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RatedPower
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0 jobs · 1 filter active · updated 194 days ago

About RatedPower

Company Overview

Name

RatedPower, a subsidiary of Enverus

Headquarters

Madrid, Spain

Founded

2017

Size

Approximately 30 employees (source: linkedin.com). €5.3 million in Series A funding in 2023 (source: ratedpower.com).

What We Do

RatedPower develops cloud-based software solutions, focusing exclusively on photovoltaic solar energy (PV). The company does not address wind, storage, hydrogen, or grid technologies; its product portfolio is centered on optimizing the design and operations of solar plants. Its flagship product, pvDesign, is a SaaS platform that automates and optimizes the design of photovoltaic solar plants, performing millions of design iterations to identify the optimal plant configuration based on specific project parameters (source: ratedpower.com). The platform generates over 300 pages of detailed documentation, completing tasks that would traditionally take about a month in just a few minutes.

Projects and Track Record

Since its founding, RatedPower has optimized over 20,000 projects with a development capacity of 43 GW, and has simulated more than 700,000 designs, contributing to the mitigation of 12 million tons of CO2 (source: ratedpower.com). The company has worked with significant clients such as Iberdrola, Shell, and Engie, and has maintained technology partnerships with Google, leveraging its infrastructure to optimize customer conversion rates and geospatial design capabilities.

Recent Developments

RatedPower was acquired by Enverus in 2022, expanding its reach within the energy technology ecosystem (source: ratedpower.com). Prior to the acquisition, the company raised €5.3 million in Series A funding, enabling significant growth and the acquisition of new key clients. This funding was allocated to international expansion, particularly in the U.S. market, and to product and feature development (source: ratedpower.com).

Working There

RatedPower maintains a focus on interdisciplinary collaboration and diversity, with approximately 50% of its workforce comprised of women and employees from 10 different nationalities (source: ratedpower.com). The company culture emphasizes innovation and sustainability, fostering a work environment that encourages creativity and efficiency. The company has prioritized talent acquisition and retention as a strategic focus, especially following its recent expansion (source: ratedpower.com).

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