SmartHelio

SmartHelio is a Swiss-based company that provides AI-powered software solutions for solar energy optimization. Founded in 2019, the company specializes in predictive analytics and performance enhancement for solar power plants. SmartHelio's core product, HelioCloud, utilizes artificial intelligence and machine learning algorithms to analyze data from solar plants, including current, voltage, temperature, and various external factors. This analysis enables the software to detect faults, predict issues, and provide recommendations for improving solar plant performance.

The company's technology combines physics-based pattern recognition with deep learning models to offer a range of services, including forecasting, asset due diligence, predictive analytics, and panel-level diagnostics. SmartHelio's solutions have been reported to increase solar plant performance by up to 10% for rooftop installations and 3% for utility-scale assets, while also reducing operation and maintenance expenses by up to 30%. In September 2024, SmartHelio launched its AI-powered Suite, which includes the Autopilot platform for predictive analytics and a Climate Risk Assessment tool for long-term solar resource forecasting.

Key customers and partnerships

SmartHelio's client base includes major solar developers and energy companies across multiple continents. Some of its notable customers are Galp in Portugal, Verbund in Austria, Tata Power in India, and Schneider Electric. The company has also worked with BKW, SIG, Romande Energie in Switzerland, Acciona in Spain, and EDP in Portugal. As of 2024, SmartHelio reported managing six GW of solar assets globally.

In addition to its work with solar developers, SmartHelio has expanded its partnerships to include Engineering, Procurement, and Construction (EPC) companies. The company's solutions are utilized in various regions, including Europe, Asia, the US, and the Middle East, with a portfolio assessment of over 2.5 GW in India alone.