PowerHub: Renewable Energy Asset Management Simplified

As an avid innovator and entrepreneur, Etienne Lecompte has always been passionate about making renewable energy markets more efficient and effective. He has worked on over 5GW of wind and solar projects across continents including Americas, Europe, and Asia, and has been an active participant contributing to the growth of this sector. His entrepreneurial vision began by co-founding LCAB in 2011, where he helped developers, owners and financiers in Ontario, Canada, meet their regulatory compliance needs. Through LCAB, Etienne established a standard for renewable energy asset transactions in regulatory compliance. Continuing his vision to simplify compliance and administration of renewable energy assets, Lecompte co-founded PowerHub. “With the solar and wind energy markets effectively quadrupling in size, there is a need for our industry to mature into an asset class of its own. To do this we need to improve transparency and put adequate risk management systems in place. This is where PowerHub adds value to its clients. PowerHub helps increase visibility into asset performance and management thus reduces risk,” remarks Lecompte, who also heads as CEO of the company.

PowerHub offers a simple, cloud-based asset management solution designed for renewable energy infrastructure. It replaces bulky spreadsheets and automates processes needed to manage renewable energy assets. It centralizes all information about a project and increases visibility into performance and financial health; it helps users track work and tasks at hand while allowing them to also create project and portfolio level reports and more. “By intelligently centralizing project information, PowerHub unlocks efficiencies, capabilities and insights that have the potential to transform business,” extols the CEO.

“Instead of having passive and reactive management systems we are helping our clients move to proactive and predictive systems,” states Lecompte. “Our objective is to improve the entire life-cycle of projects from development through long term operation.” With PowerHub, companies can simplify the management of their renewable energy assets by maintaining complete and consistent information about their assets: throughout their lifecycle. Easy access to all the information available on the projects allows for fast decisions and minimal disruptions.