Stem’s Athena® Named a 2023 Sustainability Product of the Year by Business Intelligence Group
30 Août 2023 - 3:00PM
Business Wire
Stem (NYSE: STEM), a global leader in AI-driven clean energy
solutions and services, announced that its Athena® platform has
been named a Sustainability Product of the Year as part of the
Business Intelligence Group’s 2023 Sustainability Awards. The
awards honor products designed to help companies improve their
sustainability efforts, as well as the people, initiatives, and
organizations that have made sustainability an integral part of
their business practices.
Athena helps enable organizations to increase adoption of
renewable energy assets, and progress toward their decarbonization
goals. Athena’s advanced AI and machine learning algorithms
continuously analyze hundreds of data inputs from solar, storage,
and electric vehicle infrastructure assets against external factors
like weather, utility rates, power market prices, and grid
constraints. The cloud-native platform models and predicts the
optimal real-time operation of each energy asset, and individually
controls them to store clean energy until it's needed and deliver
it when it’s most valuable. These capabilities have consistently
helped customers generate strong returns on renewable energy assets
in multiple markets over multiple years. With more than 31 million
run-time hours, Athena manages more than 500,000 energy IoT devices
and has executed more than 48,000 automated grid dispatches over
the past 12 months.
“As a leader at the center of the clean energy transition, Stem
is proud to receive a Sustainability Product of the Year award from
Business Intelligence Group,” said Larsh Johnson, Chief Technology
Officer at Stem. “Our Athena platform is helping overcome the
intermittency challenges of renewables by unifying the strengths of
AI and energy storage – empowering organizations to use more
renewable energy, reduce greenhouse gas emissions, lower net energy
costs, and act as a virtual power plant to support the grid.”
“We are proud to reward and recognize Stem’s Athena platform for
its continued innovation in helping organizations progress toward
their decarbonization goals,” said Maria Jimenez, Chief Nominations
Officer, Business Intelligence Group. “It was clear to our judges
that the Athena platform can deliver on-going environmental value
and contribute to a cleaner, more sustainable world.
Congratulations!”
About Stem
Stem (NYSE: STEM) provides clean energy solutions and services
that 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 that improve returns across energy projects,
including storage, solar, and EV fleet charging. For more
information, visit www.stem.com.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of
recognizing true talent and superior performance in the business
world. Unlike other industry award programs, business
executives—those with experience and knowledge—judge the programs.
The organization’s proprietary and unique scoring system
selectively measures performance across multiple business domains
and then rewards those companies whose achievements stand above
those of their peers.
Source: Stem, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20230830433091/en/
Stem Investor Contacts Ted Durbin, Stem Marc Silverberg,
ICR IR@stem.com
Stem Media Contacts Suraya Akbarzad, Stem
press@stem.com
Business Intelligence Group Contact Maria Jimenez Chief
Nominations Officer Business Intelligence Group 1-909-529-2737
jmaria@bintelligence.com
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