First Solar sells predictive modelling tool to digital start-up Terabase

Facebook
Twitter
LinkedIn
Reddit
Email
Terabase is developing a digital, automation and smart device system to drive down solar power prices. Image: Terabase

US ‘Solar Module Super League’ (SMSL) member First Solar has sold a predictive energy modelling tool called PlantPredict to solar digital solutions start-up Terabase Energy for an undisclosed amount.

PlantPredict is a predictive solar energy modelling tool that First Solar developed for utility-scale PV systems. It reduces energy delivery uncertainty by generating field-verified energy predictions and has been used by thousands of global users over the past decade. The system has also been used in the financial modelling of solar power plants.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Meanwhile, Terabase is developing a digital, automation, and smart device system to drive down solar power prices below $0.01/kWh by 2025. It is currently used by more than 400 engineering, procurement, and construction (EPC) firms, developers, and independent power producers (IPPs) in 28 countries.

“The future of performance modelling is tighter integration with software-based design, cost estimating and financial modelling and it’s important for Terabase to have its own cloud-based performance modelling solution,” said Matt Campbell, Terabase CEO.

The transaction is expected to take place in October this year, when the PlantPredict team will join Terabase, which has offices in California, US and Melbourne, Australia.

Earlier this year, Terabase acquired operational technology provider REPlantSolutions.

Read Next

August 6, 2025
The Indian Ministry of New and Renewable Energy (MNRE) has published the approved list of models and manufacturers (ALMM) for solar cells, which contains 13GW of annual nameplate capacity across six manufacturers.
August 1, 2025
US solar module manufacturer First Solar saw sales and net profits increase in Q2 2025, as it forecasts a strong performance under the Trump administration’s industrial and trade policy changes.
July 31, 2025
First Solar has completed a deal to sell US$391 million in tax credits, bringing its total tax credit sales this year to over US$1.5 billion.
July 10, 2025
UbiQD has signed a supply agreement with First Solar to supply its fluorescent quantum dot technology for use in the latter’s PV panels.
Premium
June 30, 2025
Solargis CEO Marcel Suri explores three areas where new standards could help underpin greater efficiency, accuracy and market resilience.
June 25, 2025
First Solar has sold US$311.8 million in tax credits to “a leading financial institution” under the rules set out in the IRA.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines