OnSwitch and Radial Power Collaborate on 100 MW Solar Projects for Businesses

OnSwitch and Radial Power Form a Groundbreaking Partnership

In a significant leap towards advancing sustainable energy solutions for corporate entities, OnSwitch, Inc., a prominent player in software-driven solar project development, has teamed up with Radial Power, well-known for their onsite power solutions for industrial real estate owners. This innovative partnership is set to develop 100 megawatts (MW) of solar energy capacity over the next two years, utilizing roughly 10 million square feet of rooftop space.

The Partnership's Objectives

This collaboration aims to explore a multitude of solar projects, many of which will feature additional components such as energy storage systems, electric vehicle (EV) charging stations, and community solar initiatives. The groundwork for the initial project sites has already commenced, with Radial Power taking the lead on ownership and operation. By joining forces, OnSwitch enhances its financial and developmental capabilities within the solar energy sector, paving the way for a more sustainable future.

Mark Bronez, CEO of OnSwitch, expressed enthusiasm about the collaboration, stating, "We are excited to partner with Radial, especially as the demand for solar energy in the commercial and industrial sector continues to grow. This partnership brings the capital and resources we need to scale rapidly and meet that demand."

John Bates, CEO of Radial Power, shared similar sentiments, noting, "This partnership with OnSwitch allows us to leverage their expertise and extensive relationships with major building owners across the U.S., providing an opportunity to accelerate the deployment of cost-effective and sustainable energy solutions."

Revolutionary Technology in Solar Energy

The Radial Power and OnSwitch venture focuses on simplifying the process for corporate customers who wish to assess and purchase solar electricity. Through OnSwitch’s proprietary AI-powered software, SkyQuotes™, the initiative promises lower costs and eliminates the need for upfront investments in solar technology. This innovative approach presents a lucrative opportunity for organizations to significantly decrease their energy expenses across multiple properties.

OnSwitch, headquartered in San Francisco, CA, is known for its effective use of technology in the commercial and industrial solar energy sector. The company utilizes its patented SkyQuotes™ software to streamline the solar project evaluation process for corporate clients. With Over 2,000 MW successfully developed across more than 4,000 projects since its inception in 1999, OnSwitch has a proven track record in the industry. Their SkyPlanner™ online tool further aids multi-building corporate clients by enabling them to compare and prioritize evaluations effectively.

Similarly, Radial Power, based in Houston, Texas, specializes in the development, ownership, and operation of clean energy assets tailored for extensive real estate portfolios. Backed by energy investment affiliates of energyRe and Starwood Energy, Radial Power embraces innovation in the application of distributed clean energy systems across commercial landscapes.

Looking Ahead

The collaboration between OnSwitch and Radial Power highlights the increasing significance of solar energy within corporate frameworks, as organizations strive for sustainability while managing operational costs. The integration of advanced technologies and strategic partnerships in this sector continues to shape the renewable energy landscape positively.

As the demand for cleaner energy sources rises, partnerships like this are not only beneficial but essential for the transition towards a more sustainable and cost-efficient energy future. Together, OnSwitch and Radial Power are not just developing solar projects; they are redefining the relationship that corporations have with energy utilization and sustainability, setting a strong precedent for future collaborations in the renewable energy sector.