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Locus Energy
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Solar monitoring and data analytics platform provider for the distributed solar PV market – spanning the residential, commercial and utility sectors

Founded in 2007
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Company type Acquired Public ()
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Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Hoboken, NJ Hoboken, United States
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Updated by Susannah Callahan at Antenna Group on 05/29/2015

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03/19/2013
National Renewable Energy Laboratory (NREL) National Renewable Energy Laboratory (NREL)
Locus Energy is a member of the U.S. Department of Energy's (DOE)’s National Renewable Energy Laboratory (NREL) Solar Access to Public Capital (SAPC) working group. Its mission is to enable securitization of solar PV assets and associated cash flows in the marketplace. SAPC’s primary efforts center on the standardization of power purchase agreements, leases, and other documents relevant to residential and commercial deployment, and the development of robust datasets to assess performance and ...
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Confirmed by National Renewable Energy Laboratory (NREL)
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01/11/2010 New York State Energy Research and Development Authority New York State Energy Research and Development Authority (1)
Post-money valuation of
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Grant $103,000
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PVIQ Suite

The first element of PVIQ, the Virtual Irradiance (VI) tool, draws on private and public historical and real-time data from weather stations, satellite imagery, federal agencies such as NASA and NOAA and other sources to provide highly accurate, ground-level irradiance data across an install base or a geographic region on a 15-minute basis. The second element of PVIQ, the Performance Waterfall report, remotely identifies the causes behind a system’s failure to perform, including factors such as weather uncertainty, snow downtime, shading, equipment downtime, equipment degradation and inverter problems. Locus’ Plug-in software, the third element of PVIQ, provides direct access to Locus’ databases through an Excel spreadsheet, offering customers a best practices standard for O&M data processing. Plug-In dramatically reduces the time required to prepare periodic performance reports.

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