Borrego Solar Launches Platform for Solar, Battery Storage Procurement

AES Corporation Acquires USA's Largest Permitted Solar Plus Storage Project of 2 GW

USA-based Borrego Solar has launched a solar and battery storage procurement marketplace and optimization solution called ‘Anza’. The proprietary technology engine behind the Anza digital marketplace is a cost and performance modeling software that identifies the most optimized solar module and storage components based on customer-provided project details. Borrego Solar is a leading EPC and O&M provider for large-scale solar and energy storage projects in the USA.

Borrego said that through Anza, customers purchase modules and battery equipment, leveraging Borrego’s supplier relationships and favorable pricing, warranty and delivery terms.

Borrego also held that Anza’s new technology provides modeling and analytics based on customer-submitted project details to deliver the financially attractive equipment options for developers, independent power producers (IPPs), and engineering, procurement and construction (EPC) companies. Also, pulling from current equipment availability and pricing from qualified suppliers, Anza provides up-to-date net present value (NPV) ranking reports based on these factors, project inputs, and equipment performance.

Aaron Hall, President of Borrego and Anza, said, “Instead of looking for and locking in the costs of modules and storage equipment long before they need the items, Anza customers can now see how much any module or battery is worth to a project in real-time when they need it. Anza simplifies the procurement process, saving time and money and enabling buyers to recognize better project returns.”

The platform connects suppliers of solar and energy storage equipment with buyers to find project-specific solutions. Solar module and energy storage suppliers have agreements with Anza to ensure a timely delivery of products to the customer, minimizing shipping and project delays caused by today’s volatile supply chain. Furthering efficiency, the procurement process, logistics management, freight, warehousing and delivery are all managed within Anza.

A Platform to Reckon With

Borrego also said that to use Anza, customers submit project-specific information to receive a long list of vetted solar modules or energy storage equipment ranked by net present value based on their custom inputs. Customers always have actionable, high-value options that are updated in real-time.

Mike Hall, CEO of Borrego and Anza, stated, “With our pre-vetted equipment, pre-negotiated contract terms, and buying power at the gigawatt-scale annually, we’ve seen customers lock in very attractive deals quickly. We save them substantial amounts of time and we’ve seen boosts in their project values to the tune of hundreds of thousands of dollars per project using Anza.”

Anza already has significant market traction with nearly 250 projects and 8 GW in the application. In addition, customers have purchased 1.7 GW of solar modules and energy storage equipment, with single orders as large as 350 MW. The company estimates that 90% of solar modules sold in the U.S. and key storage suppliers are already part of the Anza solution.