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Tigo Energy, Inc., a leader in intelligent solar and energy software solutions, has introduced major upgrades to its Predict+ platform, improving how utilities manage grid demand, renewable energy generation, and market trends. Using machine learning and artificial intelligence, Predict+ now delivers up to 97.5% accuracy in energy forecasting by analyzing smart meter data. This helps energy providers optimize operations, minimize fluctuations, and boost performance. Since early 2024, Predict+ has expanded from 15,000 to 140,000 meters under management and now tracks 600 GWh of energy. Predict+ enables grid operators to balance renewable and traditional power sources, especially during extreme weather and market shifts. It offers market insights through a customizable dashboard, customer insights to assess market expansion and high-value customer acquisition, profit analysis with real-time revenue tracking and integrated billing, and regulatory support with automated forecasting and secure reporting to regulatory bodies in select regions. Zvi Alon, chief executive officer at Tigo Energy, said “The Predict+ platform doesn’t only allow our customers to lower operating costs and streamline workflows, it actually drives higher returns on investment and more resilient, intelligent renewable energy infrastructure. As Predict+ expands into Europe and North America, we are bringing machine learning to energy analytics and predictions to a new standard for energy forecasting. As energy generation becomes more diverse and markets become increasingly dynamic, Predict+ offers a competitive edge by bringing grid stability and true foresight to utility operators.” Predict+ quickly adjusts forecasts when faced with disruptions like COVID-19 or extreme weather, giving utilities a competitive edge. Customers are expanding their usage, proving its value in real-world applications. The platform consistently outperforms traditional forecasting methods by up to 11%, reducing reliance on manual processes while improving accuracy. By delivering precise, real-time insights, Predict+ helps energy providers enhance grid performance and navigate the evolving energy landscape with confidence. |
