50,000 solar PV systems to be monitored by PassivSystems in 2015

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PassivPro is the Company’s integrated renewable energy management product for the monitoring and optimisation of solar PV assets. Scalable and secure, the product is hosted on the PassivSystems smart platform, providing solar PV asset owners with key metrics and analysis about how their solar panels are performing. Through PassivPro, asset owners are able to remotely manage their assets through an online portal and smart phone app, as well as access performance data that informs them as to whether their solar PV panels are operating at maximum efficiency and therefore harvesting as much solar energy as possible. Other key PassivPro differentiators include weather compensation, flexible segmentation for varying portfolio types, and an alarm module to alert the manager if a panel should fail.

PassivSystems has now installed over 20,000 of these systems and has signed contracts to install a further 30,000 systems through a mixture of direct sales and partnerships with PV installers such as Freetricity, and large-scale funders that invest in solar PV portfolios such as Macquarie.

Colin Calder, CEO and Founder of PassivSystems, said: “We are delighted to be announcing our 50,000th PassivPro order milestone. This milestone not only serves as a testament to the significant benefits that PassivPro can bring solar PV owners and managers, but also to the successful execution of our marketing and distribution strategy. We are looking forward to making further announcements as more installers, RSLs and renewable energy investors adopt our market leading Solar PV monitoring and asset management services.

"The recent increase in order volume also serves as a positive gauge for the renewable energy industry as a whole, indicating how the combined support of business and the government has really pushed this industry forward in recent years."