Suncast
Suncast is a Chilean AI-native SaaS company providing machine-learning-based solar and wind generation forecasting, soiling analytics, and asset management to utility-scale renewable energy operators across Chile and expanding into Spain, Colombia, Mexico, and Brazil.
- Company typePrivate
- Founded2017
- HeadquartersMacul, Chile
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Suncast does
Suncast is a Chilean AI software company that provides renewable energy generation forecasting and asset management services to utility-scale solar and wind power plant operators. Its core products — Solar Energy Forecasting, Wind Energy Forecasting, and Soiling Forecasting — use proprietary machine learning models trained on meteorological, market, and real-time operational data to generate hourly, daily, and 240-hour generation predictions with exceedance probabilities. The company's Nexor platform, launched in August 2025, integrates these forecasts with real-time data bridges to five international grid operators (CEN Chile, XM Colombia, CENACE Mexico, REE Spain, RTE France) and supports automated regulatory submission, unavailability event registration, and O&M scheduling. Suncast manages forecasting for approximately 4,976-5,214 MW of installed renewable capacity across 40 utility-scale power plants in Chile — covering more than 50% of Chile's wind market and roughly 20% of its combined solar and wind capacity — with demonstrated forecast error rates significantly below national averages.
Suncast operates a B2B enterprise SaaS model with multi-year, quote-based subscription contracts tailored to power plant capacity, number of sites, and regulatory scope. Customers are predominantly large international utilities and independent power producers, including ENGIE, Colbún, Atlas Renewable Energy, Statkraft, NovaSource, EDF Renewables, Generadora, and Reliable Nueva Energía. Go-to-market is enterprise field sales, supplemented by participation in industry events, government-backed trade missions (via ProChile, CORFO, ICEX), and accelerator programs (Fundación Chile, ChileGlobal Ventures, NREL IGF). The company is headquartered virtually in Santiago, Chile, with active international expansion into Spain, Colombia, Mexico, and Brazil. Additional revenue streams include predictive maintenance and the Suncast Sentinel remote monitoring module.
Suncast firmographics
Firmographics- Name
- Suncast
- Legal name
- Suncast
- Website
- https://suncast.cl
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Suncast is a Chilean AI-native SaaS company providing machine-learning-based solar and wind generation forecasting, soiling analytics, and asset management to utility-scale renewable energy operators across Chile and expanding into Spain, Colombia, Mexico, and Brazil.
- Ownership category
- akta.pro rank
Suncast industry classification
Industry- Product category
- Renewable Energy Forecasting Software
- NAICS
- Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring) (EUAMABAH)
- akta.pro secondary industry
- DER Monitoring, Telemetry & Communications (IEEE 2030.5, DNP3, SunSpec) (EUADALAD)
Keywords
Where Suncast is headquartered
LocationHeadquarters
- HQ city
- Macul
- HQ country
- Chile
- HQ region
- Latin America
Offices1 record
Markets served
Suncast business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Renewable Energy Forecasting Services: Subscription-based recurring revenue from providing AI-powered solar and wind energy forecasting services to utility-scale power plants. Services include hourly forecasts, daily forecasts, and 240-hour extended forecasts sent directly to grid operators.
- Predictive Maintenance Forecasting: Services providing predictive maintenance insights by integrating power plant unavailability events into forecasting models, helping operators optimize O&M scheduling.
- Software Platform (Nexor): Web-based platform providing comprehensive energy forecasting, market data integration, and real-time operational management for renewable energy assets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise Custom Pricing |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Suncast product offering
Product offeringCore offering
Suncast develops AI-powered forecasting software for utility-scale solar and wind energy power plants. Its core services include high-accuracy generation forecasts (hourly, daily, and 240-hour horizons) delivered via API to grid operators, plus soiling forecasts and remote monitoring through its Nexor platform. The company integrates meteorological, market, and real-time operational data to deliver automated, regulatory-compliant forecasts to power plant operators in Chile and Latin America.
