ADA Carbon Solutions

Convergent

Sector Electricity Infrastructure
Locations North America
Status Current
Date of investment June 2019

A provider of energy storage solutions in North America


Energy storage is the linchpin of the clean energy transition and Convergent is developing a more sustainable, cost-effective, and reliable electric grid.

 

To learn more about the company, click here.

Convergent Energy and Power (Convergent) is a leading provider of energy storage solutions in North America. Convergent has over a decade of experience financing and managing all aspects of the energy storage development cycle to help customers reduce electricity costs and increase reliability. The company’s commercial, industrial, and utility-scale assets can yield seven-figure savings while advancing the clean energy transition. The company has over $1bn invested in or committed to assets in operation or under development across North America.

 

Convergent’s AI-powered energy storage intelligence, PEAK IQ®, makes data-driven decisions about when and how to charge and discharge energy storage systems for optimal value creation. Batteries do not generate power; batteries store power. As a result, knowing when to charge and discharge a battery storage system is critical. PEAK IQ® helps customers reduce and forecast their energy costs while decreasing their carbon footprints.

 

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