AlsoEnergy, a Stem Company, Launches Premier Distribution Channel
June 07 2022 - 8:35AM
Business Wire
Increases clean energy asset yield, streamlines
purchase of edge-to-cloud monitoring and optimization platform for
EPCs and developers
AlsoEnergy, a Stem (NYSE: STEM) company and a leading
edge-to-cloud clean energy optimization platform provider, has
launched a premier distribution channel to further accelerate the
adoption of clean energy assets. Building on the success of its
direct sales, AlsoEnergy is leveraging Stem’s proven channel sales
model and relationships with global distributors to begin offering
its edge-to-cloud platform more broadly across the U.S. The new
distribution channel provides Engineering, Procurement and
Construction (EPCs) and developers with streamlined access to
AlsoEnergy’s platform that unlocks improved economic and
operational opportunities for a range of systems, including solar
Commercial and Industrial (C&I) systems. The channel launched
with a leading North American distributor and is expected to expand
to other distributors.
Designed for C&I projects up to 3 megawatts (MW), the
platform includes edge solutions that collect and log data about
onsite conditions from various clean energy hardware. The data is
then securely transmitted to PowerTrack, AlsoEnergy’s cloud
application for optimization of clean energy assets, providing
insights into weather-adjusted, expected site performance.
Accompanying 5-year PowerTrack subscriptions, three of AlsoEnergy’s
edge solutions will now be offered through its distribution
channel, including AlsoEnergy’s Power Light Commercial Solution
400, Power Light Commercial Solution 600 BASE, and Power Light
Commercial Solution 600 PLUS.
“For more than a decade, AlsoEnergy has consistently delivered
reliable edge-to-cloud solutions to empower energy stakeholders to
realize higher returns in the evolving energy market,” stated Bob
Schaefer, President of AlsoEnergy. “By launching a distribution
channel, we are able to serve a larger market in the U.S. and more
diversified energy asset portfolios by improving access to our
industry-leading solutions. As a new part of Stem, we are excited
to continue to grow this channel to accelerate the clean energy
transition.”
“Three years ago, the Stem Partner Program pioneered bringing
energy storage to the distribution channel and established
successful relationships with national and global distribution
leaders,” said Alan Russo, Chief Revenue Officer at Stem. “As a key
post-acquisition milestone for Stem and AlsoEnergy, this new
distribution channel is an important step for the companies’
business goals to create an inclusive energy economy by delivering
synergistic, market-leading solutions.”
As a newly combined company, Stem and AlsoEnergy are uniquely
positioned to meet the increasingly complex needs of the energy
market as it matures, reinforcing their commitment to their partner
network. Since 2019, the Stem Partner Network has yielded more than
500 active partners and more than 48GWh of active projects.
Learn more about becoming a Stem or AlsoEnergy distribution
partner at
https://www.stem.com/partner-program/distributor-partners/.
About Stem
Stem (NYSE: STEM) provides solutions that address the challenges
of today’s dynamic energy market. By combining advanced energy
storage solutions with Athena®, a world-class AI-powered analytics
platform, Stem enables customers and partners to optimize energy
use by automatically switching between battery power, onsite
generation, and grid power. Stem’s solutions help enterprise
customers benefit from a clean, adaptive energy infrastructure and
achieve a wide variety of goals, including expense reduction,
resilience, sustainability, environmental and corporate
responsibility, and innovation. Stem also offers full support for
solar partners interested in adding storage to standalone,
community or commercial solar projects – both behind and in front
of the meter. With the acquisition of AlsoEnergy, Stem is a leader
in the solar asset management space, bringing project developers,
asset owners and commercial customers an integrated solution for
solar and energy storage management and optimization. For more
information, visit www.stem.com.
About AlsoEnergy
From its founding, AlsoEnergy has led the market in
edge-to-cloud portfolio management solutions that make clean energy
more resilient, manageable, and scalable. With the clean energy
economy offering unprecedented opportunities, AlsoEnergy empowers
businesses to rapidly scale and confidently optimize their clean
energy portfolios with distributed assets in utility, C&I, and
aggregated residential. PowerTrack, AlsoEnergy’s flagship portfolio
management application for users throughout the value chain, drives
insightful decisions that improve business efficiencies and
financial and energy performance. Our dedicated team with deep
industry expertise provides tailored solutions throughout the
lifetime of clean energy assets. AlsoEnergy was recently acquired
by Stem, the leader in smart energy storage. For more information,
visit www.alsoenergy.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220607005633/en/
Media Contacts Jessica Fishman, AlsoEnergy
jessica.fishman@alsoenergy.com
Suraya Akbarzad, Stem Press@stem.com
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