PLATFORM for Product Launch
- Pecan Street Inc., Austin, TX (United States)
Pecan Street Inc. (PSI) and its partners set out in 2017 to validate the PLATFORM for Product Launch, a new model for improving the effectiveness of investments in clean energy technologies and accelerating market entry of disruptive technologies. In partnership with a newly formed Innovation Advisory Council, PSI recruited fourteen companies with new hardware-based technologies that enable or create clean energy opportunities. Pecan Street carried out product evaluations and conducted market research with stakeholders and target customers to develop recommendations on product optimization opportunities for all companies, and created third party performance evaluation reports that include environmental metrics, such as water and energy savings potential, to assist in creating investment confidence and to unlock additional sources of funding, such as impact investments. Pecan Street set-up the product testing environment, performed small-batch field testing, and provided a verified third-party performance report on the product of twelve companies. PSI Street and its partners leveraged the performance evaluations and insights from the newly formed PRI toolkit to raise over $1.5M across five companies, and garner interest for private sector adoption of the PLATFORM for Product Launch.
- Research Organization:
- Pecan Street Inc., Austin, TX (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Solar Energy Technologies Office
- Contributing Organization:
- Research Bridge Partners
- DOE Contract Number:
- EE0008237
- OSTI ID:
- 1671109
- Report Number(s):
- DOE-PECANSTREET-0008237
- Country of Publication:
- United States
- Language:
- English
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