Stem is a global leader in AI-driven clean energy software and services, providing the PowerTrack platform for solar, storage, and hybrid asset management.
Last updated September 29, 2026
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Overview
Stem, Inc. is a global clean energy technology company founded in California in 2009. The company began with a vision to transform how energy consumption is managed, pioneering storage solutions by analyzing how utilities and developers use and are charged for energy. Over time, Stem shifted its focus to AI technology, introducing real-time optimization, forecasting, and grid services by combining hardware with intelligent software. This became a key market differentiator and positioned Stem as a leader in grid stability and renewable integration, offering services such as frequency regulation and demand response. In 2021, Stem became the first pure-play smart energy storage company to go public in the United States, listing on the NYSE. The company later acquired AlsoEnergy, a move that expanded its software capabilities and customer base. Today, Stem describes itself as a global leader reimagining technology to support the energy transition, helping asset owners, operators, and stakeholders benefit from the full value of their energy portfolio by enabling the intelligent development, deployment, and operation of clean energy assets. Stem's core offering is its integrated software suite, PowerTrack, which the company describes as the industry standard and best-in-class for asset monitoring. PowerTrack supports solar, storage, and hybrid assets across utility-scale and commercial & industrial (C&I) markets, providing advanced analytics, remote diagnostics, and performance reporting tools, including Software, Energy Management System, SCADA, Power Plant Controller, and Logger solutions. The suite consolidates previously separate brands such as AlsoEnergy and Athena into four standardized solutions: C&I Solar, Utility Solar, Storage, and Hybrid. PowerTrack Optimizer, formerly Athena, provides optimization capabilities. Beyond software, Stem offers Managed Services covering the full lifecycle of energy storage and hybrid systems—design, procurement, commissioning, operation, and optimization—to help asset owners maximize reliability, performance, and returns. The company also operates AIONA, an AI consulting and implementation practice that helps organizations identify high-impact AI opportunities, build working solutions on existing systems, and deliver measurable value. Stem reports that its solutions are used across 200,000+ sites worldwide, with global projects managed in 55 countries, from Germany to Japan and across North America. Customers have relied on Stem for nearly 20 years to maximize the value of their clean energy projects. The company's PowerTrack EMS won The smarter E AWARD 2026 in the "Smart Integrated Energy" category, described as Europe's leading renewable energy industry award.
History
Stem, Inc. was founded in California in 2009 with a vision to transform how energy consumption is managed. By analyzing how utilities and developers use and are charged for energy, Stem pioneered storage solutions. The company then shifted to AI technology, introducing real-time optimization, forecasting, and grid services by combining hardware with intelligent software—a key market differentiator. Stem became a leader in grid stability and renewable integration, offering services such as frequency regulation and demand response. In 2021, Stem became the first pure-play smart energy storage company to go public in the U.S., listing on the NYSE. The company subsequently acquired AlsoEnergy, expanding its software and monitoring capabilities. Stem consolidated its trusted technology—including AlsoEnergy and Athena—into four solutions within a single standardized suite under the PowerTrack umbrella: C&I Solar, Utility Solar, Storage, and Hybrid. PowerTrack Optimizer, formerly Athena, provides optimization. Stem also launched AIONA, an AI consulting and implementation practice. The company reports global projects managed in 55 countries, from Germany to Japan and across North America, with customers relying on Stem for nearly 20 years. Its PowerTrack EMS won The smarter E AWARD 2026 in the "Smart Integrated Energy" category.
- 2026
PowerTrack EMS won The smarter E AWARD 2026 in the "Smart Integrated Energy" category.
- 2021
Stem became the first pure-play smart energy storage company to go public in the U.S. (NYSE).
- 2009
Stem, Inc. founded in California.
Acquisition of AlsoEnergy.
Products and positioning
Global leader in AI-driven clean energy solutions & services; industry standard for solar and storage asset monitoring.
PowerTrack
Industry-leading integrated solution for solar and storage data, offering advanced analytics, remote diagnostics, and performance reporting tools, including Software, Energy Management System, SCADA, Power Plant Controller and Logger solutions.
PowerTrack EMS
Energy Management System that won The smarter E AWARD 2026 in the "Smart Integrated Energy" category.
PowerTrack Optimizer (formerly Athena)
Optimization software supporting managed services.
Managed Services
Full lifecycle of services covering design, procurement, commissioning, operation, and optimization of energy storage and hybrid systems.
AI Services (AIONA)
AI consulting and implementation practice helping organizations identify high-impact opportunities, build working solutions on existing systems, and deliver measurable value.
Recent events
- Unconfirmed
Stem completes acquisition of AlsoEnergy[6]
Stem announced that it completed its acquisition of Also Energy Holdings, Inc. (AlsoEnergy). The transaction combined AlsoEnergy’s solar asset performance monitoring and control platform with Stem’s AI-driven analytics platform; AlsoEnergy continued to operate under its own brand.
Sources6 sources
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