Locus Energy Recognized as the #1 Independent Solar Monitoring Provider for US Market (in 2012 site count) by GTM Research

Jul 08, 2013, 10:30 ET from Locus Energy

HOBOKEN, N.J., July 8, 2013 /PRNewswire/ -- Locus Energy, a leading provider of solar monitoring and analytics software, was recognized as the leading independent solar monitoring provider for key US market segments by a report jointly released by GTM Research and Solichamba Consulting. The report covers the global PV monitoring market, which includes power electronics suppliers, independent monitoring vendors, and downstream solar firms that provide software and hardware to manage a PV system's operations data, client interface and standards compliance among many other functions.

Entitled, "Global PV Monitoring: Technologies, Markets and Leading Players, 2013-2017", the report includes global and regional market shares by company and market share by segment. It also includes demand projections through 2017 by market segment and region. The report covers all PV installations newly monitored in 2012, both in aggregated megawatts (MW) capacity and in quantity of sites) and recognizes Locus Energy as the:

  • #1 independent monitoring provider for the U.S. PV market (in site count)
  • #1 independent monitoring provider for the U.S. residential segment (in site and MW count)
  • #1 (tied) independent monitoring provider for the U.S. small commercial segment (in MW count)
  • #2 independent monitoring provider for the U.S. large commercial segment (in site count)

Since the end of 2012, the Locus Energy monitoring platform has continued to grow rapidly, recently surpassing 20,000 systems under management. "This milestone is a testament to the hard work of our team and collaborative efforts with our customers in building a robust and scalable data platform as well as cutting-edge analytic and visualization tools", said Michael Herzig, CEO at Locus Energy. "Our goal is to be the leading provider of solar performance analytics.  This first requires a deep customer and system portfolio, as well as a platform to deliver actionable insights from the data. Having achieved these foundational milestones, we'll be introducing a suite of new products and services over the coming months aimed at helping fleet operators drive down O&M costs, and allowing operators and investors alike to assess and maximize the value of installed assets."

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About Locus Energy

Locus Energy develops web-based asset management software for renewable energy systems.  We provide monitoring, analytics and data services for deployments of solar photovoltaic technology. By leveraging Locus' products, renewable finance companies and integrators can drive down the cost and complexity of energy monitoring while making it much easier to maintain and service an installed client base. Founded in 2007, Locus has offices in New Jersey and San Francisco, and monitors over 20,000 PV sites worldwide.

SOURCE Locus Energy