PRODUCTS

Stem Announces Unified Athena® Platform

Stem | September 21, 2022 | Read time : 03:55 min

Stem Announces Unified
Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services,  announced its newly unified clean energy management platform, Athena®, to help make storage, solar, and EV charging asset ownership simpler and more valuable for businesses. With Athena, developers, owners, and engineering, procurement, and construction firms (EPCs) across all segments can confidently deploy and monetize clean energy technologies at scale through an extensible platform. From design and procurement to installation and operational management, Athena delivers more accurate models, optimally sized projects, and helps reduce risk. As a result, businesses can lower site utility costs, reduce carbon impacts, provide energy resilience, and maximize savings and revenues for their customers.“From the beginning, we built Athena as an open, extensible platform and as the market evolves, Athena continues to be the trusted enterprise platform that maximizes outcomes across clean energy asset portfolios,” said Larsh Johnson, Chief Technology Officer at Stem. “Now with our seamlessly integrated storage, solar, and EV solutions and services, Athena is able to bring new and unique value streams to our customers that they’ve not been able to tap before.”

Athena offers a comprehensive view across a broad array of clean energy assets delivering an extensive suite of applications and AI-powered capabilities to uncover further value across assets including:
  • Unified experience across solar and storage assets: The Athena platform now includes AlsoEnergy’s market-leading PowerTrack as an integrated application, offering solar and storage asset owners and operators a unified experience to monitor, manage and dispatch their portfolios from a single pane of glass.
  • Real-time situational awareness of the financial and technical performance, real-time status, and operational trends of systems and sites: Athena Supervisor provides system operators with a remote operations center platform with continuous, automated monitoring of the performance and health of systems.
  • Actionable insights and a clear window into the value being delivered by energy assets: Asset owners and energy managers can monitor system performance, cost, and economic impact with Athena Explorer. This visibility aids in building long-term energy strategies to help achieve resilience, economic optimization, and sustainability goals.
  • Unlock wholesale market revenue taking into consideration market-specific requirements and operational constraints to mitigate market risk. Asset owners who participate in wholesale markets rely on the forecasting accuracy and 24/7 automated bidding capabilities of Athena to help maximize revenues.
  • Economic ownership and management of EV fleets while ensuring sustainability goals are met. Athena’s e-mobility solution seamlessly integrates storage, solar, and EV charging networks to unlock economic, environmental, and operating value. By offering hardware optionality, a clean energy optimization platform, and professional services, owners and operators can maximize EV charge delivery against multiple objectives and track the ongoing performance as an integrated system.
  • Integrated Utility SCADA solutions that meet even the most stringent grid standards provide local site controls and human-machine interface (HMI) to effectively operate, maintain compliance, and minimize maintenance costs of large utility-scale projects. Paired with Athena PowerTrack, the integrated solution helps provide enhanced asset performance management to help increase energy harvest and asset value.

“As we continue to scale our solar and energy storage business nationwide, Stem has become one of ForeFront Power’s preferred partners to fuel growth. For projects on which we select Stem as a partner, we’re looking forward to the integrated view of our assets and superior optimization that Athena plus PowerTrack will deliver to our customers,”

-Michael Smith, CEO of ForeFront Power.

With more than 30 gigawatts (GW) of solar, energy storage, and EV charging assets under Athena management across 50 countries, Athena, coupled with Stem’s energy experts, continues to help clean energy leaders navigate the challenges of evolving trends like supply chain constraints while capitalizing on opportunities such as the 30+% investment tax credits for stand-alone battery storage and broader EV infrastructure projects that the Inflation Reduction Act of 2022 offers.

About Stem
Stem provides clean energy solutions and services designed to maximize the economic, environmental, and resiliency value of energy assets and portfolios. Stem’s leading AI-driven enterprise software platform, Athena® enables organizations to deploy and unlock value from clean energy assets at scale. Powerful applications, including AlsoEnergy’s PowerTrack, simplify and optimize asset management and connect an ecosystem of owners, developers, assets, and markets. Stem also offers integrated partner solutions to help improve returns across energy projects, including storage, solar, and EV fleet charging. For more information, visit www.stem.com.

Spotlight

The 2017 edition of the REN21 Renewables Global Status Report (GSR) reveals a global energy transition well under way, with record new additions of installed renewable energy capacity, rapidly falling costs, particularly for solar PV and wind power, and the decoupling of economic growth and energy-related carbon dioxide emissions for the third year running.


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