Green Energy

What Green Energy does

Green Energy Corp (operating as Green Energy, GEC) is a private microgrid software and engineering services firm headquartered in Durham, North Carolina, with an engineering office in Eugene, Oregon. The company sells software interoperability solutions and full-service microgrid development support to three primary customer groups: investor-owned and municipal utilities and grid operators, U.S. federal and defense customers (including the U.S. Navy), and enterprise or institutional campuses (corporate, university, municipal). It has been involved in the design or development of 30+ microgrids across North America and was ranked #6 by Navigant Research among 15 project developers/integrators in its 2015 Microgrid Controls Leaderboard report.

The company's core technology is the GreenBus® platform — a cloud-based, open-source software interoperability layer that supports 100+ vendor protocols and standards including DNP3, ModBus, OpenADR, AMQP, MQTT, DDS, and Protocol Buffers. GreenBus is positioned as the integration backbone that allows utilities to adopt Smart Grid technologies incrementally while retaining legacy power and communications infrastructure. The CTO, John Camilleri, serves as an OpenFMB Architect, and Green Energy Corp was instrumental in the NAESB ratification of the Open Field Message Bus (OpenFMB) Model Business Practices standard. The platform is delivered through a subscription (GreenBus Software Subscription) and through two service wrappers: the full-service Project Development Support program and the cloud-based Microgrid as a Service (MaaS) subscription, the latter of which bundles software, design and engineering packages, equipment recommendations, construction methods, O&M support, and financial instruments for third-party developers building microgrids worldwide.

Green Energy Corp monetizes through a hybrid model combining recurring software subscriptions (GreenBus and MaaS) with project-based professional services (design, engineering, financing, construction, O&M, and training). Go-to-market relies on direct enterprise sales to utilities, government agencies, and institutional campuses, augmented by strategic channel partnerships — most notably Schneider Electric for standardized campus microgrids, Xtensible Solutions for OpenFMB implementation services, and RTI for secure DDS-based smart grid communications. The firm was formed through a 2013 merger of Green Energy Corp with Horizon Energy Group and Horizon Microgrid Solutions and has been funded primarily through a combination of government grants (Colorado ARRA, Oregon DOE) and limited equity-style rounds, with no disclosed venture capital or private equity backing.

Name

Green Energy

Legal name

Green Energy Corp

Website

https://greenenergycorp.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Green Energy Corp provides microgrid software and engineering services to utilities, government agencies, and defense customers. Its GreenBus platform enables integration of distributed energy resources with legacy power and communications infrastructure through open-source, cloud-based architecture.

Ownership category

akta.pro rank

Product category

Microgrid Control Software

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Bulk Power Transmission and Control (221121)

SIC

Services-Computer Integrated Systems Design (7373), Electric Services (4911)

akta.pro primary industry

DERMS & Microgrid Control Software (EMS/SCADA/DERMS) (EUAMAJAG)

Keywords

• Microgrid software platform
• Smart grid integration
• Distributed energy resources
• Microgrid as a service
• Utility interoperability software

Headquarters

HQ city

Durham

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. GreenBus Software Subscription: Open source software subscription model providing full access to GreenBus open source libraries, maintenance/certification of all components, and management of platform evolution. Offered as cloud-based or on-site subscription service.
2. Project Development Services: Full-service microgrid development support including design, life cycle cost analysis, engineering, project financing, contracting, operations and maintenance, software development toolkit, and training.
3. Microgrid as a Service (MaaS): Subscription-based service enabling third-party developers to utilize GreenBus platform and company expertise. Includes complete development, contractual, and financing toolsets along with installation, configuration, operation and maintenance support. Generates recurring revenue from worldwide deployment of microgrid solutions.

Go-to-market motion4 records

Distribution channels4 records

Marketing channels5 records

Core offering

Green Energy Corp develops and sells the GreenBus® software interoperability platform, a cloud-based, open-source solution that enables the design, control, and integration of microgrids combining distributed generation, storage, and legacy grid infrastructure. It also delivers Microgrid as a Service (MaaS) subscription bundles and full-service microgrid Project Development services that include engineering, financing, operations, and maintenance support.

