What AlsoEnergy does

AlsoEnergy, founded in 2007 and headquartered in Boulder/Denver, Colorado, is a wholly-owned subsidiary of Stem, Inc. (NYSE: STEM) following Stem's 2022 acquisition. The company provides an edge-to-cloud clean energy portfolio optimization platform centered on its flagship PowerTrack cloud application (now hosted on Stem's Athena platform) and a vertically-integrated suite of edge hardware including the PowerLogger 1000 data logger, PowerManager and Power Plant Controller (PPC) utility-grade controllers, PowerTrack SCADA built on Ignition, MET stations and weather sensors, revenue-grade meters, and pre-configured C&I bundles distributed via WESCO. The technology stack supports 200,000+ sites and 25+ GW of monitored clean energy capacity across 50+ countries, with 9/10 top U.S. community solar asset owners and 13/15 top C&I players standardized on the platform.

The company generates revenue through three streams: multi-year software subscriptions (typically 5-year PowerTrack subscriptions bundled with hardware), hardware sales of data loggers, controllers, sensors, and meters assembled at an ETL-listed facility near Boulder, and professional services including SCADA design, commissioning, SupporTrack 24/7 support, and training. Go-to-market is hybrid: enterprise direct sales for utility-scale projects, channel distribution through WESCO for C&I, and regional direct sales operations in EMEA (Berlin) and Japan. Customers span utility-scale developers and asset owners, C&I and community solar operators, EPCs, O&M providers, control centers, performance engineers, and corporate ESG programs. The platform is ranked #1 by Guidehouse Insights for solar and storage monitoring and control, holds NERC/CIP and GDPR certifications, and integrates with third-party CMMS, BI, and SCADA systems via REST API, OPC, DNP3, and Modbus.

The company's business model is anchored by long-cycle, multi-year contracts tied to installed hardware, creating a high-renewal-rate base. Post-acquisition, AlsoEnergy is positioned as Stem's solar monitoring and control arm within an integrated solar+storage+EV offering, with PowerTrack feeding data into Stem's Athena AI-driven optimization platform. AlsoEnergy has historically expanded both organically and through M&A, including the 2013 acquisition of DECK Monitoring and the 2018 acquisitions of Locus Energy, Draker, and skytron.

Name

AlsoEnergy

Legal name

AlsoEnergy, Inc.

Website

https://home.alsoenergy.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

251–500 employees

Short description

AlsoEnergy provides edge-to-cloud monitoring, control, and optimization software and hardware for solar PV and storage portfolios. A Stem, Inc. subsidiary, it serves utilities, C&I asset owners, EPCs, and O&M providers across 50+ countries with 25+ GW under management.

Ownership category

akta.pro rank

Product category

Clean Energy Monitoring and Control Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Microgrid O&M, Monitoring & Asset Management Services (EUAFAJAJ)

akta.pro secondary industries

Grid Data & Analytics Enablement (MDM, Data Integration, Hosting) (EUAEANAI), Customer Grid-Edge Enablement Services (HEMS/DR Device Integration, VPP Enablement) (EUAEANAL), DER & Microgrid Interconnection / Grid Edge Integration Services (EUAEANAF)

Keywords

• Solar PV monitoring
• Energy asset management
• Power plant controllers
• SCADA energy systems
• Renewable energy software

Headquarters

HQ city

Boulder

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Subscriptions: SaaS-based monitoring and portfolio management through PowerTrack application, typically bundled with hardware as 5-year subscriptions. Revenue generated through recurring subscription fees for cloud access, analytics, and platform features.
2. Hardware Sales: Sale of edge monitoring hardware including data loggers (PowerLogger 1000), revenue-grade meters, weather stations, sensors, cell modems, ethernet switches, and power supplies. Pre-configured and assembled in ETL-listed facility near Boulder, Colorado.
3. Professional Services: SCADA and monitoring system design, project management, commissioning support, remote and onsite services, engineering support, and dedicated account management. Includes SupporTrack ongoing support services.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

AlsoEnergy provides a complete edge-to-cloud platform for monitoring, controlling, and managing solar PV and solar plus storage assets. The offering combines the cloud-based PowerTrack portfolio management application with a vertically-integrated suite of field hardware including data loggers, SCADA systems, power plant controllers, weather stations, and revenue-grade meters. The platform is sold to utilities, C&I asset owners, EPCs, and aggregated residential operators via enterprise direct sales and distribution partners, with recurring software subscriptions bundled to hardware.

