Illuminated: Expanding VNEM & unlocking EV Charging nationwide
It's been an exciting month at Lumen! We’ve rolled out two new features to our web app: EV charger optimization for entire portfolios and VNEM deployment in CA. From attending key industry conferences to launching these projects, we’re pushing forward to deliver scalable solutions.
Looking ahead, we’re focused on unlocking GGRF funding to help our customers bring affordable solar to properties across the U.S. If you're interested in partnering on this initiative, let’s explore how we can collaborate to drive the clean energy transition together.
Achieving net-zero carbon objectives requires deploying clean energy solutions at scale across all property types. Lumen Energy’s ability to quickly and profitably deliver onsite clean energy systems to institutional investment portfolios is a major breakthrough, turning net zero aspirations into achievable reality.
See you at:
ULI Fall October 28-30 in Las Vegas
Lumen is excited to attend the ULI Fall Meeting (register here) in Las Vegas this year. CEO, Peter Light will be participating in a panel discussion on ESG Innovation in Real Estate alongside Avalon Bay and Clarion Partners. Join ULI Greenprint’s Innovation Partners along with real estate leaders as they talk through commercially ready innovations that are advancing ESG and adding value to portfolios.
October 29, from 9am-10am PT
Saw you at:
Last month, Lumen Energy attended RE+, the largest clean energy conference in North America. The team met with building owners, EPCs, hardware vendors, software partners and other industry players to ensure that our design standards, data models and suite of offerings continue to be on the cutting edge for customers. We were energized by the continued pace of hardware innovation driving increased clean power productivity and decreased costs. In the weeks since, our team has implemented learnings into our product, including insights on new tracker technologies, new utility data sets and customer tooling needs.
It was great seeing so many of our industry partners during NYC’s biggest Climate Week! We were especially encouraged by the focus on decarbonizing the built environment. With 80% of today’s buildings expected to still be in use by 2050 (SBTI), the transition to a just and sustainable energy system will require transformative changes in how we manage the built environment. We're excited by the momentum around GGRF and are actively exploring ways to leverage these funds to support your properties in advancing the clean energy transition.
Product updates:
Automated Roof Evaluations
Our software identifies suitable rooftops and estimates total space available for solar by combining satellite images, AI-based segmentation models, and detailed data like land parcels, building layouts, and LiDAR roof maps. This allows us to identify the financially optimal PV size based on space constraints without any manual design.
New offerings; EV charging and CA VNEM
We’ve released two new features to the Lumen WebApp for multifamily properties: EV charger optimization and Virtual Net Energy Metering (VNEM) in CA. We’ve also introduced a new layout to help streamline the qualification process.
What we're reading:
Solar market insight report Q2 2024. Read more at SEIA.
Number of companies with 1.5°C-aligned climate transition plans jumps 44% in a year: CDP. Read more at ESG Today.