Product overview

Green Energy Corp offers a platform-plus-services architecture centered on the GreenBus® microgrid software interoperability platform. The platform is a cloud-based, open-source solution that enables microgrid adoption and smart grid technology integration with legacy power and communications infrastructure. Complementary offerings include Microgrid as a Service (MaaS), a subscription-based delivery model providing software, engineering, equipment recommendations, construction methods, operations/maintenance support, and financial instruments from a hosted environment. The company also provides full-service Project Development Support encompassing design, engineering, financing, contracting, and training. The product portfolio is unified around the GreenBus platform as the core control and interoperability layer, with MaaS and Project Development Service as delivery mechanisms for deploying microgrid solutions.

Differentiator

Problem solved

Functional benefit

Brands

• GreenBus: Green Energy Corp's flagship software interoperability platform enabling adoption of Smart Grid technologies and integration with legacy power and communications infrastructures. Open source, cloud-based, and scalable microgrid management solution.
• MaaS
• GreenBus®

Products and services

• GreenBus® Microgrid Software Interoperability Platform Cloud-based, open-source software interoperability platform that enables microgrid developers and utilities to design and implement microgrid architectures integrating distributed energy resources, smart grid technologies, and legacy power/communications infrastructure with support for DNP3, ModBus, OpenADR, AMQP, MQTT, DDS, and Protocol Buffers.
• Microgrid as a Service (MaaS) Cloud-based subscription service that provides third-party developers with access to the GreenBus platform and Green Energy Corp's microgrid expertise, bundling software, design and engineering packages, equipment recommendations, construction methods, operations and maintenance support, and financial instruments delivered from a hosted environment.
• Project Development Service Full-service microgrid development support program providing everything required to specify, design, develop, and implement customized microgrid solutions, including design, lifecycle cost analysis, engineering, project financing, contracting, operations and maintenance, software development toolkit, and training.

Quantifiable outcome

• Reduce outage time of critical loads by more than 98%
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core, minor and flagship.

