Evergen
Evergen is an Australian energy software company providing a cloud-native DERMS platform that monitors, controls, and orchestrates distributed energy assets through 65+ Virtual Power Plant programs. It serves OEMs, energy retailers, network operators, and asset owners across 8 countries.
- Company typePrivate
- Founded2015
- HeadquartersNewcastle, Australia
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Evergen does
Evergen is an Australian energy software company that provides a cloud-native Distributed Energy Resource Management System (DERMS) for the monitoring, control, optimisation, and orchestration of distributed energy assets including residential solar, batteries, EV chargers, and utility-scale storage. The platform is built on AWS and uses hardware-agnostic, cloud-to-cloud API integrations with major OEMs (Tesla Powerwall, Alpha ESS, SolarEdge, Enphase Energy IQ Batteries) to deliver remote telemetry and control without on-site hardware upgrades. The product suite includes core DERMS, VPP Management, Asset Management, Energy Trading, Site Optimisation, Battery & Inverter Commissioning, External APIs, white-label app/portal customisation, and the Intelligent Control feature layer that applies predictive forecasting and optimisation algorithms to battery dispatch.
Evergen serves a horizontally diversified customer base: OEMs (battery, inverter, and solar manufacturers), energy retailers (including Powershop), distribution network operators (including Ausgrid), government entities (including Economic Development Queensland), commercial and industrial sites, utility-scale asset owners, and property developers. The platform spans more than 65 Virtual Power Plant programs across 8 countries, with a stated mission to orchestrate more than 10GW of distributed energy assets globally.
The business model combines four revenue streams: SaaS platform licensing on a subscription basis (per asset or per site) to retailers, utilities, networks, and developers; usage-based revenue from VPP participation in wholesale, FCAS, and network-support markets; a partner reseller model in which installers, OEMs, and retailers take a share of recurring revenue from each enrolled asset; and white-label and customisation services for network operators and retailers. The Intelligent Control product is provided free to end customers and is monetised indirectly through VPP market participation and retailer partnerships, while B2B partner pricing is governed by a confidential pricing guide. Evergen is a private Australian proprietary limited company (legal entity: Pacific 2022 Bidco C Pty Limited) headquartered in Newcastle East, NSW, with an additional Sydney office and 51-100 employees.
Evergen firmographics
Firmographics- Name
- Evergen
- Legal name
- Pacific 2022 Bidco C Pty Limited Trading as Evergen
- Website
- https://evergen.energy
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Evergen is an Australian energy software company providing a cloud-native DERMS platform that monitors, controls, and orchestrates distributed energy assets through 65+ Virtual Power Plant programs. It serves OEMs, energy retailers, network operators, and asset owners across 8 countries.
- Ownership category
- akta.pro rank
Evergen industry classification
Industry- Product category
- Energy Management Software
- NAICS
- Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)
- akta.pro primary industry
- DER Management Systems (DERMS) & Virtual Power Plants (VPP) (EUADAPAD)
- akta.pro secondary industries
- VPP Optimization, Forecasting & Dispatch Software (AI/ML, Digital Twins) (EUAFAHAG), DERMS & Distributed Grid Orchestration (DER Integration within ADMS) (EUADAEAF), DERMS Platforms & Utility Control Room Integration (EUADALAC)
Keywords
Where Evergen is headquartered
LocationHeadquarters
- HQ city
- Newcastle
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Evergen business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- SaaS Platform Licensing: Evergen licenses its energy management software (DERMS, VPP management, Intelligent Control) to energy retailers, utilities, network operators, and property developers. Revenue is generated through recurring software subscriptions and platform fees, typically billed per asset or per site managed on the platform.
- VPP Participation & Grid Services: Evergen earns revenue by aggregating distributed assets into Virtual Power Plants that participate in wholesale energy markets, FCAS markets, and network support schemes. Revenue is derived from market returns on dispatched energy and ancillary services, a portion of which is shared with asset owners.
- Partner Reseller Model: Partners (installers, OEMs, retailers) resell Evergen Services to end customers. Evergen provides the software platform, Level 1 support, and takes a share of the recurring revenue from each enrolled asset. The partner bears hardware installation and on-site support responsibilities.
