Combination of P-Cubed Analytics Software and Advanced Methane Detection Hardware Recognized for Excellence in Energy Management

Santa Clara, CA – July 27, 2021 – Picarro Inc., the industry leader in analytics-driven leak detection and methane emissions quantification solutions, today announced that its hardware-enabled P-Cubed™ Software received a Top Product of the Year Award in the elite Environment + Energy Leader Awards program. The win is an indication that the program’s expert judges consider the Picarro energy solution a top example of the exemplary work being done today in the fields of energy and environmental management.

The Environment + Energy Leader Awards is a program recognizing excellence in products and services that provide companies with energy and environmental benefits, and in projects implemented by companies that improved environmental or energy management and increased the bottom line.

“With a very experienced and critical judging panel and a strict set of judging criteria, entrants faced an extremely high bar to qualify for an award in 2021,” said Sarah Roberts, Environment + Energy Leader publisher.

The program judges’ evaluation of the Picarro Solution included the following comments:

•  “The Picarro solution is a balanced combination of hardware, software, and data analytics that can help companies better manage assets, improve worker safety and perform well in the field with reduced environmental impact.  Kudos!” 
•  “The Picarro solution is a rapid detection system, that can not only enhance production operations efficiency, but improve worker safety and reduce greenhouse gas emissions.” 
•   “Excellent payback, great performance data and important tool to fit climate change in a way that enhances the use of renewables.”

“Picarro is already well-known for the precision of its analyzers, but it’s the P-Cubed software that sets our solution apart,” said Vince Gaeto, Vice President, Sales and Marketing, Energy. “We’re pleased to have our solution’s unique combination of advanced methane detection hardware and P-Cubed analytics software recognized for excellence through this prestigious award.”

Analytics-Driven Methane Leak Detection and Quantification Solutions
The Picarro Solution is a hardware-enabled data analytics platform that combines mobile methane emissions measurements and other data sources with P-Cubed Software’s powerful geospatial analytics and visualization packages along with inertial GPS capabilities for precise location and quantification of leaks.  This powerful system enables natural gas operators to manage their networks to be more safe, clean, and cost-effective than ever before, increasing capital efficiency while simultaneously reducing risk in their infrastructure. Picarro customers are able to find and repair on average three times more leaks in half the time, reduce emissions by over 30% each year, and efficiently prioritize pipelines for replacement. This has resulted in over twice the number of leaks being remediated per dollar spent in capital replacement projects, thereby further reducing emissions and operations costs.

About Picarro, Inc.
Picarro is the industry leader in advanced leak detection and emissions quantification for natural gas distribution. Picarro’s hardware-enabled P-Cubed Software combines mobile methane emissions measurements and other data sources with powerful analytics, enabling natural gas operators to manage their networks to be more safe, clean and cost-effective than ever before, increasing capital efficiency while simultaneously reducing operational and environmental risks in their infrastructure. 
For more information on Picarro’s gas asset management solutions, visit: energy.picarro.com.

About the Environment + Energy Leader Awards
For nearly a decade, the Environment + Energy Leader Awards have celebrated excellence in the world of environmental, sustainability and energy management. Award winners are truly buzz-worthy, and companies that sport a Top Project or Top Product of the Year Award badge are known to be the best of the best. When other companies are seeking a sustainability or energy management solution, they know that E+E Product of the Year Award winners offer a significant group of products, vetted by experts, to peruse for help in making their decisions. Project of the Year Award winners are known to illustrate how sustainability and energy management projects can successfully help other companies improve the bottom line. To view all winners — along with a list of expert judges — download the e-book here.

Contact:
Siiri Hage
Vice President of Marketing and Communications
Picarro, Inc.
shage@picarro.com