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PV Magazine
Edgar Meza, Reporter, PV Magazine
September 16, 2015

With the addition of the PV monitoring and data analytics company, Genscape -- part of the Daily Mail and General Trust plc conglomerate -- will expand its operations into the burgeoning solar sector.

Leading energy monitoring group Genscape has acquired PV performance monitoring and data analytics company Locus Energy in an effort to expand its core business into the solar sector and broaden its customer base.

As a leading provider of energy data and intelligence, the addition of Locus’ solar PV monitoring business to Genscape’s existing assets “will deliver exceptional value to a broader set of end-users and customers,” the Kentucky-based company added.

“The timing couldn’t be better,” said Locus Energy CEO Michael Herzig. “We share the same core value of delivering a customer experience that is second to none, combined with exceptional long-term financial security.”

New Jersey Business
New Jersey Business
September 16, 2015

Hoboken-based Locus Energy, a solar photovoltaic (PV) performance monitoring and data analytics provider, today announced its acquisition by Genscape, a leader in energy monitoring data and intelligence.

“Energy monitoring is Genscape’s core business, so the synergy between our two companies couldn’t be better,” says Matthew Burkley, Chief Executive Officer of Genscape. “We intend to leverage the substantial financial resources of our parent company in the solar monitoring space for a long time to come.”

As a leading provider of energy data and intelligence, the addition of Locus’ solar PV monitoring business to Genscape’s existing product portfolio will deliver exceptional value to a broader set of end-users and customers. Over the past few years, solar PV has matured as both a technology and an industry. Recent events, however, have emphasized the need for a mature, financially stable, longer-term solution to help the industry achieve more sustainable, aggressive growth. Over the short-term, customers are increasingly demanding improved technical support and customer service, as well as far less costly and time-consuming migration options.

Bloomberg Business
Bloomberg Business
September 16, 2015

US-based solar photovoltaic performance monitoring and data analytics provider Locus Energy has been acquired by energy monitoring data and intelligence specialist Genscape, the company said.

As a provider of energy data and intelligence, the addition of Locus' solar PV monitoring business to Genscape's existing product portfolio will allow the company to serve a broader set of end-users and customers.

Locus Energy is a solar monitoring and data analytics platform provider for the solar photovoltaic market spanning the residential, commercial, and utility sectors, with over 75,000 systems deployed across North America.

Solar Power World
Kathie Zipp, Reporter, Solar Power World
September 16, 2015

Locus Energy, a leading solar photovoltaic (PV) performance monitoring and data analytics provider, today announced its acquisition by Genscape, the global leader in energy monitoring data and intelligence.

“Energy monitoring is Genscape’s core business, so the synergy between our two companies couldn’t be better,” says Matthew Burkley, Chief Executive Officer of Genscape. “We intend to leverage the substantial financial resources of our parent company in the solar monitoring space for a long time to come.”

“The timing couldn’t be better,” says Michael Herzig, Chief Executive Officer of Locus Energy. “We share the same core value of delivering a customer experience that is second to none, combined with exceptional long-term financial security.”

Green Tech Media
Eric Wesoff, Reporter, GreenTech Media
September 15, 2015

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.

The Huffington Post
Elizabeth Schaeffer Brown, Writer, The Huffington Post
September 08, 2015

You might see sunshine, but James Kocher, Project Manager at Locus Energy, sees data. Lots of it. A graduate of the Earth Institute Sustainability Management (MS) program at Columbia University, Kocher recalls the words of his professor, "Director Steven Cohen would frequently remind us... 'you can't manage what you don't measure' and that is what big data is ultimately going to solve." Photovoltaics, what most people still call "solar panels," are gaining market share. In the first quarter of 2015 more than half of all new generation capacity brought online was solar, eclipsing natural gas. As solar power scales up, managing efficiency becomes important. Solar panels can be precisely controlled and monitored akin to a computer network to increase performance. As costs go down, more people adopt. "With regard to solar, big data is the key to increasing system production," Kocher explains.

