Modern Energy
Modern Energy is an energy asset management firm based in Durham, North Carolina, that focuses on investing in businesses that develop and commercialize emerging energy technologies and resources. The company engages with clean energy enterprises to advance innovations in energy efficiency, distributed generation, and storage, thereby supporting the transition to a net-zero carbon economy. Modern Energy operates across various regions, including the United States, Brazil, and the United Kingdom, where it invests in projects such as solar energy and virtual power plants. By facilitating the integration of new hardware and software solutions, Modern Energy helps reduce costs associated with energy management and enhances the economic viability of small energy installations. This strategic approach positions Modern Energy as a key player in the ongoing transformation of the energy ecosystem, enabling significant advancements in market dynamics and technology trends. Incorporated in 2010, the company aims to ensure sustainable, reliable, and affordable energy for all.
Upside Energy Ltd. is a UK-based company founded in 2013 that specializes in developing a cloud service designed to aggregate energy stored in various systems, such as uninterruptible power supplies, solar panels, electric vehicles, and domestic heating systems. The company's primary objective is to assist households and small businesses in reducing their energy costs and minimizing their environmental impact, particularly in terms of greenhouse gas emissions. By enabling users to make informed decisions about their energy consumption, Upside Energy aims to create a more sustainable energy system that aligns energy demands with environmental considerations. As of November 2020, the company operates as a subsidiary of Octopus Energy Limited and has a small team dedicated to achieving its vision of harmonizing energy use with ecological responsibility.
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