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About Voltus
Industries
Energy
Social Impact
Company Size
201-500
Company Stage
N/A
Total Funding
$161.6M
Headquarters
San Francisco, California
Founded
2016
Overview
Voltus operates in the energy sector by managing virtual power plants and distributed energy resources (DERs). The company helps clients, including businesses and homeowners, reduce their energy use during peak demand times, which is known as demand response. This process not only helps prevent blackouts but also promotes a more stable and sustainable energy system. Clients can earn money and save on energy costs by participating in Voltus's programs, which include various financial incentives. With a strong track record of managing 5.8 gigawatts of DERs and executing over 7,500 dispatches, Voltus stands out by offering 60 different programs that optimize energy usage. The company has paid out $100 million to its customers, showcasing its commitment to delivering real benefits. Voltus aims to support the clean energy transition by providing solutions that help clients save money, reduce energy consumption, and enhance grid stability.
Simplify's Take
What believers are saying
- Partnerships with Enertiv and Branch Energy create new revenue and savings opportunities.
- Neil Chatterjee's advisory role enhances regulatory leverage for DER market participation.
- Selection as Virginia's demand response provider highlights state-level energy strategy recognition.
What critics are saying
- Competition from other virtual power plant operators like CPower may dilute market share.
- AI Adjuster faces potential data privacy and security challenges, leading to regulatory scrutiny.
- Texas energy market regulations may pose hurdles for Branch Energy partnership.
What makes Voltus unique
- Voltus operates virtual power plants, managing 5.8 GW of distributed energy resources.
- The company offers 60 programs optimizing energy usage and financial returns for clients.
- Voltus's AI Adjuster maximizes demand response revenue through real-time load flexibility predictions.
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Funding
Total Funding
$161.6M
Above
Industry Average
Funded Over
5 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Unlimited Paid Time Off
Phone/Internet Stipend
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -1%By integrating Voltus's demand response capabilities with Enertiv's operational intelligence platform, the collaboration offers new revenue opportunities and energy savings for commercial real estate stakeholders.
SAN FRANCISCO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Voltus, Inc. (Voltus), the leading virtual power plant operator (VPP) and distributed energy resource (DER) platform, today announced that former Commissioner and Chairman of the Federal Energy Regulatory Commission (FERC), Neil Chatterjee, has joined Voltus as a Strategic Advisor. In this role, Chatterjee will help the company realize DER market participation opportunities enabled by FERC Order Number 2222, a groundbreaking Order issued under his chairmanship in 2020. “With 2222, Chairman Chatterjee set in motion the next chapter of the VPP industry’s growth,” said Voltus CEO Dana Guernsey. “We are proving that empowering customers to deliver grid services produces significant grid reliability, affordability, and decarbonization outcomes
This partnership integrates Voltus's platform - which monetizes every type of DER by connecting them to wholesale electricity markets - with Branch Energy's demand management software.
SAN FRANCISCO, Sept. 10, 2024 (GLOBE NEWSWIRE) - Voltus, Inc. (Voltus), the leading distributed energy resource (DER) software platform and virtual power plant (VPP) operator, today announces the launch of AI Adjuster, a new feature of the Voltus platform that maximizes demand response (DR) revenue for customers by adjusting their DR participation in response to real-time predictions of customer load flexibility.
Today, Auradine, a Silicon Valley-based Bitcoin miner manufacturer, has strategically partnered with virtual power plant providers CPower and Voltus.
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About Voltus
Industries
Energy
Social Impact
Company Size
201-500
Company Stage
N/A
Total Funding
$161.6M
Headquarters
San Francisco, California
Founded
2016
Voltus is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today