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STAMFORD, Conn. / Nov 14, 2023 / Business Wire / Ushering in a new era of responsible corporate stewardship, Altus Power (NYSE: AMPS) today announced its AI-powered SaaS solution for businesses, Altus IQ™, designed to give comprehensive energy usage insights to clients as they strive to achieve ambitious net-zero goals. The all-in-one cloud-based dashboard uses proprietary formulas and industry standard data sources to give businesses a detailed understanding of their energy usage and empower them with actionable insights to reduce emissions, generate solar savings and meaningfully improve their carbon footprint across properties.
“Fifteen years ago, we created Altus Power to be a different kind of power company, anticipating the need to help companies achieve net zero goals through renewable energy solutions,” said Lars Norell, co-CEO, Altus Power. “The launch of Altus IQ enables us to deliver even more value to our clients in terms of measuring, reporting and acting on power usage and carbon avoidance and is testament to the innovation and creative talent of our tech leaders, data visualization experts and data analytics team members.”
Altus IQ is a comprehensive carbon accounting platform for a company’s entire portfolio, whether managing hundreds of properties or a single business, a company interested in community solar or a solar owner who wants to determine their impact. Leveraging advanced machine learning algorithms, Altus IQ provides detailed visibility into consumption patterns, offering insights that facilitate effective energy optimization and significant reductions in carbon footprints, including how a company is measuring against the global Paris target of 1.5-degree Celsius warming.
“We believe Altus IQ is a best-in-class technology enabler that offers our clients tremendous visibility into their energy usage, potential savings and the projected impact of solar energy across their organization,” said Julia Sears, Chief Digital Officer, Altus Power. “As more companies put environmental and social responsibility at the forefront, we’re proud of our team’s ability to deliver data driven solutions and an intuitive user experience to help them not only understand but reach these targets.”
Additional features include:
Altus IQ is currently available to select Altus Power clients. For information on how businesses can join the invite list for access, please visit: www.altuspower.com/business
About Altus Power
Altus Power, based in Stamford, Connecticut, is the leading commercial-scale provider of clean electric power serving commercial, industrial, public sector and Community Solar customers with end-to-end solutions. Altus Power originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. Visit www.altuspower.com to learn more.
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