IBM to Build a Solution to Support Solar Developers and Climate Entrepreneurs

(Credit: Pixabay)

by | Mar 29, 2021

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(Credit: Pixabay)

IBM and Raise Green, an impact investment marketplace for clean energy projects, announced their collaboration to empower any entrepreneur to start their own community solar energy businesses. Today marks the rollout of the latest Beta version of the Originator Engine, following the initial launch announced last year.

To help address the growing urgency of climate change, Raise Green came to IBM Global Business Services (GBS) with a need that the parties developed into the Originator Engine – a groundbreaking digital tool that customers, investors, and ecosystem partners can leverage to create, finance, build, and run new solar businesses.

Raise Green engaged IBM GBS to help build a digital experience that would empower climate entrepreneurs to start and finance their businesses and local climate projects by removing obstacles and equipping them with tools and resources. A team of IBM design and technology specialists worked with Raise Green to co-create, develop and deploy a proof-of-concept for the Originator Engine in just eight weeks through the IBM Garage – IBM’s approach to fast-tracking innovation at scale, to help transform organizations from the inside out. The Originator Engine uses Red Hat OpenShift and is deployed on IBM Cloud for all of Raise Green’s services.

The Originator Engine combines multiple database standards, allows companies to create filings for the Securities and Exchange Commission (SEC), and offers investment opportunities through the Raise Green Investor Marketplace. The Originator Engine is designed to automate the process of creating and completing legal and financial documents by taking thousands of pages and converting them into streamlined and easy to use templates.

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