03 Oct Zenergy extends brand to newly acquired Texas business; ConEd, Johnson Controls joint venture eyes opportunities on both sides of the meter; Companies announce smart microgrid blockchain program
Zenergy extends its brand name to recent Enertrade acquisition. Zenergy Brands announced it has finalized the name change for its newly acquired retail electric provider, Texas-based Enertrade Electric, doing business as Shyne Energy, to Zenergy Power & Gas with the Public Utility Commission of Texas. The company announced the acquisition in April after a year of negotiations leading up to the transaction. The name change is the first step in Zenergy’s long-term mission to converge the sectors of smart home controls/building automation systems, energy conservation/efficiency services, and retail electricity and natural gas under the company’s “virtual utility” brand. “With a licensed REP under our belt, we believe that we are more poised than ever to become the premier provider of smart controls, on-site energy storage, and retail energy services for both residential and commercial customers,” said Mr. Alex Rodriguez, Zenergy President & CEO. “Our newfound ability to cross-sell and up-sell our smart home controls and systems with our retail energy products and services allows for a whole new avenue of marketing possibilities.”
JV on battery storage tech announced by ConEd, Johnson Controls. The clean energy subsidiary of New York’s Consolidated Edison utility and Johnson controls inked a joint venture agreement on battery storage technology. ConEd Solutions will be the joint ventures majority owner and operating partner while Johnson Controls will participate as a minority owner and contribute its intellectual property for battery management systems and controls. “With this joint venture, we are creating even more opportunity to take advantage of growth in both the behind-the-meter and front-of-meter market,” said Johnson Controls Chairman and CEO George Oliver.
Companies link up to to develop smart microgrid blockchain venture. Arensis and Schneider Electric are jointly developing a smart microgrid blockchain program for Entrade. The platform will be for the sale of renewable energy as well as off-grid project financing, particularly targeting remote areas across the world.
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