New cloud-based digital platform and optimization engine enables developers, IPPs, and EPCs to rapidly make optimal design and procurement decisions and realize millions in additional value over a project’s duration.
Oakland, Calif — August 29, 2023 — Anza, a leading solar and energy storage procurement platform, today announced a first-of-its-kind digital application designed to transform the selection and procurement process for large-scale solar and battery storage projects. Backed by a proprietary optimization engine, the platform enables buyers to instantly and easily source, compare, and rank equipment based on long-term project value and lifecycle costs all in one place—enabling developers, IPPs, and EPCs, to build projects faster and capture millions of dollars in additional value over a project’s duration.
The current solar and storage procurement process has long been plagued by inefficiencies, relying on outdated pricing, data, and analytics tools to make complex and dynamic purchasing decisions. Most buyers still employ manual, offline processes that take weeks or months to compare the prices of materials, with no simple way to account for balance of system (BOS) cost impacts, ongoing maintenance costs, product efficiency, shipping times, and other critical factors. The result is thousands of hours of wasted time, design rework, project delays, and suboptimal product choices leading to lower long-term project returns. Meanwhile, emerging risks around supply-chain and extreme weather are only compounding these challenges.
Anza’s new cloud-based platform addresses these challenges by creating a one-stop shop for buyers to rapidly make optimal design and procurement decisions. For the first time, buyers have a tool to see all the technical, financial, supply chain, and risk-related data required to select the best components for their project. Anza’s technology provides the analytics necessary to instantly compare solar module prices, weigh system costs and production-related revenue between module options, as well as rank energy storage equipment options, accounting for both upfront and operating costs. Additionally, Anza provides proprietary calculations to assess the lifetime value of solar and energy storage projects including:
“We’ve reached an inflection point where the industry is moving at hyper-speed and it’s never been more critical to remove roadblocks to project speed and volume. But the procurement process has been stuck in the dark ages, impacting both project timelines and revenue,” says Mike Hall, CEO of Anza. “With the Anza platform, months worth of manual work is condensed to minutes, enabling solar and energy storage project development to become faster, more efficient, and ultimately more profitable.”
Anza’s platform is revolutionizing the solar and energy storage procurement process and solving decades-long inefficiencies that have traditionally hamstrung project development. Leveraging industry-leading software and data analytics, Anza acts as a much-needed guide in the procurement process to allow customers to make fast, strategic, and financially beneficial decisions that significantly impact the rate of return on projects.
Launched as an independent company in May 2023, Anza is backed by a team with decades of solar procurement experience and industry-leading energy storage procurement and implementation experience. The company has experienced over 100% YoY growth. To date, the Anza platform has supported customers in evaluating over 21 GW of solar and 42 GWh across over 600 projects.
To learn more about Anza’s new platform offerings check out the App for yourself.