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Clean Power Hour

Etienne Lecompte, CEO of PowerHub | Asset Management Software for Renewables Ep.94

12 Jul 2022

Description

It’s awe-inspiring to consider that renewable energy transforms weather into electrons and then into dollars. And yet, many asset managers are still operating with spreadsheets, notebooks and post-its. So, how do we encourage the adoption of digital tools in the renewable energy space? And how can solar, wind and hydro operators benefit from technology like asset management software? Etienne Lecompte is Founder and CEO of PowerHub, a SaaS company building asset management software for the renewable energy industry, and Host of the Renewables: Unscripted podcast.On this episode of Clean Power Hour, Etienne joins Tim from the Solarplaza Summit Asset Management North America 2022 Conference to discuss the evolution of PowerHub, explaining how he started the company as a consultancy but pivoted to asset management in 2013.Etienne describes the billing and invoicing, reporting, and compliance tools in the PowerHub suite, and offers insight as to why BayWa acquired the business two years ago.Listen in to understand what’s behind the boom-and-bust cycles of the Canadian solar industry and learn how digital tools like PowerHub can help asset managers lower cost and enhance the reliability of renewable energy.Key TakeawaysHow Etienne started PowerHub as a consultancy during the Ontario solar boom of 2011The story behind the Canadian solar industryWhy the industry has a reputation for boom-and-bust cycles (and what we can do to fix that)PowerHub’s pivot to asset management in 2013 Etienne’s approach to business development in the early days of PowerHubThe billing/invoicing, reporting and compliance tools that make up the PowerHub suiteHow PowerHub serves clients in the solar, wind and hydro spaceWhat differentiates technical from commercial asset management and PowerHub’s focus on the latterThe 4 major divisions at BayWa and why the company acquired PowerHubThe value of reconnecting with colleagues at conferences like SAMNAHow Etienne’s Renewables: Unscripted podcast explores the ‘messy middle’ of growing a startupHow digital tools can help the solar industry lower cost and enhance reliabilityConnect w Support the showConnect with Tim Clean Power Hour Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email [email protected] Review Clean Power Hour on Apple PodcastsThe Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email: [email protected] Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/The Clean Power Hour is brought to you by CPS America, maker of North America’s number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems. Learn more at www.chintpowersystems.com

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