Locus Energy

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.

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

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

• Solar energy monitoring
• Clean energy analytics
• Renewable asset management
• Solar SCADA systems
• Distributed energy software

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. 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.
2. 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

Core 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

Named customers10 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad 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

• LinkedInlinkedin.com/company/locus-energy
• Xx.com/locus_energy
• Facebookfacebook.com/104795936273092

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds4 records

Investors4 records

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

M&A

Investments

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

Frequently asked questions about Locus Energy