Sunverge Energy Names Matt Lugar Head of Sales and Business Development

SAN FRANCISCO (September 29, 2015) – Matt Lugar, a longtime leader in the solar industry, has been named Vice President of Sales and Business Development at Sunverge Energy, a leader in intelligent energy storage systems. Lugar brings more than 20 years of energy technology and solar industry experience. He most recently served as Vice President of Global Sales and Marketing at energy technology firm QBotix.

As Vice President of Sales and Business Development at Sunverge, Lugar is responsible for executing the company’s aggressive growth plans and increasing market share in the rapidly growing distributed energy resource space. He also oversees the end-to-end customer experience and ensuring the highest levels of customer satisfaction.

“We welcome Matt’s energy industry experience and leadership to the Sunverge community,” said Ken Munson, co-founder and CEO of Sunverge Energy. “Matt’s commitment to customer success coupled with his track record of developing high performance teams and consistently achieving business results will play a pivotal role in our business success.”

“Sunverge has established itself as a pioneer and leader at the nexus of energy storage and solar energy in an era when utilities and energy users alike recognize the growing need for intelligent distributed grid solutions. The company’s early track record for success with both hardware and software products around the world proves there is tremendous demand for energy storage systems and Sunverge is well positioned to meet this demand,” said Lugar. “I’m honored and excited to bring my skills and experience to this exciting organization.”

Prior to his position as Vice President of Global Sales and Marketing at QBotix where he and his team successfully executed close to 150MW of supply contracts on three continents prior to product commercialization, Lugar served as Senior Vice President of Sales and Marketing at Stellar Energy, and was a founding member and Vice President of Channel Sales and Business Development at Tioga Energy. Lugar has also held leadership positions with Sharp, Entergy Corporation, and Hutton Communications during his career.

About Sunverge Energy

San Francisco-based Sunverge Energy was founded in 2009 with the vision of integrating solar, storage, and smart management software to maximize value for both electricity consumers and providers. The company makes the Sunverge Solar Integration System (SIS), a distributed energy storage and management appliance composed 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 Southern Cross Venture Partners, Siemens Venture Capital, Softbank China Venture Capital, and Total Energy Ventures International. For more information, please visit www.sunverge.com.