2023 marked a significant turning point for the photovoltaic energy sector, with significant growth and accelerated adoption worldwide. In this dynamic and effervescent sector, S4E has set the pace by responding to increasing volumes and a growing demand from its customers for new and improved functions.
2023: a year of consolidation
With a portfolio of 3.1 GWp supervised at the end of 2023, compared to 2.2 GWp in December 2022, S4E has recorded important growth of almost 50%. Today, we manage nearly 14,000 sites, a significant increase on the 9,000 sites managed in the previous year.
Product development has also continued to accelerate. Our platform is being continuously enriched with advanced functions, such as downtime management. These developments demonstrate S4E’s commitment to innovation and customer satisfaction.
In terms of economic performance, S4E has exceeded its financial targets, with sales up by more than 50%. This success is also reflected in the growth of the workforce, which has almost doubled in the last 12 months.
From an organisational point of view, the year also saw the creation of a data-science division. This division integrates experts in machine learning and deep learning. It is specialised in advanced data analysis, offering our customers diagnostic tools to optimise the performance, reliability and efficiency of their systems
2024: prospects and ambitions
In 2024, S4E wants to focus on data science and advanced analytics. The aim is to be able to answer crucial questions such as: “Why is my power plant producing less than expected?”; by categorising the waterfall of losses – whether due to shading, soiling or overheating of the photovoltaic panels, for example.
Another area of development will be predictive maintenance. By anticipating breakdowns before they occur, S4E aims to reduce maintenance costs, maximise availability and production, prevent critical failures and extend equipment life. This innovation is an essential vector for the future of the sector.
Last but not least, international development is a promising opportunity for S4E. To date, 1,000 of the 14,000 sites monitored by Energysoft are located abroad. Spain is a particularly attractive target market. The Energysoft software and mobile applications are now available in Spanish, and the teams have been strengthened by the addition of bilingual staff. The highlight to launch this new challenge was S4E’s participation in the GENERA trade fair in Madrid from 6 to 8 February. Every year, this major exhibition trade fair in Spain offers international exposure in the photovoltaic sector, giving a perfect platform for S4E.
