Monitoring and analysis firm Genscape just acquired solar monitoring firm Locus Energy. As the solar industry continues its growth -- with the U.S. installing 1 gigawatt of PV per month -- the performance of those solar rooftops and power plants needs to be monitored and analyzed.
And this week, Locus Energy became part of the Genscape group of companies. Genscape is a global provider of real-time data and intelligence for commodity and energy markets. The acquisition price was not disclosed.
As such, it's a reasonable fit for Locus, which claims to have installed more than 80,000 systems across the residential, commercial, and utility sectors in North America. This is all in service of discovering the causes of a solar system’s performance issues.