Provides a cloud-native platform for monitoring, controlling, and optimizing distributed energy resources and utility-scale assets. It enables stakeholders, including homeowners, energy retailers, and developers, to improve energy management, reduce costs, and maximize the value of renewable energy systems through advanced data integration and orchestration tools.
Funding
$25.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The increasing adoption of distributed energy resources (DERs) like solar and batteries creates complexity for homeowners, businesses, and utilities in managing energy flow, optimizing performance, and maximizing the value of these assets. Existing energy management systems often lack the sophistication to handle the dynamic nature of renewable energy generation and consumption, leading to inefficiencies and missed opportunities.
Solution
Evergen provides a cloud-native software platform that enables the monitoring, control, and optimization of DERs and utility-scale assets. The platform uses advanced data integration and orchestration tools to improve energy management, reduce costs, and maximize the value of renewable energy systems. By providing cloud-to-cloud connectivity, Evergen ensures that all stakeholders across the renewable energy chain have access to the information they need to make informed decisions about their energy usage and production.
Target Audience
Evergen serves original equipment manufacturers (OEMs), installers, homeowners, commercial and industrial (C&I) sites, utility-scale asset owners, energy retailers, network operators, and property developers.
Features
- Cloud-native platform for real-time monitoring and control of DERs
- Advanced optimization algorithms for behind-the-meter (BtM) and front-of-meter (FoM) assets
- Integration with a wide range of DERs, including solar PV, battery storage, and electric vehicles
- Support for virtual power plant (VPP) applications, enabling aggregation and dispatch of DERs
- White-label options for OEMs and energy retailers
- APIs for integration with existing utility systems and data platforms
- Home Energy Management System (HEMS) to support households in managing electricity demand and optimizing the benefits of their solar and battery investment.
- Distributed Energy Resource Management System (DERMS) software