Locus Energy
Locus Energy (dba AlsoEnergy) provides edge-to-cloud software and hardware for monitoring, analytics, and control of distributed solar and energy storage assets, serving asset owners, EPCs, utilities, and C&I operators across 50 countries via its PowerTrack SaaS platform.
- Company typePrivate
- Founded2007
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Locus Energy does
Locus Energy, doing business as AlsoEnergy, is a New York-based software provider founded in 2007 that delivers monitoring, analytics, and control software for distributed solar and energy storage assets. Its core offering is PowerTrack, a SaaS application for clean energy portfolio management, built on an edge-to-cloud platform that integrates on-site hardware (weather sensors, data acquisition systems, SCADA, and power plant controllers) with cloud-based diagnostics, reporting, and remote control. The platform supports capabilities including customized and templated reporting, descriptive and performance analytics, battery energy storage management, power plant controller configuration, and APIs for third-party CMMS, BI, and workflow integration. Per company claims, it monitors 200,000+ sites and 25+ GWs of clean energy capacity across 50 countries, and was ranked #1 solar and storage monitoring and control vendor by Guidehouse Insights.
AlsoEnergy serves a diversified set of energy stakeholders: asset owners, EPCs, field service teams, control centers, and performance engineers, across utility, commercial & industrial, and aggregated residential verticals. Named customers include ALDI, Greenbacker Capital, AltusPower, ACT Power, NARENCO, Borrego, CleanCapital, SOLV Energy, SunVest Solar, and Summit Ridge Energy. The company employs 51-100 people and generates revenue through a combination of subscription SaaS licenses (PowerTrack and related applications) and hardware sales bundled into vertically-integrated monitoring solutions. GTM is hybrid: direct enterprise field sales targeting large asset owners and utilities, paired with a distributor ordering channel for mid-market solar installers and EPCs. Marketing and demand generation are driven through content (data sheets, case studies, white papers), a corporate blog, and LinkedIn. Historical capital includes a 2009 NYSERDA award, an early round from Sustainable Resource Ventures (2011), a round from Zelkova Ventures (2012), and engagement with BloombergNEF (2015), with all later rounds undisclosed.
Locus Energy firmographics
Firmographics- Name
- Locus Energy
- Legal name
- AlsoEnergy, Inc.
- Website
- https://locusenergy.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Locus Energy (dba AlsoEnergy) provides edge-to-cloud software and hardware for monitoring, analytics, and control of distributed solar and energy storage assets, serving asset owners, EPCs, utilities, and C&I operators across 50 countries via its PowerTrack SaaS platform.
- Ownership category
- akta.pro rank
Locus Energy industry classification
Industry- Product category
- Solar Energy Monitoring Software
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control) (EUAMAIAI)
- akta.pro secondary industries
- Grid Analytics, Forecasting & Decision Support (Load/DER/Outage) (EUADAEAI), Utility-Scale Power Generation Asset Management (EUAEAMAA), Battery Analytics, Digital Twins, SoH/SoC Estimation & Degradation-Aware Dispatch (EUAFAKAK)
Keywords
Where Locus Energy is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Locus Energy business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain, Operations
Revenue model
- SaaS Monitoring and Management Application: Subscription-based software-as-a-service model for monitoring and managing clean energy assets. Customers can purchase standalone SaaS monitoring applications or bundled solutions including weather sensors, DAS, and on-site SCADA and controls.
- Hardware and Edge Solutions: Sale of hardware components including weather sensors, data acquisition systems (DAS), and on-site SCADA equipment as part of vertically-integrated monitoring solutions.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Locus Energy product offering
Product offeringCore offering
Locus Energy (operating as AlsoEnergy) sells a software-based solar and energy storage monitoring and analytics platform. Its flagship offering, PowerTrack, is a SaaS application for clean energy portfolio management, diagnostics, reporting, and control. The company also delivers an edge-to-cloud full-stack platform that bundles its software with on-site edge hardware (weather sensors, data acquisition systems, SCADA, and controls) for vertically-integrated deployments across distributed solar and storage assets.
Product overview
AlsoEnergy offers a unified platform-plus-modules architecture for solar energy monitoring and control. The core product is PowerTrack, a SaaS application for clean energy portfolio management, which integrates with a full-stack edge-to-cloud platform that includes edge solutions, weather sensors, DAS, and on-site SCADA and controls. The platform serves utilities, commercial & industrial, and aggregated residential segments through various deployment options ranging from SaaS-only to vertically-integrated solutions including hardware components.
Differentiator
Problem solved
Functional benefit
Brands
- PowerTrack: AlsoEnergy's flagship application for clean energy portfolio management with advanced analytics, intuitive user interface, and integration capabilities with 3rd party CMMS and BI applications
Products and services
- PowerTrack Flagship SaaS application for clean energy portfolio management, providing advanced analytics, diagnostics, customized reporting, supervisory dashboards, system-of-record, energy management and controls (including battery energy storage system management and power plant controller configuration), and remote troubleshooting. Integrates with third-party CMMS and BI applications via APIs and supports workflow integration. Aimed at asset owners, EPCs, utilities, commercial and industrial operators, and performance engineering teams.
