Building a clean energy project is a multifaceted process that works best with a staged approach. It’s not as simple as choosing a property and hiring a company to install solar or battery systems there. Many of Station A’s customers own hundreds of properties across the entire country. Sustainability officers, asset managers, and procurement teams have to understand key factors before construction begins.
🤔 Knowing where to start
Some of those factors include evaluating building documentation and energy consumption data, navigating regulatory structures, and federal and state incentives, or understanding the emissions intensity of each property. In addition to that, once your team has selected a property, there’s a whole other process of determining which Provider and final proposal to select.
All of these factors can vary and contain complexities that can take time and effort to understand. In other words, determining where, when, and who should build your next clean energy project requires resources. Station A can help distill this all down.
🪜 A staged approach
If your company owns and manages hundreds of buildings, knowing where to start can be a daunting task. Station A’s Portfolio Evaluation tool uses AI to help assess and grade your entire building portfolio with just a simple csv upload.
You can sit back and watch it update in real-time with new policies, incentives, and electricity grid data that gives your company an overview of where you might want to focus your efforts first. Want to refine your properties with actual data for a more accurate grade? You can do that too.
Station A Portfolios offer the best way to evaluate your clean energy options.
If your team has identified a site - or group of sites you want to double-click into and analyze further, Station A’s team can run a Feasibility Study. A Feasibility Study allows our team to run a preliminary design and financial model using technology from our partners at Energy Toolbase.
Our team of clean energy advisors can unpack the financial and technical metrics you need to make a go/no-go decision on your projects and deliver those in a clear and concise report. This is great for buyers of clean energy who want a project to go to market but need to ensure the project can meet their financial goals.
Station A Feasibility Studies remove surprises and build a bulletproof business case.
🚀 The RFQ can help address scale
If your focus isn’t necessarily on finding out if a single project can meet certain financial criteria, but more on finding Providers to be able to serve a collection of projects all at once, running a Request for Qualifications (RFQ) can be an efficient step towards an RFP. The RFQ allows our buyers to use Station A’s marketplace to collect indicative pricing to help you move forward on a project.
The RFQ helps Buyers in a few key areas:
- Provides indicative quotes. A company can obtain high-level, indicative bids for average system sizes across a group of project sites. This can give companies a good idea of how much budget CapEx or OpEx budget could be allocated if those projects move to an RFP and eventually a contract.
- Identifies qualified Providers. Oftentimes, Buyers aren’t sure what type of interest they’ll receive from Providers for a project. The RFQ allows Providers to put up their hand and express that interest, offering light proposals that highlight their experience in a given market and which projects they’re interested in if not all.
- Streamlines a path to the RFP. Having a sense of who you could receive proposals from, what the upfront cost and the return on investment for a clean energy project could be helps alleviate the unknowns of an RFP. Furthermore, Buyers can choose to move forward with Providers that participated in the RFQ to streamline their decision-making process in an RFP.
🚦 All roads lead to the RFP
At the end of the day, Feasibility Studies and RFQs can help your team hone in on which projects to go to the marketplace with. Running a Request for Proposals is the final step in selecting a clean energy Provider to offer you a fixed and firm proposal to build your desired clean energy project.
Station A’s RFP process makes it incredibly easy to understand the experience and qualifications of bidding Providers, compare their equipment and designs, and obtain a granular view of what’s included in their price.
Moving from a first round of proposals to a shortlist round of a few Providers with compelling offers, coupled with the industry expertise of Station A’s clean energy advisors, makes it easy to find the right company to partner with. We can take thousands of data points and synthesize it into an apples-to-apples approach so your team doesn’t have to.
👋 Station A can help
Not sure where to start on your clean energy journey? Reach out to Station A’s team of clean energy advisors and we can help guide you along the way. Just don’t wait!