Palmetto’s Mapdwell division has mapped the solar potential and energy load profiles of over 107 million rooftops – approximately 75% of all U.S. buildings equating to 81% of the U.S. population – using its proprietary technology. Mapdwell, which was acquired by Palmetto on April 20, 2021, also licenses the data via application programming Interfaces (APIs), to utility companies like ConEd, Pepco and BGE to help with renewable energy initiatives in the country.
“Our deep tech and data capabilities are helping to accelerate the needed shift to clean energy on a societal scale,” states Chris Kemper, Palmetto chairman, founder and CEO. “The accuracy of Mapdwell’s technology helps educate consumers by providing unique and detailed information on their potential investment in solar energy. That information, coupled with our energy-as-a-service platform, provides an easier, faster and more intuitive way for consumers to adopt clean energy.”
“Reaching this milestone is a significant step forward for the solar industry. Mapdwell now covers 81% of the U.S. population in 38 states and Washington D.C., including all current Palmetto service areas,” says Eduardo Berlin, executive vice president of Palmetto and founder of Mapdwell. “Our goal is to map the solar potential and derive energy load profiles of every building across the U.S. – and we’re on track to accomplish just that in the very near future.”
Mapdwell’s technology, incubated at the Massachusetts Institute of Technology (MIT), provides an instant assessment of any building’s rooftop potential for solar energy production and battery storage, as well as a baseline energy load profile. Customers can instantly see their cost-benefit analysis and calculate the return on their financial investment.