VisIR CEO & Sunverge Board Member Joseph O’Brien accepting the Energy Innovation award on behalf of UE and Sunverge
BRISBANE, AUSTRALIA (July 28, 2016) – Sunverge Energy, a leading provider of intelligent energy storage systems for residences and small businesses, today congratulated its customer United Energy (UE) for winning the 2016 Innovation award from the Australia Clean Energy Council.
UE worked with Sunverge and Energy Makeovers to install 50 kilowatts of solar and storage on its distribution network, along with Sunverge’s cloud-based control software, to help shave off peak demand and reduce the need to deploy additional poles and wires. UE is able to operate the individual storage units remotely, with the software automatically using or storing solar energy throughout the day and employing it evenings to offset peak demand.
“United Energy is at the forefront of the next energy revolution,” said Phil Keogan, General Manager of Asia Pacific Operations at Sunverge Energy. “We’re honored to partner with them on this important and innovative project and look forward to working with the utility to deliver additional benefits to their customers and the local grid.”
Sunverge designs and manufactures advanced intelligent energy storage systems that allow utilities to automatically execute demand response programs on an individual customer level or link them into “Virtual Power Plants” to meet peak energy demand across an entire community or service area. This unprecedented level of coordination, provided via a flexible cloud-based platform, will make possible the transition to Power-as-a-Service and more intelligent, automatic and efficient management of distributed energy resources.
Accepting the award on behalf of UE and Sunverge, VisIR CEO and Sunverge investor Joseph O’Brien commented “our industry needs to be thoughtful about how we engage with customers…deploying batteries that aren’t fully integrated with the electricity network infrastructure and wholesale markets is like selling computers that can’t connect to the internet”.
Sunverge had deployed more than 360 Solar Integration Systems in Australia and New Zealand, which have reduced peak load 48 percent and provided more than 6,100 hours of backup power over the past 12 months.
About Sunverge Energy
San Francisco and Brisbane, Australia-based Sunverge Energy allows homeowners efficient management of their own renewable energy generation and helps utilities, retailers and solar power providers manage those renewable power sources and aggregate them into Virtual Power Plants across neighborhoods, communities and entire service areas — reliably, effectively and intelligently. Founded in 2009, the company makes the Sunverge Solar Integration System (SIS), a distributed energy storage and management appliance comprised of powerful storage batteries, power electronics, and system-management software running in the cloud. The Sunverge SIS lowers costs, increases energy reliability, strengthens the grid, and accelerates the adoption and integration of distributed renewable energy. Investors include AGL, the Australian Renewable Energy Agency (ARENA), Kokam, MITSUI & Co., Siemens Venture Capital, Softbank China Venture Capital (SBCVC), Total Energy Ventures International and VisIR. For more information, please visit www.sunverge.com.
