8minute Solar Energy extends its services beyond the development of photovoltaic power generation to clean energy products and other zero emission products.To reflect its expanding reach in the renewable energy sector, 8minute changed its name to Avantas.
“We built 8minute Solar Energy to achieve a central goal in the fight against climate change: to make renewable energy cheaper and more reliable than fossil fuels. Now, with over a decade of experience and more than that, we are a category-defining company on track to become one of the first pure clean energy majors. And today’s announcement introducing Avantus is a acknowledgment of that,” said Tom Buttgenbach, CEO and founder of Avantus. “At Avantas, we have the scale, track record and expertise to transform the country’s energy generation into the same networked and responsive digital tools that power the rest of the world. We do this by continuing to develop our industry-leading pipeline while creating advanced technologies that take clean energy to the next level: smarter, cheaper, and smarter than ever before. It’s faster and more reliable.”
The company uses proprietary technology and design optimization tools to bring power plants online instantly, react to power outages in milliseconds to stabilize the grid, and replace renewable energy with fossil fuels. We make it trustworthy. Avantus claims that the company’s smart power plants have 99% more availability than gas-fired plants.
“Energy systems must evolve with the complex, data-driven world we live in,” said Kip Larson, CTO of Avantus. “Therefore, Avantus has created a new ecosystem for renewable energy generation and storage that goes beyond traditional simple designs. We create targeted and optimized system architectures, power plant designs, and machine learning-powered operational systems to meet the increasingly complex energy needs of our customers.”
Avantas secures $450 million in funding over the past year to execute on its differentiated growth strategy, backed by EIG, a leading institutional investor in the global energy and infrastructure sector Did.
Avantus COO Stephanie Perry said: “A growing development pipeline of more than 70 utility-scale projects will provide low-cost, zero-emission energy to more than 20 million Americans. It plays a pivotal role in helping us achieve that.”
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