Sunverge Customer United Energy wins energy innovation award

PRESS RELEASE

BRISBANE, AUSTRALIA (July 28, 2016) – Sunverge Energy, a leading provider of intelligent energy storage systems for residences and small businesses, today congratulated its customer United Energy (UE) for winning the 2016 Innovation award from the Australia Clean Energy Council.

UE worked with Sunverge and Energy Makeovers to install 50 kilowatts of solar and storage on its distribution network, along with Sunverge’s cloud-based control software, to help shave off peak demand and reduce the need to deploy additional poles and wires. UE is able to operate the individual storage units remotely, with the software automatically using or storing solar energy throughout the day and employing it evenings to offset peak demand.

“United Energy is at the forefront of the next energy revolution,” said Phil Keogan, General Manager of Asia Pacific Operations at Sunverge Energy. “We’re honored to partner with them on this important and innovative project and look forward to working with the utility to deliver additional benefits to their customers and the local grid.”

Sunverge designs and manufactures advanced intelligent energy storage systems that allow utilities to automatically execute demand response programs on an individual customer level or link them into “Virtual Power Plants” to meet peak energy demand across an entire community or service area. This unprecedented level of coordination, provided via a flexible cloud-based platform, will make possible the transition to Power-as-a-Service and more intelligent, automatic and efficient management of distributed energy resources.

Accepting the award on behalf of UE and Sunverge, VisIR CEO and Sunverge investor Joseph O’Brien commented “our industry needs to be thoughtful about how we engage with customers…deploying batteries that aren’t fully integrated with the electricity network infrastructure and wholesale markets is like selling computers that can’t connect to the internet”.

Sunverge had deployed more than 360 Solar Integration Systems in Australia and New Zealand, which have reduced peak load 48 percent and provided more than 6,100 hours of backup power over the past 12 months.