Product overview

AlsoEnergy provides an edge-to-cloud clean energy portfolio optimization platform consisting of the flagship PowerTrack cloud application hosted on Stem's Athena platform, paired with a comprehensive suite of edge solutions including data loggers (PowerLogger 1000), power plant controllers (PowerManager, Power Plant Controller), SCADA systems (PowerTrack SCADA), and monitoring hardware (PowerLight Commercial Solution, PowerLogger Commercial Solution). The platform integrates with third-party CMMS and BI applications via REST API, supports industry-standard protocols (OPC, DNP3, Modbus), and offers professional services for commissioning, support (SupporTrack), and training. Solutions span utility, commercial & industrial, and aggregated residential market segments, with bundled offerings for solar-plus-storage and EV charging through Stem partnerships.

Differentiator

Problem solved

Functional benefit

Brands

• PowerTrack: AlsoEnergy's flagship cloud-based application for clean energy portfolio management and optimization, now running on Stem's Athena platform. Provides monitoring, control, and analytics for solar and storage assets.
• SupporTrack
• PowerManager

Products and services

• PowerTrack AlsoEnergy's flagship cloud-based application for clean energy portfolio management, monitoring, optimization, and control. Provides diagnostics, event management, custom reporting, hardware configuration, and integration with 3rd-party CMMS and BI applications across utility, C&I, and aggregated residential sectors. Hosted on Stem's Athena platform.
• PowerTrack SCADA Supervisory Control and Data Acquisition solution built on the Ignition platform. Provides real-time monitoring, control, and analysis of all clean energy equipment with tiered polling rates, built-in OPC-UA, and SQL database connectivity.
• PowerManager (Power Plant Controllers) Power plant controller solutions including PowerManager 2000 and PowerManager Commercial for basic control capabilities, plus PowerManager Advanced SCADA server for integrated data collection and closed-loop controls.
• Power Plant Controller (PPC) Utility-grade power plant controller with an extensive control library for meeting complex interconnection and project requirements. Provides power supervision and control at the meter or interconnection point, with built-in grid stability, PPA support, and automated agency reporting. Certified by the Polish Power Transmission and Distribution system.
• PowerLogger 1000 AlsoEnergy data logger included in C&I monitoring solutions, designed for remote monitoring and troubleshooting. Integrates power supply, cellular modem, meter, network switch, and RGM in a single enclosure with an interactive LCD touchscreen and local data storage.
• PowerLight Commercial Solution 400 (PLCS-400-CM) Entry-level C&I monitoring bundle including data logger, energy meter, weather station (silicon-cell pyranometer and module temperature sensor), 5-port ethernet switch, and 4G LTE cell modem, coupled with a 5-year PowerTrack subscription.
• PowerLogger Commercial Solution 600 (PLCS-600-CM) C&I monitoring bundle available in Base, Plus, and Pro variants. Base includes data logger, energy meter, irradiance reference cell, and module temperature sensor; Plus adds wind speed and ambient temperature sensors; Pro adds a Class C pyranometer. All variants include a 5-year PowerTrack subscription.
• MET Stations and Weather Sensors C&I and utility-grade meteorological stations with weather sensors including pyranometers, temperature and humidity sensors, wind and barometric pressure sensors, module temperature sensors, and soiling sensors, used for performance monitoring and expected energy calculations.
• Revenue Grade Meters Revenue-grade metering solutions integrated into AlsoEnergy's monitoring hardware suite for accurate energy measurement and financial reporting.
• Stem Bundles (solar + storage + EV) Integrated solutions combining solar, storage, and EV charging available through Stem distributors as standalone storage, solar plus storage, storage and EV charging, and solar plus storage with EV charging.
• SupporTrack Ongoing technical support throughout asset lifetime including 24/7 support, priority access for onsite technicians, and fast incorporation of pre-existing assets.
• Professional Services Expert services in design, engineering, commissioning, and operations including SCADA and monitoring system design, project management, utility coordination, remote and onsite commissioning, and asset onboarding support.
• Training and KnowledgeBase Training program including unlimited free access to instructional materials, technical documentation, webinars, on-demand video training, and live one-on-one training sessions tailored to team needs.