His interest in this area lead him to return to school at the Earth Institute where his study included modeling complex systems. After a few years at Mars, where some of his work revolved around the design and implementation of more sustainable packaging, he joined Locus. Kocher's vision of our rapidly expanding solar infrastructure isn't just about peak performance, but economics as well. Precise and accurate streamlining of energy systems also allows for better risk management. Stable investments in solar assets will propel the industry as a whole. Kocher predicts "securitized loans or bonds accurately priced based on risk using the historical data provided by companies like Locus Energy."

Solar Industry Magazine
Solar Industry
August 31, 2015

New Jersey-based Locus Energy says its solar photovoltaic performance monitoring and data analytics platform supports direct integration of data feeds from Campbell Scientific's data logging hardware.

"With this new integration, solar asset stakeholders with existing or planned projects can adopt premium software solutions without the added cost of new hardware systems," says Michael Herzig, CEO of Locus Energy.

Solar Power World
Kathie Zipp, Reporter, Solar Power World
July 14, 2015

Locus Energy, a solar monitoring and data analytics platform provider for the distributed solar photovoltaic (PV) market, today announced the launch of PVIQ Excel Datalink, a software tool that provides direct access to performance data within Excel spreadsheets. The new tool allows asset owners and operators to easily analyze large datasets and to help ensure that solar PV assets are performing optimally. Excel Datalink is the newest element of Locus’ PVIQ Suite, a set of optimization tools that provides fleet managers with a much-needed means of evaluating performance of solar PV assets and identifying specific performance drivers.

“With the launch of PVIQ Excel Datalink, customers will be able to significantly reduce the amount of valuable hours used for sifting through and analyzing complex data, as we have now automated that process,” said Michael Herzig, CEO of Locus Energy. “We are excited to offer this very flexible tool, as it will allow users to increase efficiency and reduce costs, as we have seen with one of our key partners, SOLV.”

“Since we have integrated PVIQ Excel Datalink into our systems, our analytics team has been able to easily develop detailed customized reports on a wide range of operating factors,” said George Hershman, VP and Division Manager for Swinerton Renewable Energy. “This has not only significantly reduced the amount of time required to manually compile data, but we are also no longer bound by standard data reports.”

Alt Energy Mag
Shawn Kerrigan, Locus Energy
June 18, 2015

One of the first steps in most analyses of solar PV systems is to determine expected system production based on the weather the system has experienced. One approach is to use the production from clusters of solar PV systems to estimate the weather adjustment, an approach involving relative performance algorithms. Locus Energy, a solar monitoring and data analytics platform provider for the residential, commercial and utility sectors, however, has evolved past using relative performance algorithms that compare the performance of a solar PV system with that of its neighbors, replacing this approach with a satellite imagery-based Virtual Irradiance system.

Locus Energy’s Virtual Irradiance (VI) satellite-based irradiance tool is one of three elements in its PVIQ Suite, which provides advanced performance analytics enabling asset managers to boost productivity, reduce operations and management costs and mitigate risk. Locus’ VI tool allows asset managers to easily identify which systems are not meeting performance expectations. The other PVIQ elements include an analysis tool to quantify system losses from specific effects like snow or shading, and an Excel plug-in that allows users to stream data directly into spreadsheets, dramatically reducing the time required to prepare performance reports.

NJ Biz
Brett Johnson, Reporter, NJBiz
May 21, 2015

Back in 2012, there was 1 gigawatt of solar capacity in the entire United Kingdom. As of this month, the fleet of one New Jersey company has outdone that figure.

Hoboken-based Locus Energy announced Wednesday that its fleet has surpassed the milestone of 1 gigawatt of solar capacity in the United States.

In all, the U.S. has reached 20 gigawatts of total installed solar capacity, according to the Solar Energy Industries Association. That’s enough power for 4 million of the nation’s homes.

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