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CPower Energy

Founded Year



Acq - Fin - II | Alive

Total Raised


About CPower Energy

CPower Energy is an energy management company. It offers solutions such as energy efficiency, energy storage, energy management, and more. It provides solutions for the healthcare sector, educational sector, government, and more. It was founded in 2014 and is based in Baltimore, Maryland.

Headquarters Location

1001 Fleet Street Suite 400

Baltimore, Maryland, 21202,

United States


CPower Energy's Product Videos

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CPower Energy's Products & Differentiators

    EnerWise™ Site Optimization

    EnerWise Site Optimization uses artificial intelligence (AI) to model facilities’ historical and real-time energy usage and analyze dynamics across wholesale energy markets, to create a customized hourly allocation schedule that maximizes the value of each energy asset. It augments the revenues received from capacity by stacking and automating energy and ancillary service programs that generate incremental financial returns to demand response customers.

Expert Collections containing CPower Energy

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

CPower Energy is included in 1 Expert Collection, including Smart Cities.


Smart Cities

4,534 items

Smart building tech covers energy management/HVAC tech, occupancy/security tech, connectivity/IoT tech, construction materials, robotics use in buildings, and the metaverse/virtual buildings.

CPower Energy Patents

CPower Energy has filed 1 patent.

patents chart

Application Date

Grant Date


Related Topics




Fluid dynamics, Aerodynamics, Energy conversion, Electrical generators, Power station technology


Application Date


Grant Date



Related Topics

Fluid dynamics, Aerodynamics, Energy conversion, Electrical generators, Power station technology



Latest CPower Energy News

California, CPower, Enel, AutoGrid, Voltus dominate virtual power plant market: WoodMac

Mar 31, 2023

Published March 31, 2023 Dive Brief: More than a quarter of  virtual power plants in North America are in California, which hosts more than the next three states combined, according to an analysis released Wednesday by Wood Mackenzie. The four largest virtual power plant managers, which all operate in California, have together amassed 4,000 MW. Each would rank among the nation’s top 10 largest independent power producers, according to Wood Mackenzie. As one of the first states to adopt virtual power plants, California has had more time to establish virtual power plant programs, said Mark Dyson, managing director of the VP3 virtual power plant industry coalition at RMI. But market dynamics have also accelerated the formation of virtual power plants in California, said Wood Mackenzie analyst Ben Hertz-Shargel. Dive Insight: California is coming to dominate the virtual power plant market just as it has solar and other renewable energy technologies, according to Wood Mackenzie. The state is home to some 140 of the 500 virtual power plants operating in North America, the Wood Mackenzie report said. It defines a virtual power plant any initiative that aggregates distributed energy resources to provide services to utilities and wholesale energy markets. Most virtual power plants incorporate some combination of smart thermostat control, direct load control, battery storage, EVs, solar and distributed generation, according to the report. The largest virtual power plant operators, which include CPower , Enel , AutoGrid and Voltus , mostly focus on commercial and industrial customers with direct load control, Hertz-Shargel said. Seven virtual power plant operators have amassed portfolios of over 1 GW. These large virtual power plant operators have mostly focused on providing a positive customer experience for the businesses that enroll in their programs, Hertz-Shargel said. And they’re all doing business in California. Hertz-Shargel said market dynamics are primarily responsible for the rapid adoption of virtual power plants in California. The state has seen energy demand charges surge during peak hours of the year, allowing virtual power plants to save money for participants, while the virtual power plant profits by selling emergency capacity services to utilities and regional transmission organizations. This holds true in the next-largest markets for virtual power plants, which include New York, Texas and the PJM Interconnection service area, he said. But Dyson said California has benefited from being one of the earliest states to adopt virtual power plant programs. “California was the first region to talk about the duck curve, and there are challenges facing California that are pretty distinct compared to what we see in the eastern markets,” Dyson said. “Those challenges create a market for virtual power plants.... But as other states and regions of the country follow along, probably faster than California, they are going to find themselves looking for a new set of solutions just like California has.” Dyson said policy remains the greatest obstacle for deploying virtual power plants. FERC’s order 2222 should go a long way toward unlocking more virtual power plant capacity, he said, by allowing virtual power plants to bid into wholesale markets covered by the order. But virtual power plant operators also need to find ways to make participation in a virtual power plant program easier for consumers, Dyson said. “Industry needs to show up with an easy button,” Dyson said. “We’ve seen different versions of that easy button over the years, but there is still work to be done to make it attractive and frictionless for customers to participate.”

CPower Energy Frequently Asked Questions (FAQ)

  • When was CPower Energy founded?

    CPower Energy was founded in 2014.

  • Where is CPower Energy's headquarters?

    CPower Energy's headquarters is located at 1001 Fleet Street, Baltimore.

  • What is CPower Energy's latest funding round?

    CPower Energy's latest funding round is Acq - Fin - II.

  • How much did CPower Energy raise?

    CPower Energy raised a total of $27.68M.

  • Who are the investors of CPower Energy?

    Investors of CPower Energy include LS Power, H.I.G. Capital, Constellation Home, Intel Capital, Expansion Capital Partners and 8 more.

  • Who are CPower Energy's competitors?

    Competitors of CPower Energy include GridBeyond, Optio3, AutoGrid, Voltus, Stem and 11 more.

  • What products does CPower Energy offer?

    CPower Energy's products include EnerWise™ Site Optimization and 3 more.

  • Who are CPower Energy's customers?

    Customers of CPower Energy include Highland Electric Fleets, Digihost and Scale Microgrid .

Compare CPower Energy to Competitors

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Generac Grid Services offers solar storage solutions and backup generators. It also provides backup generators, virtual power plant technology, and electricity. It was founded in 1959 and is based in Denver, Colorado.

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GridBeyond provides intelligent Energy-as-a-Service using AI, machine learning, and advanced data modeling. Its AI-powered virtual power plant ensures a business's assets are optimized and in the right market by using robotic energy trading. Sub-second monitoring also ensures predictive maintenance and allows for carbon reporting. The company serves customers such as supermarkets, hotels, healthcare, telecommunications, utility, and other companies whose energy costs are a significant part of their overall cost. GridBeyond was founded in 2007 and is based in Dublin, Ireland.


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Voltus manages a customer's participation in demand response programs, generating cash from the operational flexibility of the customer's facilities. Voltus pays a customer more cash to use less energy.

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Enel X

Enel X, an Italy-based business in the energy sector, uses technology to transform energy into new opportunities for its customers. From small-scale to large-scale, Enel X offers services and solutions with a strategy geared towards digitalization, sustainability, and innovation.

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BluWave-ai is a renewable energy usage software platform that generates renewable energy usage with artificial intelligence (AI) on a grid using IoT sensors. It offers services such as grid operators, utilities, distribution system operators (DSOs), grid-tied enterprises, electric vehicle (EV) fleet operations, off-grid microgrids, and more. The company was founded in 2017 and is based in Ottawa, Canada.

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