A microgrid specialty company that’s moving from North Carolina to Eugene plans to hire dozens of Oregon workers.
Green Energy Corp., which both designs microgrids and provides the GreenBus software that manages the systems, has a “$2 billion pipeline of vetted projects in various states of readiness” said Shawn Mohr, the company’s chief sales and marketing officer.
One offering, the company’s GreenBus software, helps encourage “sustainable energy development through renewable-centric microgrids” said David Tam, the company’s president.
“This is the future of the energy industry,” said Peter Gregory, the company’s founder and chairman. “It supports sustainable and renewable energy technology while protecting threats to” larger, utility or public-managed grids.
A microgrid is a combination of energy resources that are stored in one space. They operate as stand-alone systems that can be connected to larger grids.
Backers say microgrids are reliable, cost-effective and able to accommodate renewable energy types. The systems can further provide hedges against catastrophic events that strike utility grids.
Green Energy Corp. holds the only system-wide microgrid patent in the U.S. It has also designed 22 microgrids and has built four of them.
It also offers the GreenBus platform, which helps microgrids operate at their peak efficiency levels and connect to or disconnect to a larger grid.
Green Energy Corp. is targeting developers and the country’s growing number of eco-districts for its services.
Walmart and Apple have incorporated microgrids into their store and corporate design schemes, according to the Green Energy Corp. team.
Among Green Energy’s project is a an $18 million endeavor in Borrego Springs, Calif. for San Diego Gas & Electric, provide a total peak demand of 4.6 megawatts, which supplies power to approximately 3,000 users.
One project, an $18 million endeavor in Borrego Springs, Calif. for San Diego Gas & Electric, provide a total peak demand of 4.6 megawatts, which supplies power to approximately 3,000 users.
Navigant Research has dubbed Green Energy Corp. a “game-changing software company.” The researcher projects that the energy storage in microgrids market will grow from $662 million this year to more than $4 billion in 2024.
As it moves from Raleigh, N.C. to Eugene, Green Energy Corp. is finishing a funding round and looking to hire engineers and other workers. The company says it has forged partnerships with Duke Power and Redhat, among other energy giants.
This is reprinted from Sustainable Business Oregon. For more information on the report, click here