OnSwitch and Radial Power Join Forces to Enhance Solar Developments
OnSwitch, Inc., a leading entity in software-driven solar project development, has forged an exciting partnership with Radial Power, a reputable provider of onsite energy solutions for commercial properties. Together, they aim to develop 100 megawatts (MW) of solar capacity over the coming years. This collaboration represents a significant investment in accessible solar energy, covering approximately 10 million square feet of rooftop space.
Key Features of the Partnership
The partnership is set to deliver various features, including energy storage systems, electric vehicle charging stations, and options for hosting community solar projects. Early development on the first sites is already underway, with Radial Power in charge of ownership and operation. This collaboration greatly enhances OnSwitch's funding capabilities and project resources, allowing for the implementation of solar energy, storage solutions, and electric vehicle charging facilities.
Leadership Insights
Mark Bronez, CEO of OnSwitch, expressed enthusiasm about the alliance, stating, "We are thrilled to work alongside Radial, especially as solar energy demand in the commercial sector continues to surge. This partnership provides us with the necessary capital and resources to scale swiftly and meet that growing demand." His counterpart at Radial, John Bates, echoed this sentiment, stating, "This collaboration enables us to harness OnSwitch's extensive expertise and relationships with significant building owners nationwide, expediting the rollout of effective and sustainable energy methodologies."
Transforming Corporate Energy Solutions
The joint effort between Radial Power and OnSwitch aims to streamline the process for corporate clients looking to evaluate and acquire solar power. By utilizing OnSwitch's proprietary AI-driven SkyQuotes™ software, the partnership enables businesses to obtain lower-cost electricity without the strain of upfront capital expenses. This innovative approach supports companies in reducing energy expenditures across their real estate portfolios.
About OnSwitch and Radial Power
OnSwitch, Inc., based in San Francisco, CA, specializes in commercial and industrial (C&I) solar energy project development. By employing its patented SkyQuotes™ software, the company simplifies solar cost assessments and project evaluations for corporate entities. OnSwitch's exclusive SkyPlanner™ tool allows multi-building clients to compare and prioritize their evaluations, ensuring effective decision-making. The OnSwitch management team boasts an impressive expertise in the solar industry, having successfully developed and built over 2,000 MW across more than 4,000 projects since its inception.
Radial Power operates as a privately-owned developer and manager of clean energy resources within extensive real estate portfolios. Based in Houston, TX, the company is backed by investment affiliates of energyRe and Starwood Energy, contributing significantly to the renewable energy landscape. Its focus on developing clean energy assets positions Radial Power as a key player in advancing sustainable energy solutions.
Frequently Asked Questions
What is the goal of the OnSwitch and Radial Power partnership?
The partnership aims to develop 100 MW of solar capacity for corporate customers, focusing on sustainable energy solutions.
How will the projects impact corporate energy consumption?
The projects will provide corporate clients with lower-cost electricity without upfront capital requirements, helping to reduce overall energy costs.
What technologies will be included in the solar projects?
The projects will encompass energy storage, electric vehicle charging, and community solar hosting options to enhance sustainability.
Where is OnSwitch headquartered?
OnSwitch is headquartered in San Francisco, California, specializing in commercial solar energy project development.
What is Radial Power's focus in the energy market?
Radial Power focuses on developing, owning, and operating distributed clean energy resources across vast real estate portfolios.
