Sunverge Energy Named to Greentech Media’s Grid Edge 20

SAN FRANCISCO – April 23, 2015 – Sunverge Energy, Inc., today announced it was named to Greentech Media’s “Grid Edge 20” list for its role in transforming the electric power industry. Sunverge was selected based on its contribution to grid edge technology transformation through new products, disruptive strategies and forward-looking vision. The company’s Solar Integration System (SIS), an integrated energy storage platform, has been recognized as a critical element at a time when utility business models are facing unprecedented change and more distributed energy resources are coming online. “We’re honored to be named to the prestigious Grid Edge 20 list and recognized for our success in defining the market for integrated energy storage platforms,” said Ken Munson, President & CEO of Sunverge Energy. “This award further validates our vision to provide homeowners and businesses with cost-effective, reliable distributed energy resources while partnering with visionary utilities to make the electrical grid stronger and more resilient.” Grid Edge 20 companies were selected based on feedback from power utilities, as well as energy stakeholders and other thought leaders. “The Grid Edge 20 is an annual benchmark for our industry,” said Steve Propper, Director of Grid Edge at Greentech Media. “This year’s group is made up of technology vendors making the greatest impact on the market in terms of deploying disruptive solutions commercially. It also includes utilities making smart investments to optimize their distribution network architecture and prepare for the future architecture of the grid.” In partnership with more than a dozen utilities, the Sunverge Energy solar plus storage platform has been deployed to more than 400 customers globally and has surpassed 4MWh of energy storage capacity. “The continued success of our utility-grade energy storage solution, and our proven ability to safely and reliably improve the performance of the grid, are hallmarks of our company,” shared Dean Sanders, co-founder and CTO of Sunverge. “We set out to achieve something that had never been done before, developing a customer-sited, behind-the-meter energy storage platform, which brings the benefits of rooftop solar and storage at significant scale to utilities. We’re pleased an industry organization the caliber of Greentech Media has recognized our accomplishment and supports our vision.”