Voltus

Voltus

  • Edit
DateInvestorsAmountRound
-

N/A

-

$10.1m

Series A

$25.0m

Series B

$31.0m

Series C
*

$345m

Valuation: $1.3b

SPAC IPO
*

$100m

Valuation: $1.3b

SPAC Private Placement
Total FundingAUD257m

Recent News about Voltus

Edit
More about Voltusinfo icon
Edit

Voltus is a pioneering company in the energy sector, specializing in the operation of virtual power plants and the management of distributed energy resources (DERs). The company serves a diverse range of clients, including commercial, industrial, and residential sectors, as well as DER owner-operators. Voltus operates in the rapidly evolving clean energy market, focusing on demand response and grid stability services.

Voltus's business model revolves around paying its clients to reduce their energy consumption during peak demand times or when the grid is under stress. This process, known as demand response, helps prevent blackouts and grid disruptions while promoting a more reliable and sustainable energy system. By participating in Voltus's programs, clients can earn money and save on energy costs through various mechanisms, such as capacity payments, ancillary services, and demand charge avoidance.

The company has an impressive track record, managing 5.8 gigawatts (GW) of distributed energy resources and executing over 7,500 dispatches to support grid stability. Voltus's clients benefit from participating in 60 different programs designed to optimize energy usage and financial returns. The company has paid out $100 million in value to its customers, demonstrating its commitment to delivering tangible benefits.

Voltus's team is composed of 275 dedicated professionals with a combined 150 years of experience in the energy industry. Their expertise has enabled the company to bring over 15,000 megawatts (MW) to market, reinforcing Voltus's position as a leader in the clean energy transition.

In summary, Voltus is a key player in the clean energy market, offering innovative solutions that help clients save money, reduce energy consumption, and support grid stability. The company's focus on demand response and distributed energy resources positions it as a vital contributor to a more sustainable and reliable energy future.

Keywords: virtual power plant, distributed energy, demand response, grid stability, clean energy, energy savings, commercial clients, industrial clients, residential clients, sustainability.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.