- White Label & Customisation: Evergen offers white-label versions of its app and portal, and customisation services for network operators, energy retailers, and innovators who require bespoke branding or functionality. This is a professional services and licensing revenue stream.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Intelligent Control - Free for End Customers |
| Subscription | Monthly | Partner Pricing Guide - B2B |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Evergen product offering
Product offeringCore offering
Evergen provides a cloud-native Distributed Energy Resource Management System (DERMS) software platform that enables monitoring, control, optimisation, and orchestration of distributed energy resources (solar, batteries, EV chargers) across residential, commercial & industrial, and utility-scale deployments. The platform operates Virtual Power Plants (VPPs) across more than 65 programs in 8 countries, and integrates with hardware brands including Tesla Powerwall, Alpha ESS, SolarEdge, and Enphase via cloud-to-cloud APIs without additional on-site hardware.
Product overview
Evergen offers a unified SaaS platform for distributed energy resource management with a modular architecture. The core Evergen Platform (DERMS) provides foundational monitoring, control, optimization and orchestration capabilities, which is extended through specialized modules including VPP Management for virtual power plant operations, Asset Management for fleet visibility, Energy Trading for market participation, Site Optimisation for predictive battery control, Battery & Inverter Commissioning for asset onboarding, App & Portal Customisation for white-label deployment, and External APIs for third-party integration. The Intelligent Control feature layer sits atop these modules, leveraging AI-driven predictive analytics and optimization algorithms. The platform supports multiple end markets (OEMs, C&I, Utility-Scale, Energy Retailers, Networks, Property Developers) and integrates with major battery hardware brands including Tesla Powerwall, Alpha ESS, SolarEdge, and Enphase Energy IQ Batteries.
Differentiator
Problem solved
Functional benefit
Products and services
- Evergen Platform (DERMS) Cloud-native Distributed Energy Resource Management System (DERMS) software platform that enables monitoring, control, optimisation, and orchestration of distributed energy resources and utility-scale assets. Provides cloud-to-cloud connectivity for stakeholders across the renewable energy chain.
- VPP Management Virtual Power Plant management software providing fleet visualisation and analysis, billing management, customer acquisition and marketing services, incentive payments, and customer onboarding into VPP programs.
- Asset Management Fleet visibility solution for monitoring mixed asset portfolios, displaying energy stored across the fleet on a map or list view, with AI-driven alerts for device malfunctions and offline batteries.
- Energy Trading Energy trading solution with bespoke prices, fast reporting, asset control and dispatch, and Ancillary Services bid management for hedging and revenue generation.
- Site Optimisation Software that predicts solar generation and household electricity consumption at each individual site using weather forecasts and historical profiles to optimise battery operation, reduce costs, and maximise trading revenue.
- External APIs External API suite allowing operators to own and operate a Virtual Power Plant consisting of multiple asset brands with secure pathways for communication and control, with cloud-to-cloud integration with third-party battery and inverter vendors.
- Installer Management End-to-end solution for solar and battery pipeline management, sales and marketing workflows, installation, compliance and asset automation, providing a centralised system for DER project rollouts.
- White Label App & Portal Customisable white-label app and portal solution allowing energy retailers, network operators, and partners to resell Evergen Services under their own brand with customised branding, data configurations, and customer interfaces.
Quantifiable outcome
- 10GW+ of distributed energy assets targeted for orchestration globally
- +1 more outcomes
Companies that use Evergen
Customer profileNamed customers3 records
Segments6 records
Ideal customer profiles6 records
Evergen technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability3 records
Feature6 records
Evergen partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Enphase EnergycoreEnphase Energy integrated its IQ Batteries with Evergen's VPP orchestration platform, enabling Australian and New Zealand homeowners to access grid-services participation and energy optimisation. The integration adds a software and grid-services layer to Enphase's hardware, allowing smart charging during low electricity price periods, exporting during peak pricing, and participation in grid-support programs.
- Amazon Web Services (AWS)coreEvergen built its software platform on AWS, using AWS cloud infrastructure to power its global renewable energy management platform. The platform leverages AWS's scalability and reliability for cloud-to-cloud connectivity with distributed energy assets.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Evergen competitors and assessment
Company assessmentDirect peers
- AutoGrid (Schneider Electric): AutoGrid, now part of Schneider Electric, offers a DERMS and VPP platform for utilities and asset owners to forecast, optimise, and dispatch distributed energy assets. It directly competes with Evergen's DERMS and energy trading modules across utility-scale and C&I deployments.
