Intelligent Energy Storage Solution One of the Twenty Most Innovative Firms Working to Architect the Electric Power Industry’s Future
SANTA CLARA, Calif. (April 23, 2015)– Green Charge Networks was named to Greentech Media’s Grid Edge 20 today as one of the twenty most innovative firms working to architect the electric power industry’s future. Awardees were selected based on their contribution to grid edge technology transformation, increasingly critical at a time when utility business models are facing change and more distributed energy resources are coming online.
“Green Charge Networks specializes in intelligent energy storage for retail, schools, and industrial customers,” said Vic Shao, CEO of Green Charge Networks.” One of the key drivers for adoption is electric demand charge – a rising cost that affects nearly all business owners in the United States. We’ve set out to make distributed energy storage effortless for customers with our innovative shared savings business model. The proof is the in the results. In Q1 2015 we have signed up more customers than the entire history of the company.”
Greentech Media – with extensive industry reach and analytical expertise – leveraged ongoing interaction with power utilities as well as energy stakeholders and other thought leaders to identify the Grid Edge 20. Greentech Media’s Grid Edge Executive Council members also voted to help determine the final award recipients.
“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.”
The Grid Edge 20 is part of the Grid Edge program at Greentech Media, which includes original research from GTM Research, the Grid Edge Executive Council, events such as Grid Edge Live 2015, and ongoing news and multimedia coverage.
About Greentech Media
Greentech Media delivers business-to-business news, market analysis and conferences that inform and connect players in the global clean energy market. Our coverage area extends across the clean energy industry with a focus on solar power and the electric utility market’s evolution. Greentech Media’s industry-leading coverage is provided by a team of analysts from our market intelligence arm, GTM Research, as well as our world-class journalists and global network of expert contributors. Learn more at www.greentechmedia.com.
About Green Charge Networks (Green Charge)
Green Charge provides the easiest way to save energy costs for commercial and industrial businesses, municipalities and schools. Our award-winning solution delivers industry leading savings, up to 50 percent in demand charges. We provide risk-free financed energy storage and software that time-shifts power use, and optimizes electric vehicle charging, solar and energy efficiency measure. Founded in 2009 Green Charge is headquartered in Santa Clara, Calif., with offices in NYC.
Green Charge Networks, LLC