New Sunverge Infinity Extends Energy Management Platform to Third-Party Energy Storage Systems

The Sunverge Infinity allows energy service providers, utilities and energy retailers to offer their customers a variety of storage hardware options for their homes and small businesses. Customers can choose the configuration they prefer and enjoy the benefits of backup power, bill savings and additional services that Sunverge's own storage systems have delivered to end users for nearly a decade.

"Storage technology realizes its full potential when individual units can be centrally managed and aggregated," said Ken Munson, CEO of Sunverge Energy. "Sunverge Infinity is the link between our powerful software platform and the growing number of battery and inverter options out there. It creates greater choice for consumers along with offering more powerful management options for providers."

The Sunverge Infinity streamlines Virtual Power Plant (VPP) management for utilities dealing with increasing numbers of distributed energy resources (DERs) on their grids. With it, grid operators can access a much larger pool of solar and storage assets as part of a VPP while providing the same performance and reliability when dispatching these resources.

"Electric utilities are increasingly investigating impacts on the grid resulting from the two-way flow of energy," said Brett Simon, GTM Research Analyst. "Software for DER management and aggregation is critical to ensuring both a resilient grid in the face of changing architecture, as well as enabling the most efficient utilization of these resources."

The Sunverge Infinity is based on the same software architecture as the Sunverge One™, formerly known as the Solar Integration System, which is used by nearly 1,000 homeowners in five countries. Limited releases of the Sunverge Infinity will be available in Australia in Q1. The product will be commercially available in Q2 and sold through a network of Sunverge sales partners and partner companies in the U.S., Canada and Australia. The retail price will be calculated based on a customized package of system components which may include the photovoltaic system, battery inverter, energy management and third-party energy storage unit, plus the cost of installation.

"We've seen the steady growth of storage across the globe because it adds tremendous value to solar installations, increasing reliability, cutting bills and reducing payback times," Munson said. "Sunverge Infinity represents another innovative advance from Sunverge, the kind we've been bringing to market since our launch."

About Sunverge Energy

San Francisco and Brisbane, Australia–based Sunverge Energy allows homeowners efficient management of their own renewable energy generation and helps utilities, retailers and solar power providers manage those renewable power sources and aggregate them into virtual power plants across neighborhoods, communities and entire service areas — reliably, effectively and intelligently. Founded in 2009, the company makes the Sunverge One, a fully integrated energy storage system, and the Sunverge Infinity, an energy management platform for managing third-party distributed energy resources. The Sunverge One and Sunverge Infinity increase energy reliability, strengthen the grid, and accelerate the adoption and integration of distributed renewable energy. Investors include AGL, the Southern Cross Renewable Energy Fund backed by the Australian Renewable Energy Agency (ARENA) and SB China Venture Capital (SBCVC), MITSUI & Co., Siemens Venture Capital, Total Energy Ventures International and VisIR. For more information, please visit www.sunverge.com.

Sunverge, the Sunverge Logo, Sunverge One and Sunverge Infinity are trademarks or registered trademarks of Sunverge Energy Corporation in the U.S. and other countries. All Rights Reserved.

SOURCE Sunverge Energy

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