CoreFiling recently joined XBRL US, the SunSpec Alliance, Wells Fargo and the US Department of Energy’s SunShot Initiative, to co-host the “Orange Button” webinar. This webinar focused on the role of XBRL in the US DoE’s Orange Button program – a solar energy development plan aimed at reducing solar energy costs (and growing the US solar industry).

Mark Goodhand, Head of Research at CoreFiling and a global authority on XBRL specifications, was on hand to give attendees expert advice about XBRL and its features. Solar energy is already big business in America, and a data-led approach is key to its growth; Mark showed that adopting XBRL will simplify and standardise solar data, aiding (and in some cases enabling) all aspects of the SunShot Initiative. The discussion of XBRL’s benefits covered everything from improved feasibility studies and financial projections, to better planning, smarter construction, and support for future research.

Chris Mills then put theory into practice, by taking the audience through a detailed demonstration of CoreFiling’s taxonomy development suite, Yeti.

The webinar was a real success, and gave the audience an exciting look at the bright future of solar development. Click here to watch the webinar on YouTube, or read a write-up on the XBRL US page. You can also get involved with solar energy by attending the InterSolar conference in July.