Sunday, April 13, 2008

FirstLook is that kind of company. Instead of digging tools, it sells detailed reports to new-energy entrepreneurs

What Company Is Offering:
FirstLook is that kind of company. Instead of digging tools, it sells detailed reports to new-energy entrepreneurs. Those reports show just how much wind or sunshine an area is likely to receive, based on years’ worth of meteorological data.

How It Works:
The company advertises its reports via a free interactive map, which uses Google Maps. Preliminary information from the map helps entrepreneurs determine whether a windmill or solar-panel installation at a chosen location would make good financial sense. Registered users simply log in and click a location on the interactive map. Immediately, they receive a brief run-down on the area’s potential. Wind reports, for example, show the area’s average wind speed at different heights, which correspond to the possible heights of a windmill tower. Solar maps give the average daily illumination the same spot receives at differing angles. That information on sunlight angles is critical, unless the project employs solar panels that track the sun’s movement across the sky.

Websites run by the Department of Energy and other government and environmental organizations already provide similar information, though maybe with a less easy-to-use interface. But energy entrepreneurs will need something far more detailed if they hope to convince bankers or investors to fund their projects. A simple mouse click takes them to FirstLook’s reports page, where they can buy a detailed report USD 1,000 and up.

More at: www.3tiergroup.com

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