Reuniwatt

Reuniwatt provides high-resolution observation and forecasting services for solar energy, wind power, and cloud cover, utilizing advanced technologies to enhance renewable energy management. Founded by Nicolas Schmutz, Reuniwatt specializes in innovative forecasting solutions for the renewable energy sector. The company is headquartered in France and has successfully raised EUR 0. 92 mn in funding as of December 2017, with a current valuation of EUR 4.

977 mn. Schmutz has a background in founding and managing renewable energy companies, contributing to the strategic direction of Reuniwatt. Reuniwatt specializes in high-resolution observation and forecasting services related to solar energy, wind power, and cloud cover assessment. The company's primary offerings include Sky InSight™, a thermal infrared imager designed for continuous all-sky observation, and SunSat™, a proprietary satellite estimation tool that processes geostationary satellite imagery.

These tools enable accurate retrieval of cloud cover and solar irradiance data at a kilometric resolution, essential for optimizing the performance of photovoltaic (PV) and concentrated solar power (CSP) plants. Reuniwatt's solutions are utilized globally, catering to a diverse client base that includes utility-scale solar project developers, energy traders, and research institutions across Europe, North America, and Asia. Additionally, products like InstaCast™ facilitate precise intra-hour solar production forecasting, enhancing operational efficiency for end users in the renewable energy sector. Reuniwatt generated revenue of EUR 2,786,767.

10 in 2023, through its advanced cloud observation and solar irradiance forecasting services, structured around B2B partnerships and direct sales to commercial clients. The company provides subscription-based access to its forecasting tools and satellite data services, allowing clients to utilize these resources for their specific energy management needs. Utility companies may subscribe to regular updates on solar irradiance data and cloud cover forecasts to optimize energy production and grid management. Additionally, flagship products such as DayCast and HourCast™ offer day-ahead and intra-day forecasts, respectively, which are critical for planning and decision-making in renewable energy operations.

Reuniwatt plans to enhance its product lineup by developing additional forecasting tools aimed at improving the accuracy of solar energy predictions. The company is also targeting expansion into Asia and North America within the next two years to broaden its market presence. Recent funding of EUR 0. 92 mn will be utilized to support these initiatives, including the development of new products and the establishment of partnerships in the targeted regions.