Episode 492

492: TT: An instant feasibility tool for optimizing utility-scale solar? Ashton Vandemark, Terrasmart

Published on: 5th July, 2022

You need a way to define winning solar projects fast, while eliminating all doubt that you've selected the most optimum configuration. And it’s frustrating to commit to a design strategy knowing that if you had the time or data, you could find something better. Furthermore, in the current procurement process, constrained by module availability, trade concerns and interconnection timelines, the need to modify project configuration is an increasing concern to keep these projects on-time. 

Today’s Tactical Tuesday conversation should help with that. I don’t often give such an overt (and free) endorsement of a specific design tool, but when I discovered the Solar Instant Feasibility Tool, I knew it was something I needed to share w/the community.  Today's guest will tell us about a product he created to solve his pain as a project development engineer. And I think you'll find it could help you make better decisions as well.

Ashton Vandemark is the business unit manager for the Solar Instant Feasibility Tool (SIFT) at Terrasmart, a provider of ground-mount solar racking technology primarily used for solar projects. SIFT — a design, performance and financial modeling solution — is Ashton's baby. 

In today's podcast, Ashton shares his experiences from graduating with a mechanical engineering degree from The Ohio State University through relocation to China and ultimately founding the company where he developed SIFT.

He founded that company, Sunfig, in 2017, which he sold in January 2021 to Gibraltar, a provider of solar racking technologies, electrical balance-of-system products, and installation services. Gibraltar concurrently acquired TerraSmart in a significant expansion of its solar portfolio, and rebranded the portfolio of companies Terrasmart earlier this year.

While Ashton's role has changed, he still proudly promotes the early-stage feasibility tool he developed "to help clients gain confidence in their decisions, maximize margins, and submit winning bids with a competitive edge." He says SIFT can Increase a project's internal rate of return (IRR) by 5% to 15% and speed up the development cycle.

Want to know how? Give today’s Tactical Tuesday a listen.

If you want to connect with today's guest, you’ll find links to his contact info in the show notes on the blog at https://mysuncast.com/suncast-episodes/.

SunCast is proudly supported by Trina Solar.

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Remember, you can always find resources, learn more about today’s guest and explore recommendations, book links, and more than 650 other founder stories and startup advice at www.mysuncast.com.

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About the Podcast

SunCast
Your resource for developing a clean energy or climate tech career
Nico Johnson takes you into conversations with those at the forefront of Renewable Energy.

SunCast gives an inside look into what is happening in renewable energy. From conversations with the biggest Solar Panel manufacturers in the world to the small startups creating the future of renewable energy, such as carbon capture and battery technology breakthroughs.

SunCast is dedicated to providing the knowledge, research, tools and expert guidance you need to understand, grow and be ahead of the curve in the fastest-growing markets in the world.

Featuring over 600 conversations, Nico has interviewed people from Tesla, SolarCity, Trina Solar, Meyer Burger, Conergy, SunEdison, Energy Vault and even the US Government... to name a few. Covering topics such as Solar Power, Wind Energy, Batteries, Electric Vehicles, Carbon Capture, Finance, Hydrogen, and more.

You can watch SunCast on YouTube: https://www.youtube.com/@SunCastMedia

...or view the full archive of SunCast episodes here: https://mysuncast.com/suncast-episodes