Problem

Paces addresses the bottleneck in renewable-energy and power-infrastructure development: traditional project workflows are sequential, manual, and siloed, so teams can spend substantial time and capital on sites that later fail because of grid, environmental, zoning, permitting, or interconnection constraints. A single diligence error or missed requirement can delay a project by months and cost millions in stranded capital. The killer use case is early-stage site selection and diligence: identifying viable parcels, matching them with actual power capacity and infrastructure, and eliminating weak opportunities before developers commit to land, consultants, and development capital.

Product / Service

Paces provides an AI-powered development platform combining proprietary energy and geospatial data, workflow software, an autonomous AI Agent, modular diligence reports, and expert services. Its tools include Project Search and Permitting Predictor, while the Agent can execute market selection, siting, ranking, diligence, interconnection, and permit-submission workflows against a developer’s criteria. Outputs are grounded in industry-specific data and reviewed by power, permitting, and environmental specialists.

The benefit is a unified, parallelized workflow instead of disconnected tools and sequential handoffs. Paces says its system can condense parts of site selection and diligence from months to minutes, help teams evaluate five times as many opportunities, halve the path to shovel-ready projects, and reach power up to three times faster.

Market

Paces competes in the vertical energy-infrastructure-development software market, spanning renewable-energy siting, GIS and data intelligence, permitting, interconnection, and project diligence. Its customers include renewable developers, utilities, data-center developers, industrial-load teams, and other organizations that need to secure viable sites and power. Adjacent competitors include Sitetracker, which focuses on renewable project-management workflows, and Quorum Software’s On Demand Land, which combines renewable land management, GIS mapping, agreement management, and project monitoring; Paces is differentiated by combining site selection and automated early-stage diligence with later-stage expert services.

Paces is a commercial company rather than a pre-revenue concept: it announced an $11 million Series A in July 2024, lists EDF Renewables, AES, and Third Pillar Solar among its clients, and said in May 2026 that its Agent had already been deployed on more than 3.2 GW of project pipeline. Its 2026 case studies report that New Energy Equity operates across 16 states and has developed more than 600 MW, while another workflow reduced lead generation from eight hours to 80 minutes and saved $175,000; public revenue figures were not disclosed in the available sources.