Product overview
Suncast offers a suite of AI-powered renewable energy forecasting and optimization services. The core offering consists of Solar Energy Forecasting and Wind Energy Forecasting services that use machine learning models based on meteorological data to predict energy generation. The product portfolio includes Nexor (an integrated web platform launched in 2025 that combines meteorological, market, and real-time operational data with real-time data bridges to international grid operators), Soiling Forecasting (to optimize panel cleaning schedules), Predictive Maintenance services, and Suncast Sentinel (automated monitoring). The services are delivered primarily via API integration with regulatory bodies like Chile's Coordinador Eléctrico Nacional.
Differentiator
Problem solved
Functional benefit
Brands
- Nexor: Software developed 100% in Chile that integrates meteorological, market, and real-time operational data, offering accurate forecasts for renewable energy generation.
- Suncast Sentinel
Products and services
- Nexor
- Solar Energy Forecasting
- Wind Energy Forecasting
- Soiling Forecasting
- Suncast Sentinel
- Predictive Maintenance
Quantifiable outcome
- Solar forecast error reduced to 2.5% compared to national average of 5.5%
- +4 more outcomes
Companies that use Suncast
Customer profileNamed customers9 records
Segments2 records
Ideal customer profiles1 record
Suncast technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability5 records
Feature6 records
Suncast partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- ProChilecoreGovernment export promotion agency that selected Suncast for participation in international trade missions including Expo Dubai, GoGlobal program, and commercial missions to Colombia and Spain. Provides support for international market entry and expansion.
- CORFOcoreChilean economic development agency providing support for Suncast's participation in GoGlobal program and international expansion initiatives.
- ICEXcoreSpanish export and investment agency co-organizing the Spain Latam Scale-Up program with IDB Lab and Endeavor. Selected Suncast among 3,000 applicants to bring forecasting services to Spain.
- IDB LabcoreInnovation laboratory of the Inter-American Development Bank supporting Suncast's scale-up to Spain through the Spain Latam Scale-Up program.
- EndeavorcoreGlobal entrepreneurship organization co-organizing the Spain Latam Scale-Up program for high-impact startups.
- Paris&CominorParis-based innovation agency providing acceleration program for Suncast to explore French and European markets.
- INRIAminorFrench research institute specializing in AI that awarded Suncast the Trophée Startup and provided access to AI expertise for technology validation.
- Cámara Franco Chilena para el Comercio y la IndustriaminorFranco-Chilean Chamber of Commerce supporting Suncast's market entry to France as part of the Trophée Startup award program.
- OLADE (Latin American Energy Organization)minorRegional energy organization supporting Suncast's participation in X Week Energy event and Latin American energy transition initiatives.
- KIT (Karlsruher Institut für Technologie)minorGerman technical university where Suncast participated in Neuland Innovation Day, presenting to German startup ecosystem, investors, and large companies including Bosch, Siemens, and SICK.
- Universidad Santo TomásminorChilean university collaborating with Suncast to organize X Week Energy academic panel on innovation and AI in energy.
Scale indicators8 records
Recent moves10 records
Expansion highlights6 records
Suncast competitors and assessment
Company assessmentDirect peers
- Solargis: Solargis is a leading global provider of solar resource and PV performance forecasting software used by IPPs, developers, and grid operators — directly comparable to Suncast's solar forecasting service and accuracy-differentiated positioning.
- Vortex (part of DTN): Vortex provides wind and solar energy forecasting services for power producers and traders across Europe and the Americas, serving the same utility-scale forecasting use case that Suncast targets for Chilean and LATAM wind farms.
- Energy & Meteo Systems: Energy & Meteo Systems delivers specialized wind and solar power forecasting plus grid integration software to utilities and TSOs globally — a direct competitor in the same niche of utility-scale generation forecasting Suncast serves.
- Reuniwatt: Reuniwatt provides solar irradiance forecasting and sky-imaging solutions for solar plant operators, including grid-feed-in forecasting — overlapping with Suncast's solar forecasting and soiling-adjacent capabilities.
