sunverge.com
Sunverge Energy is a California-based company that optimizes the value of renewable energy by leveraging the practical advantages of distributed generation, storage, and software-as-a-service. Sunverge serves its thousands of customers by adopting a cloud-services delivery model for energy. Each SIS storage appliance provides power and energy services at the site where it is deployed. At the same time, reserve energy from every SIS under management is aggregated and pooled in the cloud. From this ‘virtualized’ pool, utilities and third-parties can reserve energy in advance, and can also request energy in real-time. Sunverge cloud energy services work continuously to balance grid demands by shifting resources to where they are needed most, optimizing how energy is captured and delivered.
Sunverge Energy is a California-based company that optimizes the value of renewable energy by leveraging the practical advantages of distributed generation, storage, and software-as-a-service. Sunverge serves its thousands of customers by adopting a cloud-services delivery model for energy. Each SIS storage appliance provides power and energy services at the site where it is deployed. At the same time, reserve energy from every SIS under management is aggregated and pooled in the cloud. From this ‘virtualized’ pool, utilities and third-parties can reserve energy in advance, and can also request energy in real-time. Sunverge cloud energy services work continuously to balance grid demands by shifting resources to where they are needed most, optimizing how energy is captured and delivered.
Location: United States, California, San Francisco
Employees: 51-200
Total raised: $62.5M
Founded date: 2009
Investors 5
| Date | Name | Website |
| - | Ecosystem ... | eif.vc |
| - | Evergy Ven... | evergyvent... |
| - | Southern C... | sxvp.com |
| - | The Ecosys... | ecosystemi... |
| - | TotalEnerg... | ventures.t... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 07.08.2019 | - | $11M | - |
| 10.02.2016 | Series C | $36.5M | - |
| 18.06.2014 | Series B | $15M | - |
Mentions in press and media 24
| Date | Title | Description |
| 20.12.2021 | PJM Interconnection okays first virtual power plant in its wholesale market | PJM Interconnection okays first virtual power plant in its wholesale market By Chris Crowell December 20, 2021 View Profile Distributed energy resource (DER) control and aggregation platform provider Sunverge and Delmarva Power, an Exelon C... |
| 01.12.2021 | Sunverge, LG team on VPP pilot program that includes load control | Sunverge, LG team on VPP pilot program that includes load control By Chris Crowell December 1, 2021 View Profile LG Electronics USA and Sunverge Energy are collaborating on a groundbreaking residential virtual plant project with customers i... |
| 25.08.2021 | Sunverge : Announces Strategic Partnership with Simply Energy, Nissan Australia and Wallbox to Deliver Electric Vehicle-to-Home and Electric Vehicle-to-Grid Services | Sunverge, the provider of an industry-leading distributed energy resource (DER) real-time control, orchestration and aggregation platform, today announced a strategic partnership with Simply Energy, Nissan Australia, and Wallbox, a provider... |
| 23.06.2021 | Virtual power plant project gets underway in Maryland demonstration | Sunverge said that it and Maryland-based Delmarva Power kicked off the 0.55 MW / 2.2 MWh capacity Elk Neck Battery Storage Pilot Program. The utility selected Sunverge for the project in a competitive bid process in 2020. The project receiv... |
| 22.11.2019 | Hardware – energy storage – brief: Sunverge+LG, SMA+Dynapower, Cybertruck (Updated), more! | There’s a story on Dynapower coming soon – going to do a site visit at a recently inaugurated site – and I’m going to teach you about their new Reverse DC-Coupled PV+S hardware. Today though, we get to learn about SMA+Dynapower working toge... |
| 12.08.2019 | Distributed Energy Resource Platform Company Sunverge Closes $11 Million | Distributed Energy Resource (DER) control and aggregation platform company Sunverge recently announced that it closed $11 million in funding Sunverge — the provider of an industry-leading Distributed Energy Resource (DER) control and aggreg... |
| 07.08.2019 | Sunverge Secures $11M Capital Raise | SAN FRANCISCO, CA, Sunverge announced an $11 million capital raise. The round was led by Ecosystem Integrity Fund. >> Click here for more funding data on Sunverge Energy >> To export Sunverge Energy funding data to PDF and E... |
| 07.08.2019 | Sunverge raises $11 million to expand its DER control, aggregation platform | The global energy landscape is undergoing a rapid transition and transformation. The latest FERC report shows generation from renewables outpacing nuclear and traditional generation methods, with additional momentum expected to continue thr... |
| 07.08.2019 | Sunverge Raises $11M in Funding | Sunverge, a San Francisco, CA-based provider of a Distributed Energy Resource (DER) control and aggregation platform, raised $11m in funding. The round was led by Ecosystem Integrity Fund with participation from Equinor Energy Ventures and ... |
| 10.05.2017 | New solar+storage partnership coming from PetersenDean Roofing, Sunverge | New solar+storage partnership coming from PetersenDean Roofing, Sunverge By Chris Crowell May 10, 2017 View Profile Leading energy storage developer Sunverge Energy and national solar installer PetersenDean Roofing & Solar are partnerin... |
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