⚡Convergent is thrilled to announce that we've received a conditional commitment from the U.S. Department of Energy (DOE) Loan Programs Office (LPO) for a loan guarantee of up to $559.4 million for our subsidiaries to build a #SolarPV system with an integrated #BatteryStorage system and three stand-alone battery storage systems across Puerto Rico. These systems are expected to enhance Puerto Rico’s grid resilience, lower energy costs, and reduce the need for fossil fuel generation. ➡️ For more information, review the DOE’s announcement blog: https://hubs.li/Q0305YL60
Convergent Energy and Power
Renewable Energy Semiconductor Manufacturing
Convergent is a leading provider of energy storage solutions in North America with over $500M invested/committed.
About us
Convergent Energy and Power manages all aspects of energy storage development for its grid operator, utility, and industrial customers. The company reduces electricity costs, guarantees power quality and reliability, and solves infrastructure problems. Founded in late 2011 with a focus on energy storage project development, Convergent has more than $1bn of contracted projects in North America. For more information about Convergent, please visit convergentep.com.
- Website
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https://www.convergentep.com
External link for Convergent Energy and Power
- Industry
- Renewable Energy Semiconductor Manufacturing
- Company size
- 51-200 employees
- Headquarters
- New York
- Type
- Privately Held
- Founded
- 2011
- Specialties
- Smart Grid applications, grid-scale project development, interconnection, permitting, coincident peak hitting, Global Adjustment, renewable energy, Batteries, asset operations, and EPC management
Locations
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Primary
7 Times Sq
New York, 10036, US
Employees at Convergent Energy and Power
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Steve Meyers
Proven executive growing technology-focused businesses driving the sustainable energy transition
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Don Jenkins
Operations and Data Leader in Energy Storage | Data Science, Sustainable Energy, Sustainability, Ph.D.
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Derek Oosterman
Senior Vice President - Portfolio Strategy & Compliance at Convergent Energy + Power
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Will Curry PE
Director, Development at Convergent Energy and Power
Updates
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At Convergent, our Operations Team is at the forefront of the strategies and tactics that help our #EnergyStorage and #SolarPV systems achieve optimal performance. How do we do this? Check out our latest blog to explore how optimal operations can help businesses and utilities maximize the value of a #BatteryStorage system to reduce energy costs and increase reliability: https://hubs.li/Q035qBQs0 #FutureofEnergy 🔋⚡☀️
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🔋⚡Energy storage deployment across North America broke records in 2024, driven by falling battery prices, increased system efficiencies, and growing market opportunities. Globally, #EnergyStorage deployment increased by 53% last year. Learn what lies ahead for North America’s energy storage market in 2025 in our latest blog ➡️https://hubs.li/Q034KFqR0
2025 Predictions for the Energy Storage Sector Following a Record-Breaking 2024
resources.convergentep.com
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🔋☀️Convergent is pleased to announce the closing of its $584.5 million guaranteed loan facility from the U.S. Department of Energy (DOE) Loan Programs Office (LPO) to build a solar photovoltaic (PV) system with an integrated #BatteryStorage system and three stand-alone battery storage systems across Puerto Rico. Convergent’s solar PV and battery storage systems will play a vital role in improving Puerto Rico’s energy resilience and affordability while helping Puerto Rico meet its ambitious #CleanEnergy and climate goals. ➡️ Read the full press release: https://hubs.li/Q0332xhS0
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⚡Convergent is excited to announce the completion of a 1.75 MW / 8.4 MWh battery storage system in Little Orleans, Maryland, to enhance grid reliability for over 600 Potomac Edison Company customers. The battery energy storage system integrator is ELM Companies. The system, designed, constructed, and operated by Convergent, supports Potomac Edison customers served by a line in a rural part of Allegany and Washington counties, where tree-related outages frequently occur during severe weather. ➡️ For more information, see the press release here: https://hubs.li/Q032K7tN0
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Happy New Year from everyone at Convergent! The past year was filled with exciting growth! In the year ahead, we are looking forward to continuing to make the most of the significant opportunities for #EnergyStorage and the #FutureofEnergy. 🎉Cheers to a bright 2025.💡
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🎉 Thank you for helping us accelerate the #CleanEnergyTransition and cheers to 2025! To celebrate, we are donating to the National Forest Foundation, enabling 10,000 new trees to be planted. 🌲 🌳 🌲 🌳 🌲 🌳 🌲 🌳 🌲 🌳 🌲 🌳 🌲 🌳 🌲 🌳 🌲 🌳 🌲 🌳 🌲
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📢 Convergent has received a conditional commitment from the U.S. Department of Energy (DOE) Loan Programs Office (LPO) for a loan guarantee of up to $559.4 million for its subsidiaries to build a #SolarPV system with an integrated #BatteryStorage system and three stand-alone battery storage systems across Puerto Rico. Learn more ➡️https://hubs.li/Q030p5Pz0
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Our Facilities Operations is growing, and we're #hiring an Operations and Maintenance Manager! If you or someone you know may be interested, apply below.