- Uplight: Uplight provides a customer energy experience and DER orchestration platform for utilities, including VPP and device management capabilities. It competes in the same DERMS category as Evergen, serving utility and retailer customers with similar SaaS-led economics.
- EnergyHub: EnergyHub is a US-based DERMS platform that enables utilities and energy retailers to aggregate and orchestrate residential DERs (thermostats, batteries, EVs) into virtual power plants. It is directly comparable to Evergen's VPP management and Intelligent Control offerings across similar customer segments.
- Generac Grid Services: Generac Grid Services operates a residential DERMS and VPP platform built around its distributed generation hardware base. It is directly comparable to Evergen's model of bundling VPP software with battery/inverter hardware OEMs.
- Sunverge (Sunnova): Sunverge, now part of Sunnova, provides a residential battery VPP platform with real-time orchestration and grid services participation. It is a directly comparable VPP software provider targeting similar utility and retailer customers.
Emerging players
- GreenCom Networks: GreenCom Networks is a European DERMS provider aggregating residential and commercial DERs for utilities and energy retailers. It is comparable to Evergen's DERMS and VPP orchestration focus but primarily serves European markets rather than ANZ.
- Enode: Enode provides an API platform that connects energy retailers and DER operators to consumer energy devices (EVs, batteries, heat pumps). It is comparable to Evergen's external APIs and cloud-to-cloud integration approach but operates as a pure API layer rather than a full DERMS.
Broad incumbents
- GridPoint: GridPoint provides an energy management platform for commercial and retail customers with DER optimisation and submetering. It overlaps with Evergen's C&I and asset management capabilities but serves a different primary customer mix.
- Tesla Energy (Autobidder): Tesla Energy operates the Autobidder VPP platform for its Powerwall and Megapack customers, providing real-time energy trading and dispatch. It is a competitor and partner to Evergen via cloud API integration, with materially larger hardware fleet scale.
Regional players
- Kevala: Kevala is a grid analytics and DER orchestration platform focused on US utility planning and operations. It overlaps with Evergen's distribution network operator (DNSP) use cases around DER management and grid integration but serves a different geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Evergen social profiles
Digital presenceEvergen compliance and trust
Trust signalCompliance4 records
Evergen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evergen leadership team
Management profileNumber of profiles
Profiles11 records
Evergen funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evergen M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evergen
What does Evergen do?
Evergen provides a cloud-native Distributed Energy Resource Management System (DERMS) software platform that enables monitoring, control, optimisation, and orchestration of distributed energy resources (solar, batteries, EV chargers) across residential, commercial & industrial, and utility-scale deployments. The platform operates Virtual Power Plants (VPPs) across more than 65 programs in 8 countries, and integrates with hardware brands including Tesla Powerwall, Alpha ESS, SolarEdge, and Enphase via cloud-to-cloud APIs without additional on-site hardware.
Is Evergen a public or private company?
Evergen is a private company. It is classified as venture growth investor backed and is currently operating.
When was Evergen founded?
Evergen was founded in 2015. It employs 51 to 100 people.
Where is Evergen based?
Evergen is headquartered in Newcastle, Australia, in the Oceania region.
How does Evergen make money?
Four revenue lines are on record. SaaS Platform Licensing is the primary driver. The others are VPP Participation & Grid Services, partner Reseller Model and white Label & Customisation.
Who are Evergen's main competitors?
Direct peers on record are AutoGrid (Schneider Electric), Uplight, EnergyHub, Generac Grid Services and Sunverge (Sunnova). Emerging players are GreenCom Networks and Enode. Broad incumbents are GridPoint and Tesla Energy (Autobidder). Kevala is listed as a regional player.
Does Evergen have an API?
Yes. External APIs allow operators to own and operate a Virtual Power Plant consisting of multiple asset brands with secure pathways for communication and control. Provides cloud-to-cloud API integration with third-party battery and inverter manufacturers for monitoring, control, and communication without additional site hardware. Enables external parties to feed telemetry and energy intelligence into their own systems or Evergen's platform. Developer documentation is at evergen.energy/api-3.
What industry is Evergen in?
Evergen's product category is Energy Management Software. Its primary akta.pro industry code is EUADAPAD, DER Management Systems (DERMS) & Virtual Power Plants (VPP), with a secondary code of EUAFAHAG, VPP Optimization, Forecasting & Dispatch Software (AI/ML, Digital Twins). Its NAICS code is 54151 and its SIC code is 7373.