Rhynland Energy
- Company typePrivate
- Founded2019
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Rhynland Energy firmographics
Firmographics- Name
- Rhynland Energy
- Legal name
- Rhynland Energy Ventures LLC and Rhynland Energy Holdings LLC
- Website
- https://rhynland.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Rhynland Energy industry classification
Industry- Product category
- Battery Energy Storage Development
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Microgrid EPC, Integration & Commissioning (Design-Build, Interconnection) (EUAFAJAI)
- akta.pro secondary industry
- Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging) (IMAFALAJ)
Keywords
Where Rhynland Energy is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Rhynland Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure
Revenue model
- Battery Storage Project Development: Rhynland Energy develops battery energy storage projects and likely sells power capacity through long-term contracts with utilities and grid operators. Projects are developed in partnership with a global commodity trading firm and major institutional investor, suggesting project financing and development as the primary revenue mechanism.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Rhynland Energy product offering
Product offeringCore offering
Rhynland Energy is a development firm that develops utility-scale battery energy storage projects in New York and New England, including four projects on Long Island (up to 280 MW) connected to NYISO Zone K, projects interconnected to the ISO-New England grid, and the River Mill Storage project awarded a contract in Massachusetts's first large-scale energy storage tender. The firm also provides power project advisory services. Projects are developed in partnership with a global commodity trading firm and a major institutional investor.
Product overview
Rhynland Energy is a development firm focused on battery energy storage projects in New York and the Northeast. The company operates three main offerings: Long Island NY Battery Energy Storage Projects (four projects delivering up to 280 MW in NYISO Zone K), New England Energy Storage Projects (connected to ISO-New England grid), and River Mill Storage (awarded in Massachusetts's 1.3 GW landmark tender). The Long Island and New England projects are in permitting/interconnection stages, with the Long Island projects developed in partnership with a global commodity trading firm and major institutional investor.
Differentiator
Problem solved
Functional benefit
Products and services
- Long Island NY Battery Energy Storage Projects Four battery energy storage projects providing up to 280 MW of local emissions-free power capacity interconnected to the NYISO Zone K (Long Island) power grid, intended to support the Long Island grid and enable transition from natural gas-fired peakers to renewable energy sources. Developed in partnership with a global commodity trading firm and a major institutional investor.
- New England Energy Storage Projects Battery energy storage projects being developed for interconnection to the ISO-New England power grid, providing local emissions-free power capacity that allows New England to procure sufficient generation capacity as legacy power plants are shut down.
- River Mill Storage A battery energy storage project awarded a contract in Massachusetts's first large-scale energy storage tender as part of the state's goal to reach 5 GW of energy storage capacity by 2030; negotiations underway with major utilities.
Quantifiable outcome
- Up to 280 MW of emissions-free power capacity for Long Island grid
- +2 more outcomes
Companies that use Rhynland Energy
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Rhynland Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Rhynland Energy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Global Commodity Trading FirmcoreRhynland Energy is developing battery energy storage projects in Long Island and New England in partnership with a global commodity trading firm and major institutional investor. The partnership provides development expertise and capital for large-scale battery storage project development.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Rhynland Energy competitors and assessment
Company assessmentDirect peers
- Plus Power: Independent, utility-scale standalone BESS developer with multi-GW pipeline across U.S. ISO markets; operates a project-developer model with offtake contracts that closely matches Rhynland's revenue mechanism.
- Convergent Energy + Power: Pure-play BESS developer and owner/operator with operational projects across North America; competes head-to-head in utility-scale battery storage RFPs of the kind Rhynland pursues in NYSERDA and MA tenders.
- Fluence Energy: Public, vertically integrated BESS provider combining hardware, software (SaaS) and project development; competes in the same U.S. utility-scale storage RFPs and has its own developed-asset portfolio.
- Stem Inc: A.I.-driven BESS developer/operator that was Rhynland founder Patrick Verdonck's prior $100mm JV partner at Starwood; same C&I-and-utility storage market overlap and same project-development go-to-market.
- LS Power: Large, PE-backed power infrastructure developer with significant BESS development pipeline across NYISO, ISO-NE and PJM; directly comparable platform investor-developer model.
- Eolian: Battery storage focused developer/owner-operator that has absorbed Key Capture Energy; competes in the same ISO-scale storage RFPs and operates a similar developer-to-asset-owner business model.
Broad incumbents
- EDF Renewables North America: Large renewables incumbent with growing BESS development portfolio across U.S. markets including NYISO and ISO-NE; competes in the same utility-scale storage tenders as Rhynland but as part of a broader wind/solar/storage platform.
- Invenergy: Large-scale independent power and storage developer with utility-scale BESS projects across the U.S. Northeast; broader renewables platform with overlapping project-development business model.
Others
- EDF Energy / FlexPower (development consulting): Power project advisory firms serving storage developers; comparable to the advisory-services component of Rhynland's service offering rather than the asset development business.
- Verdonck Partners: Energy and infrastructure financial advisory firm founded and led by Rhynland founder Patrick Verdonck; not a competitor but a tightly affiliated counterpart providing advisory services to the same set of developers/investors.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Rhynland Energy social profiles
Digital presenceRhynland Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rhynland Energy leadership team
Management profileNumber of profiles
Profiles5 records
Rhynland Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rhynland Energy 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 Rhynland Energy
What does Rhynland Energy do?
Rhynland Energy is a development firm that develops utility-scale battery energy storage projects in New York and New England, including four projects on Long Island (up to 280 MW) connected to NYISO Zone K, projects interconnected to the ISO-New England grid, and the River Mill Storage project awarded a contract in Massachusetts's first large-scale energy storage tender. The firm also provides power project advisory services. Projects are developed in partnership with a global commodity trading firm and a major institutional investor.
Is Rhynland Energy a public or private company?
Rhynland Energy is a private company. It is classified as management employee owned and is currently operating.
When was Rhynland Energy founded?
Rhynland Energy was founded in 2019. It employs 1 to 10 people.
Where is Rhynland Energy based?
Rhynland Energy is headquartered in New York, United States, in the North America region.
How does Rhynland Energy make money?
One revenue line is on record: battery Storage Project Development.
Who are Rhynland Energy's main competitors?
Direct peers on record are Plus Power, Convergent Energy + Power, Fluence Energy, Stem Inc, LS Power and Eolian. Broad incumbents are EDF Renewables North America and Invenergy. Others are EDF Energy / FlexPower (development consulting) and Verdonck Partners.
Does Rhynland Energy have an API?
No public API is recorded for Rhynland Energy.
What industry is Rhynland Energy in?
Rhynland Energy's product category is Battery Energy Storage Development. Its primary akta.pro industry code is EUAFAJAI, Microgrid EPC, Integration & Commissioning (Design-Build, Interconnection), with a secondary code of IMAFALAJ, Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging). Its NAICS code is 2211 and its SIC code is 4911.