- DTN: DTN offers weather, climate, and renewable energy forecasting (including solar and wind generation forecasts) to operators and traders worldwide; comparable on the forecasting service layer though broader in scope than Suncast's narrow Chile-LATAM focus.
- Meteoblue: Meteoblue provides high-resolution weather and renewable energy forecasting for solar and wind farms, including customized site-level forecasts — comparable to Suncast's core forecasting-as-a-service model.
Broad incumbents
- IBM Environmental Intelligence Suite: IBM's Environmental Intelligence Suite (built on The Weather Company acquisition) provides renewable energy forecasting, weather risk, and sustainability analytics to large enterprises — competing with Suncast at the upper end of the same buyer base (e.g., ENGIE, EDF, Statkraft) but as part of a broader platform.
- Schneider Electric (EcoStruxure / Resource Advisor): Schneider Electric's resource advisory and renewable energy management offerings include forecasting and optimization for utility-scale renewables, addressing the same customer base as Suncast from a much broader industrial software portfolio.
- Vaisala: Vaisala produces weather measurement instruments and provides observational data feeds used in renewable energy forecasting — an upstream/adjacent incumbent that large utilities sometimes pair with or substitute for pure-play forecasters like Suncast.
Emerging players
- Open Climate Fix: Open Climate Fix is an AI-focused climate-tech startup developing satellite-based solar forecasting and nowcasting, pursuing the same accuracy-driven, ML-first approach to renewable forecasting that defines Suncast's offering.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Suncast social profiles
Digital presenceSuncast financial estimates
Financial estimateRevenue estimate
Valuation estimate
Suncast leadership team
Management profileNumber of profiles
Profiles4 records
Suncast funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Suncast M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Suncast
What does Suncast do?
Suncast develops AI-powered forecasting software for utility-scale solar and wind energy power plants. Its core services include high-accuracy generation forecasts (hourly, daily, and 240-hour horizons) delivered via API to grid operators, plus soiling forecasts and remote monitoring through its Nexor platform. The company integrates meteorological, market, and real-time operational data to deliver automated, regulatory-compliant forecasts to power plant operators in Chile and Latin America.
Is Suncast a public or private company?
Suncast is a private company. It is classified as venture growth investor backed and is currently operating.
When was Suncast founded?
Suncast was founded in 2017. It employs 11 to 50 people.
Where is Suncast based?
Suncast is headquartered in Macul, Chile, in the Latin America region.
How does Suncast make money?
Three revenue lines are on record. Renewable Energy Forecasting Services are the primary driver. The others are predictive Maintenance Forecasting and software Platform (Nexor).
Who are Suncast's main competitors?
Direct peers on record are Solargis, Vortex (part of DTN), Energy & Meteo Systems, Reuniwatt, DTN and Meteoblue. Broad incumbents are IBM Environmental Intelligence Suite, Schneider Electric (EcoStruxure / Resource Advisor) and Vaisala. Open Climate Fix is listed as an emerging player.
Does Suncast have an API?
Yes. Suncast offers an API for the submission of renewable energy generation forecasts to the Coordinador Eléctrico Nacional (CEN). The API enables automated and reliable delivery of real-time forecasts required by current regulations, including wind and solar energy forecasts with 12-hour, 48-hour, and 240-hour horizons. Forecasts must be submitted hourly with a 48-hour horizon, and daily with a 240-hour (10-day) horizon. The API channel on the Portal de Pronósticos serves as the primary data submission channel, with SFTP as a transitional backup. Developer documentation is at hub.suncast.cl.
What industry is Suncast in?
Suncast's product category is Renewable Energy Forecasting Software. Its primary akta.pro industry code is EUAMABAH, Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring), with a secondary code of EUADALAD, DER Monitoring, Telemetry & Communications (IEEE 2030.5, DNP3, SunSpec). Its NAICS code is 54151 and its SIC code is 7371.