#What is the value of ul in homer pro software

Everyone at UL shares a passion to make the world a safer place. We empower trust by enabling the safe adoption of innovative new products and technologies. UL helps create a better world by applying science to solve safety, security and sustainability challenges. Terms of the acquisition were not disclosed. The transaction closed on December 16, 2019. вЂќ He continued, вЂњLike UL, our primary focus is maintaining a high level of service to our existing clients while providing them additional services and expertise to increase their assetsвЂ™ value.вЂќ вЂњULвЂ™s footprint will enable us to expand rapidly into global markets that have demand. вЂњWe are excited to join forces with UL to offer expanded services in the renewable energy market,вЂќ said HOMER Energy CEO Dr. HOMER Energy employees will join ULвЂ™s existing Energy and Power Technologies division. вЂњBy combining our expertise in product testing certification and HOMER EnergyвЂ™s expertise in system design capabilities, we will help customers along the microgrids value chain realize more value and reinforce ULвЂ™s mission to make the world a safer place.вЂ™вЂ™ вЂњThe distributed energy market is a fast-growing segment of the renewable power industry,вЂќ said Jeff Smidt, vice president and general manager, ULвЂ™s Energy and Power Technologies division.

#What is the value of ul in homer pro software

HOMER Energy software set the global standard for decision making concerning the optimal mix of resources, system configuration, and capital and operating costs of microgrids. HOMER Energy is a privately-owned company that provides training, advisory and analytic services, and community tools to industry, government, researchers, and enthusiasts in the energy industry. The acquisition combines ULвЂ™s experience and recognized thought leadership in solar, wind and battery technology with HOMER EnergyвЂ™s system design capabilities and distributed energy project database enabling UL to expand services across the renewable energy value chain. вЂ“ DecemвЂ“ UL, a global safety science leader, announced the acquisition of Boulder, Colorado-based HOMER Energy, the world leader in modeling and optimization software for microgrids. Material Sourcing and Technical Insights.ESG and Sustainability Management Software.Lighting Safety Testing and Certification.Residential and Commercial Air Conditioning.Information and Communications Technology.Architecture, Engineering and Construction.