• Xtensible SolutionscoreTechnology or Integration · 7 November 2016Partnership to help utilities implement the OpenFMB standard. Xtensible's strength in data modeling complements Green Energy Corp's GreenBus implementation capabilities, providing end-to-end solution for utilities. Xtensible offers top-down approach for OpenFMB within organizations with training from experts who helped develop the standard.
• RTI (Real-Time Innovations)coreTechnology or Integration · 7 November 2016Technology partnership for smart grid security research using DDS standard. Green Energy Corp's GreenBus platform is used in RTI's DOE-funded research project for secure microgrid communications. CTO John Camilleri serves as OpenFMB Architect supporting RTI's Connext DDS Secure development.
• Oregon Department of EnergycoreImplementation/ SI/ Consulting Partner · 16 December 2015Project partnership through ODOE Energy Storage Grant program. Eugene Water & Electric Board received $295,000 grant with Green Energy Corp as development partner alongside Powin Energy. Project demonstrates energy storage and microgrid technology for community resiliency and emergency response.
• Eugene Water & Electric Board (EWEB)coreImplementation/ SI/ Consulting Partner · 16 December 2015Oregon's largest consumer-owned utility engaged Green Energy Corp for Grid Edge Demonstration project testing microgrid technology for community resiliency during emergencies. Project includes energy storage for water/electricity emergency operations hub and multi-agency communications site.
• Duke EnergycoreTechnology or Integration · 2 February 2015Partner in Duke Energy's Coalition of the Willing 2 (COW II) project, a microgrid interoperability initiative including 25 vendors. Project involves inverter-only microgrid at Duke's Mount Holly, NC test lab. Green Energy Corp participates in OpenFMB framework and DDS protocol implementation.
• Microgrid Institute (Burr Energy LLC)coreImplementation/ SI/ Consulting Partner · 19 September 2014Project partnership for DOE-funded microgrid control systems design and testing. Green Energy Corp provides GreenBus Microgrid controls platform and leads R&D, system planning, and design activities. Partnership includes Schneider Electric and FREEDM Systems Center for Olney Town Center and Ritchie Station Marketplace projects.
• Sandia National LaboratoriescoreStrategic or Co-development Partner · 19 September 2014Technical assistance partner for Oregon microgrid demonstration project providing expertise to ensure strong project performance. Partnership brings world-class technical expertise to support project outcomes.
• Pepco Holdings Inc.minorImplementation/ SI/ Consulting Partner · 19 September 2014Utility partner collaborating with project team on network modeling and system design for Maryland community microgrid projects at Olney Town Center and Ritchie Station Marketplace.
• Research Triangle Cleantech Cluster (RTCC)minorStrategic or Co-development Partner · 3 September 2014Green Energy Corp joined RTCC as entrepreneur member, connecting with regional cleantech ecosystem including ABB, Cisco, Duke Energy, Itron, SAS, Schneider Electric, Sensus, and Siemens. Cluster initiative accelerates Research Triangle region's cleantech economy through collaboration.
• Schneider ElectricflagshipStrategic or Co-development Partner · 17 July 2014Strategic partnership to deliver standardized microgrid solutions combining Schneider Electric's expertise in distributed energy resources and advanced power control with Green Energy Corp's GreenBus open source platform. Partnership focuses on corporate, university, and government campuses. Schneider Electric brings proven track record of 250+ advanced power control and microgrid deployments over 20 years.
• Horizon Energy Group / Horizon Microgrid SolutionsflagshipStrategic or Co-development Partner · 8 March 2013Merger completed March 8, 2013 combining Horizon's microgrid development expertise with Green Energy Corp's software platform. Transaction created company with capability to design, build and operate microgrids of any size. Combined company operates as Green Energy Corp with headquarters in Raleigh, NC.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Eaton: Power management incumbent with microgrid solutions that combine switchgear, power conversion, and energy management software; directly competes with Green Energy Corp's hybrid microgrid offerings across commercial, institutional, and utility segments.
• Schneider Electric: Global energy management and automation incumbent with a large microgrid and distributed energy resource solutions business and 250+ advanced power control deployments, and the flagship go-to-market partner for Green Energy Corp's standardized microgrid solutions.
• ABB: Industrial and grid automation conglomerate with Power Grid Solutions including microgrid controllers, hybrid plants, and battery storage integration; directly competes with GreenBus while also being part of Green Energy Corp's RTCC cluster of members.
• Hitachi Energy: Grid and energy solutions incumbent offering microgrid controllers, e-mesh, and enterprise DERMS competing across utility, industrial, and large campus microgrid projects that Green Energy Corp pursues.
• Siemens: Diversified grid technology vendor with microgrid and DERMS offerings through Siemens Smart Infrastructure; offers competing turnkey microgrid solutions to utilities, defense, and campus customers overlapping Green Energy Corp's target segments.

Direct peers

• CleanSpark: Energy software and bitcoin/mining microgrid controls company that has pivoted toward grid-scale DERMS and microgrid software offerings, directly competing for the same utility and behind-the-meter control software customers as Green Energy Corp.
• Spirae: Colorado-headquartered DERMS and multi-DER microgrid controls software company serving utilities and campuses; competing in nearly identical product category as GreenBus with similar multi-protocol, multi-DG integration capabilities.
• Opus One Solutions: Grid intelligence and DERMS software vendor serving utilities with distributed energy resource management and microgrid applications; overlaps with GreenBus for distribution operator and utility behind-the-meter use cases.
• AutoGrid Systems: DERMS and distributed energy optimization software platform serving utilities, energy retailers, and C&I customers; competing with Green Energy Corp for utility DER orchestration and prosumera management workloads.

Emerging players

• Homer Energy (UL Solutions): Distributed energy system modeling and optimization platform (now part of UL Solutions) that supports microgrid design and hybrid optimization workflows adjacent to Green Energy Corp's engineering and MaaS project development services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/thesmartgrid
• Facebookfacebook.com/143307862393216
• LinkedInlinkedin.com/company/green-energy-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Green Energy