New York City has big plans to make a name for itself in the sustainable energy sector: It wants to become a solar energy hub and export the solar market analysis tools it is developing throughout the world. The project is a collaborative effort between IBM and City University of New York’s CUNY Ventures, a university Economic Development organization. The primary goal is to support solar adoption by coming up with the capability to analyze and evaluate key solar market indicators that can lead to more cost-competitive solar systems development.
The joint effort is an element of ‘Solar Market Analytics, Roadmapping and Tracking NY’ (SMART NY), an innovative project partially supported by DOE’s Rooftop Solar Challenge. The Solar Challenge is part of a DOE initiative to make solar cost-competitive with other energy sources by the end of the decade.