Mike Hall, CEO of Anza Renewables, discusses solar procurement, optimization, ranking tables for suppliers, data-driven decision-making, risk-sharing in procurement, and advice for successful project development in the solar industry.
Solar industry has grown significantly from its small beginnings, now a major source of new generation.
ANZA Renewables' platform optimizes solar procurement by aggregating data and providing optimized product rankings.
Deep dives
Overview of the Solar Industry 15 years ago
In the podcast, Mike Hall, co-founder of Anza Renewables, reflects on the solar industry 15 years ago. At that time, the US solar industry was small, with annual installs of only around one megawatt, making it an $8 million industry. The industry was just starting to move away from its off-grid hippie grower market roots and transitioning into contributing to the power mix. However, the industry was still immature, with supply chains and products that were difficult to install and had high failure rates.
The Evolution of the Solar Industry
Mike Hall highlights the significant transformation of the solar industry since its early days. Currently, the solar industry has become mature and is a major source of new generation. With approximately 300,000 people working in the industry, it has grown into a nearly $40 billion industry. The sector has seen substantial improvements in expertise, resources, and technology. Intelligent professionals from various backgrounds have entered the industry, fostering further development and capital investment.
Introducing ANZA Renewables' Procurement Platform
ANZA Renewables, a spin-off from Burego, was developed to optimize procurement in the solar industry. The platform aggregates data from over 90% of the US module supply market, allowing customers to compare and rank module options based on effective dollar per watt. ANZA's algorithms consider various factors such as module efficiency, installation costs, and revenue contracts to provide customers with optimized product rankings. The platform also addresses the data problem in the market by aggregating technical data, commercial contract terms, and counterparty risk information. By streamlining the procurement process, ANZA aims to drive financial improvements for its customers.
Mike Hall, CEO of Anza Renewables, joins us to discuss Anza’s solar procurement platform, the algorithms behind its platform, a general overview on solar modules and more.
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