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Swell Energy Inc. Acquires Renu Energy Solutions to Expand Virtual Power Plant Footprint to Key Markets

Swell Energy Inc. Acquires Renu Energy Solutions to Expand Virtual Power Plant Footprint to Key Markets

02/07/24, 11:05 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsanta monica
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Industry
renewable energy
renewable energy
Swell Energy Inc., a leading energy management and grid solutions provider, has acquired Renu Energy Solutions, a Carolina-based company that offers customized residential and commercial solar and energy storage solutions. This acquisition aims to combine operational and technological capabilities to expand the deployment of Virtual Power Plants (VPPs) in key energy markets, particularly in the Southeast and mid-Atlantic region.

Company Info

Company
Swell Energy
Location
Santa Monica, California, United States
Company info
Swell Energy is creating a greater grid for the greater good. The energy management and smart grid solutions provider is accelerating the mass adoption of distributed clean energy technologies by enabling consumers to take control of their energy use and cost, achieve energy security, and participate in the transactive grid. Swell Energy provides homeowners and businesses with financing and virtual power plant programs, while partnering with trusted local solar and solar+storage companies for seamless, high-quality installations. By creating a critical mass of dynamic and responsive clean energy resources within utility service areas across the United States, Swell Energy also delivers resilient virtual power plant networks and grid-balancing services to utilities, which are fundamental to our future, carbon-free, distributed renewable energy system. For more information, visit www.swellenergy.com.

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