Quantifiable outcome

• 3-5% reduction in operating expenses through smarter O&M
• +5 more outcomes

Named customers17 records

Segments10 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability5 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and strategic.

• EXTORcoreChannel Partner/ Reseller/ Distributor · 10 October 2022Hungarian EPC provider selected AlsoEnergy's monitoring and control solutions for 110 MW of utility solar projects in Hungary. AlsoEnergy provides SCADA, PPC, and monitoring solutions supporting EXTOR's complete power supply system projects, solidifying AlsoEnergy's leadership in Eastern European utility market.
• WESCOcoreChannel Partner/ Reseller/ DistributorNational distributor partnership for C&I monitoring solutions. WESCO distributes AlsoEnergy's pre-configured monitoring hardware bundles including PowerLogger 1000, meters, weather stations, and cell modems alongside 5-year PowerTrack subscriptions, enabling streamlined procurement for installers and developers.
• SEL (Schweitzer Engineering Laboratories)strategicTechnology or IntegrationTechnology partnership for RTAC (Real-Time Automation Controller) powered by SEL RTAC for utility-grade controls. AlsoEnergy integrates SEL RTAC products including SEL-3505, SEL-3530, SEL-3555, and SEL-3560 controllers into utility SCADA and power plant control solutions meeting stringent grid requirements.
• StemcoreStrategic or Co-development PartnerStem acquired AlsoEnergy in 2022. PowerTrack is now on Stem's Athena platform, combining AlsoEnergy's monitoring and control capabilities with Stem's AI-driven energy storage software. Joint solution helps customers manage and optimize solar, EV, and energy storage assets with integrated asset performance visibility.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Uplight: Uplight provides energy management software for utilities covering customer engagement, DER orchestration, and energy efficiency programs. It overlaps with AlsoEnergy's utility customer ESG and demand flexibility use cases.
• EnergyHub: EnergyHub delivers a DER management platform enabling utilities to orchestrate residential and commercial demand response, smart thermostats, and behind-the-meter assets. It competes with AlsoEnergy in the aggregated residential and VPP enablement space.
• Recurve: Recurve offers open-source data analytics for distributed energy resources, including M&V and load disaggregation for utilities. It is an emerging analytics peer to AlsoEnergy's performance engineering and benchmarking offerings.

Broad incumbents

• Stem, Inc. Stem is AlsoEnergy's parent company and a leading AI-driven energy storage software and services provider. The combined platform addresses solar, storage, and EV charging asset optimization, positioning Stem as both the acquirer and an overlapping software platform peer.
• AutoGrid (Schneider Electric): AutoGrid, now part of Schneider Electric, provides a DERMS platform for distributed energy resource aggregation, forecasting, and optimization. It overlaps with AlsoEnergy's aggregated residential and grid-edge optimization capabilities at the broader-utility scale.
• Fluence: Fluence is a global leader in utility-scale energy storage products and services with a strong software platform for storage optimization. It is a comparable software-led clean energy peer through the lens of Stem's combined solar-plus-storage offering.

Direct peers

• Power Factors: Power Factors provides asset performance management software for renewable energy portfolios, including SCADA, monitoring, and analytics for solar and wind operators. It is one of AlsoEnergy's closest direct competitors in the utility-scale and C&I solar monitoring category.
• Meteocontrol: Meteocontrol is a German-headquartered provider of PV monitoring, SCADA, and O&M software for utility-scale and commercial solar assets. It is a direct competitor to AlsoEnergy in the EMEA utility solar monitoring market.
• kWh Analytics: kWh Analytics offers data and analytics products for the solar industry, including performance benchmarking, risk analytics, and asset management. It directly overlaps with AlsoEnergy's analytics and benchmarking value proposition for solar portfolios.
• Solar-Log: Solar-Log provides PV monitoring and energy management solutions for residential, commercial, and utility-scale solar. It competes with AlsoEnergy's PowerTrack platform across the C&I and aggregated residential segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/alsoenergy
• Xx.com/AlsoEnergyEMEA

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AlsoEnergy