heights and carry out cut-fill evaluation within the preliminary planning levels of proposed photo voltaic initiatives.
To study extra about Intermap’s elevation knowledge and analytics for renewable power, go to www.intermap.com/renewable-energy
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