Locus energy Azerbaijan

Who is locus energy?

Locus Energy is a solar monitoring and data analytics platform provider for the solar photovoltaic (PV) market spanning the residential, commercial, and utility sectors, across the globe. The company has deployed over 165,000 systems, collected over 80 billion data points, and currently monitors more than 6.6 GW of total capacity globally.

What's going on with alsoenergy & locus energy?

Renewable energy software company AlsoEnergy said today it is merging with solar monitoring and data analytics provider Locus Energy. The combined company will serve the residential, commercial, industrial and utility-scale photovoltaic (PV) markets and will have over 25 GW of power monitored across more than 190,000 sites around the world.

What are locus energy's main investment areas?

Hydropower, bio-fired cogeneration, wind power and grids are Locus Energy's main investment areas. Complemented by investments in, for example, thermal energy storage and batteries as well as modern control and maintenance, the local energy system can deliver much more than it does today. Green Return Rate as important as return on capital.

How will locus energy bolster a global service organisation?

AlsoEnergy’s global service organisation is expected to be bolstered by the integration of Locus Energy’s customer service and engineering support centre.

Which energy sources are used in the transport sector in Azerbaijan?

Most oil products used in the transport sector are produced in Azerbaijan. TFC consists mainly of natural gas (43%) and oil products (39%), followed by electricity (15%). Renewable energy sources, including hydro, contributed 1.5% to total energy supply in 2022 and 6% (1.8 TWh) to electricity supply.

What regulatory regimes apply to oil & gas production in Azerbaijan?

Two basic regulatory regimes apply to oil and gas exploration and production in Azerbaijan: the system established under the Law on Energy and implemented through energy contracts, and regimes particular to each case established by specific production sharing agreements (PSAs).