SAN FRANCISCO, Jan. 8, 2015 /PRNewswire/ -- Sunverge Energy, Inc., a leader in distributed energy storage solutions, today announced it has been named as one of the Top 50 Most Promising Utilities Technology Solution Providers in 2014 by CIOReview magazine. The list is in recognition of companies whose innovative solutions leverage technology to deal with challenges in the current utility landscape, thereby helping customers to optimize their investments and deploy new capabilities.
"We're pleased to be included among CIOReview's list of promising technology innovators that serve the Utilities industry," said Ken Munson, CEO of Sunverge. "Recognitions such as this help validate our model of building applications and integrations atop a platform which puts operational control of distributed energy resources into the hands of the utility. We've worked hard over the last several years to develop a robust and feature-rich energy storage technology solution and we now have over 3.5MWh of distributed storage deployed operating at over 98 percent uptime."
"Sunverge has been on our radar for some time now for stirring a revolution in Utilities technology and we are happy to showcase them this year due to their continuing excellence in delivering top-notch technology-driven-solutions," said Pradeep Shankar, Editor-in-Chief, CIOReview. "Sunverge's solutions continued to break new ground within the past year benefiting its customers around the globe and we're excited to have them featured on our top companies list."
The technology solution evaluated and recognized by CIOReview was the Sunverge Solar Integration System (SIS), a simple, intelligent and cost-effective platform which combines batteries, power electronics, multiple energy inputs and cloud-based software controls and analytics in a UL certified appliance for use by utilities and developers to aggregate, monitor, and control distributed generation and energy storage assets. "Our unique combination of value-added features and capabilities enables utilities to improve grid efficiency and resiliency," added Munson. "This provides energy consumers a more reliable and cost‐effective energy service and strengthens the utilities' relationship with its customers."
For more information, please visit www.sunverge.com.
SOURCE Sunverge Energy, Inc.