ENBALA Power Networks
Founded Year
2003Stage
Acquired | AcquiredTotal Raised
$52.36MAbout ENBALA Power Networks
ENBALA Power Networks operates a Smart Grid platform that creates a network of users of electricity and harvests inherent flexibility in the way the equipment is operated to supply system quality services to the electricity system operator. The ENBALA Power Network manages the way electrical equipment uses power. On October 5, 2020 ENBALA Power Networks was acquired by Generac Holdings. The terms of the transaction were not disclosed.
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Expert Collections containing ENBALA Power Networks
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ENBALA Power Networks is included in 2 Expert Collections, including Smart Cities.
Smart Cities
4,534 items
Grid and Utility
1,567 items
This collection includes companies that are working on software and hardware to improve grids, utilizing new pricing models, and developing microgrids.
ENBALA Power Networks Patents
ENBALA Power Networks has filed 7 patents.
The 3 most popular patent topics include:
- Electric power distribution
- Electrical engineering
- Electric power conversion
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
6/5/2018 | 12/28/2021 | Electrical engineering, Photovoltaics, Electric power distribution, Mathematical optimization, Electric power conversion | Grant |
Application Date | 6/5/2018 |
|---|---|
Grant Date | 12/28/2021 |
Title | |
Related Topics | Electrical engineering, Photovoltaics, Electric power distribution, Mathematical optimization, Electric power conversion |
Status | Grant |
Latest ENBALA Power Networks News
Apr 13, 2023
The global virtual power plant market size is expected to grow from $1.9 billion in 2022 to $2.3 billion in 2023 at a compound annual growth rate (CAGR) of more than 22%. The virtual power plant market is then expected to reach $5 billion in 2027 at a CAGR of more than 20%. Major virtual power plant compnaies are ABB Ltd., AGL Energy Ltd., Autogrid Systems Inc., Robert Bosch GmbH, Cpower Energy Management, Enbala Power Networks Inc., Enel X Ltd., Flexitricity Limited, General Electric Ltd., Hitachi Ltd., International Business Machines Corporation. The use of advanced technologies is a key trend that is gaining traction in the virtual power plant market. To maintain their market position, major players in the virtual power plant sector are focusing on the adoption of advanced technologies. For example, in October 2022, AutoGrid Systems, a virtual power plant (VPP) provider based in the United States, partnered with Mysa, a thermostat manufacturing startup based in Canada, to develop utility-scale virtual power plants using an AI-powered VPP platform and Mysa's smart thermostat technology. Different energy markets can be made profitable and used to generate income by utilising its unique features such as demand-side resources, distributed generation, customer-owned flexible storage, and AutoGrid VPP. Utility companies and aggregators can increase flexible capacity by optimising assets and forecasting. North America was the largest region in the Virtual Power Plant market in 2022. Middle East is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual power plant market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The global virtual power plant market is segmented by technology into distribution generation, demand response, mixed asset; by source into renewable energy, cogeneration, energy storage; by end user into industrial, commercial, residential. Virtual Power Plant Global Market Report 2023 by The Business Research Company provides insights on the virtual power plant market size, virtual power plant market segments, virtual power plant market trends, drivers and restraints, major competitors’ market positioning, revenues and market shares. The Business Research Company has published over 3,000+ industry reports, covering more than 2,500+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. Learn More About The Business Research Company The Business Research Company is a market intelligence firm pioneering in company, market, and consumer research. With offices all around the world, TBRC has specialist consultants in a variety of fields, including manufacturing, healthcare, financial services, chemicals, and technology. Global Market Model – World’s Most Comprehensive Database The Business Research Company’s flagship product, Global Market Model , is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps. Related Links
ENBALA Power Networks Frequently Asked Questions (FAQ)
When was ENBALA Power Networks founded?
ENBALA Power Networks was founded in 2003.
Where is ENBALA Power Networks's headquarters?
ENBALA Power Networks's headquarters is located at 930 West 1st Street, North Vancouver.
What is ENBALA Power Networks's latest funding round?
ENBALA Power Networks's latest funding round is Acquired.
How much did ENBALA Power Networks raise?
ENBALA Power Networks raised a total of $52.36M.
Who are the investors of ENBALA Power Networks?
Investors of ENBALA Power Networks include Generac Holdings, GE Ventures, 40 North Ventures, EnerTech Capital, Obvious Ventures and 13 more.
Who are ENBALA Power Networks's competitors?
Competitors of ENBALA Power Networks include 10six.
Compare ENBALA Power Networks to Competitors
10Six creates a network of assets that can store and release power to maintain electrical grid stability.
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