Purchase Enables ENGIE to Unlock More Value From Distributed Storage and Solar Portfolios
HOUSTON, July 31, 2019 /3BL Media/ – Houston – ENGIE North America Inc. announced the acquisition of Genbright LLC of Hingham, MA, a company pioneering the integration of distributed energy resources into wholesale electricity markets. The purchase enables ENGIE and its DER businesses, including ENGIE Storage, to further the adoption and growth of DERs within markets throughout the United States.
By strategically sourcing electricity in an integrated way that includes both renewable and conventional power, companies can simultaneously save money, stabilize and better forecast costs and budgets, plan for volatility and meet their environmental goals. Our market specialists have responded to some of the most common questions we receive about energy convergence.
Download the Common Questions About Energy Market Convergence guide here.
January 20, 2014 /3BL Media/ - Revenues for the building energy management solutions market will grow by 19 percent over the next four years. That’s according to a forecast by TechSci Research, a market research firm. That projected double-digit rise will take place mostly in North America says the report, due to a combination of progressive government policies and a larger number of “smart” buildings.
January 9, 2013 /3BL Media/ - South Africa may not be the country that comes first to mind when reviewing the global growth of renewable energy. However, recent data suggests that it’s on track to become one of the fastest growing renewable energy markets in the world. In 2012, renewable sources made up less than one percent of South Africa’s energy mix.