Leaptran wins SBIR funding, prizes for its solar energy forecasting
Leaptran has won significant funding for its innovative software that helps utilities manage and integrate renewable energy sources more efficiently. The San Antonio startup won a Phase II Small Business Innovation Research (SBIR) grant in September for $650,000 from the U.S. Department of Agriculture (USDA) and the National Institute of Food and Agriculture (NIFA) to develop its solar energy forecasting technology for rural and community use. As renewable energy sources like solar and wind power become increasingly prevalent in power generation, net load forecasting becomes more challenging. Net load forecasting refers to predicting the electricity demand after accounting for the electricity generated by renewable sources. Electric utilities use this data for long-term planning a...




