Locus Energy

Locus Energy, now operating under the AlsoEnergy brand after its acquisition, specializes in monitoring and optimization solutions for clean energy assets.

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Provides monitoring and optimization platforms for solar and clean energy assets.

Locus Energy, now operating under the AlsoEnergy brand after its acquisition, specializes in monitoring and optimization solutions for clean energy assets. Founded in the early 2000s, the company has evolved into a key player in the renewable energy sector, offering an edge-to-cloud platform that integrates hardware and software for solar and other clean energy systems. With over 200,000 sites monitored globally, representing 25+ GW of capacity across 50 countries, Locus Energy's technology is deployed by asset owners, EPCs, and field service providers.

The company's flagship product, PowerTrack, provides portfolio management with advanced analytics, claiming to reduce operating expenses by 3-5% and increase energy production by 1-5%. Recent financial disclosures from AlsoEnergy Holdings indicate a focus on scaling its platform, though specific revenue figures remain undisclosed. The company's acquisition by AlsoEnergy in 2021 marked a strategic consolidation in the renewable energy monitoring space, positioning it to compete with larger players like SolarEdge and Enphase.

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Who buys this

  • Utility-scale solar operators
  • Commercial & industrial energy asset owners
  • EPC firms managing renewable projects
  • Field service providers maintaining solar installations
  • Performance engineers analyzing energy systems

Strengths and what to watch

Strengths

  • Global reach with 200,000+ sites monitored across 50 countries
  • Vertically integrated edge-to-cloud platform combining hardware and software
  • Proven ROI claims of 3-5% OPEX reduction and 1-5% production gains

Watch for

  • Integration challenges post-acquisition by AlsoEnergy
  • Competition from larger players like SolarEdge and Enphase
  • Dependence on solar market growth which faces policy uncertainties

Key Information

Founded
2007
Headquarters
New York, New York

Frequently Asked Questions

What does Locus Energy do?

Locus Energy provides monitoring and optimization platforms for solar and clean energy assets. Acquired by AlsoEnergy in 2021, the company offers an edge-to-cloud platform integrating hardware and software, serving utility-scale operators, EPC firms, and field service providers globally.

What is Locus Energy's PowerTrack platform?

PowerTrack is Locus Energy's flagship portfolio management platform, offering advanced analytics for solar and clean energy systems. It claims to reduce operating expenses by 3-5% and increase energy production by 1-5%, supporting utility-scale operators and performance engineers globally.

How does Locus Energy's technology work?

Locus Energy's edge-to-cloud platform combines hardware and software for seamless solar and clean energy monitoring. It integrates data collection, analytics, and optimization tools, enabling asset owners and EPC firms to manage performance and reduce operational costs effectively.

Who uses Locus Energy's solutions?

Locus Energy's solutions are used by utility-scale solar operators, commercial & industrial energy asset owners, EPC firms, field service providers, and performance engineers. The platform monitors over 200,000 sites globally, representing 25+ GW of capacity across 50 countries.

What are the benefits of Locus Energy's platform?

Locus Energy's platform reduces operating expenses by 3-5% and increases energy production by 1-5%. Its vertically integrated edge-to-cloud technology provides comprehensive monitoring and optimization for solar and clean energy assets, delivering proven ROI for global customers.

How does Locus Energy compare to competitors?

Locus Energy competes with larger players like SolarEdge and Enphase by offering a vertically integrated edge-to-cloud platform. Post-acquisition by AlsoEnergy, it focuses on scaling its technology while addressing integration challenges and market uncertainties in the renewable energy sector.

Sources

  1. www.locusenergy.com — Product offerings and company capabilities
  2. www.sec.gov — Financial context post-acquisition
  3. home.alsoenergy.com — PowerTrack product details
  4. home.alsoenergy.com — Technology platform description