- Edge-to-Cloud Platform Full-stack technology platform spanning on-site edge hardware to cloud-based applications, enabling monitoring, management, and monetization of distributed clean energy portfolios. Supports weather sensors, data acquisition systems (DAS), on-site SCADA, and controls, and allows customers to deploy either a standalone SaaS monitoring and management application or a vertically-integrated solution with hardware components.
- Edge Solutions On-site hardware and edge software components, including weather sensors, data acquisition systems (DAS), and on-site SCADA and controls, that connect distributed clean energy assets to the cloud platform for monitoring and management.
Quantifiable outcome
- Up to 3-5% reduced operating expenses
- +2 more outcomes
Companies that use Locus Energy
Customer profileNamed customers10 records
Segments8 records
Ideal customer profiles5 records
Locus Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature6 records
Locus Energy partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
Locus Energy competitors and assessment
Company assessmentBroad incumbents
- Sungrow iSolarCloud: Sungrow, a leading inverter OEM, bundles its iSolarCloud monitoring platform with hardware sales; it competes with AlsoEnergy's edge-to-cloud offering for projects where integrators prefer single-vendor inverter-plus-monitoring stacks.
- Schneider Electric EcoStruxure: Schneider Electric offers broader DERMS and energy management software through its EcoStruxure platform, including renewable and storage monitoring functionality that overlaps with AlsoEnergy, but as part of a much wider industrial automation portfolio.
- Siemens Gridscale X / SICAM: Siemens provides grid management, SCADA, and renewable monitoring software for utilities globally; its offering overlaps with AlsoEnergy's utility-scale solar monitoring and PPC capabilities but is part of a much broader T&D and automation portfolio.
Direct peers
- Solar-Log: Solar-Log offers solar monitoring hardware and software solutions primarily for distributed and C&I PV installations, competing with AlsoEnergy in edge-to-cloud monitoring and energy management for commercial and aggregated residential portfolios.
- Meteocontrol: Meteocontrol is a Germany-based solar monitoring and O&M software provider with strong presence in European C&I and utility-scale markets, offering comparable portfolio management, yield analytics, and remote monitoring functionality.
- Power Factors: Power Factors is a direct competitor offering asset performance management software for renewable energy portfolios, serving the same utility-scale solar and wind owner/operator customer base with comparable SCADA, monitoring, and predictive analytics capabilities.
- GreenPowerMonitor (Hitachi Energy): GreenPowerMonitor is a leading solar and wind monitoring platform now owned by Hitachi Energy, competing head-to-head with AlsoEnergy on utility-scale renewable monitoring, SCADA, and PPC/control solutions across global markets.
Emerging players
- Aurora Solar: Aurora Solar provides solar design, sales, and monitoring software, primarily serving residential and C&I installers; it overlaps with AlsoEnergy in monitoring and asset management but is more focused on the design-to-installation workflow upstream.
- kWh Analytics: kWh Analytics is a solar risk and performance analytics platform serving asset owners, financiers, and O&M providers; it competes in the data analytics layer that complements AlsoEnergy's monitoring offering, particularly for financial-grade reporting.
- EnergyHub: EnergyHub is a DERMS platform that aggregates and orchestrates distributed energy resources including solar, storage, and smart thermostats; it overlaps with AlsoEnergy at the DER control and aggregation layer, particularly for utility VPP programs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Locus Energy social profiles
Digital presenceLocus Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Locus Energy leadership team
Management profileNumber of profiles
Profiles1 record
Locus Energy funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Locus Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Locus Energy
What does Locus Energy do?
Locus Energy (operating as AlsoEnergy) sells a software-based solar and energy storage monitoring and analytics platform. Its flagship offering, PowerTrack, is a SaaS application for clean energy portfolio management, diagnostics, reporting, and control. The company also delivers an edge-to-cloud full-stack platform that bundles its software with on-site edge hardware (weather sensors, data acquisition systems, SCADA, and controls) for vertically-integrated deployments across distributed solar and storage assets.
Is Locus Energy a public or private company?
Locus Energy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Locus Energy founded?
Locus Energy was founded in 2007. It employs 51 to 100 people.
Where is Locus Energy based?
Locus Energy is headquartered in New York, United States, in the North America region.
How does Locus Energy make money?
Two revenue lines are on record. SaaS Monitoring and Management Application is the primary driver. The others are hardware and Edge Solutions.
Who are Locus Energy's main competitors?
Broad incumbents on record are Sungrow iSolarCloud, Schneider Electric EcoStruxure and Siemens Gridscale X / SICAM. Direct peers are Solar-Log, Meteocontrol, Power Factors and GreenPowerMonitor (Hitachi Energy). Emerging players are Aurora Solar, kWh Analytics and EnergyHub.
Does Locus Energy have an API?
Yes. APIs for workflow integration are available as part of the PowerTrack platform. The platform offers APIs enabling workflow integration with clean energy portfolio management systems.
What industry is Locus Energy in?
Locus Energy's product category is Solar Energy Monitoring Software. Its primary akta.pro industry code is EUAMAIAI, Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control), with a secondary code of EUADAEAI, Grid Analytics, Forecasting & Decision Support (Load/DER/Outage). Its NAICS code is 2211 and its SIC code is 4911.