GreenCom Networks is a software company, offering white-label solutions for energy retailers and energy device manufacturers for Distributed Energy Resources Management. Its platform enables the connection and monitoring of energy devices and optimisation of energy demand, energy supply and energy storage through data from distributed energy devices in (and around) homes. Energy devices that the GreenCom platform can handle include amongst others: batteries, heat pumps, electrically heated boilers, electrical vehicles and solar PV installations. GreenCom’s use cases include maximising autarky levels (self-consumption) for homes with solar PV, a battery (and heat pump), a standardized ‘community sharing of energy’ solution and enabling flat rates for energy retailers through the use of VPP’s.
Backed by Shell Ventures, Energy & Environment Investment, Centrica, Future Energy Ventures, Munich Venture Partners and SET Ventures, GreenCom is a privately held global company with offices in Munich, Germany and Sophia-Antipolis, France.
GreenCom News
SET Ventures portfolio company GreenCom announces €12 million equity funding round led by Shell Ventures
Shell Ventures and Energy & Environment Investment join existing investors (including Centrica and E.ON) to further GreenCom’s mission to become the leading residential energy IoT platform. GreenCom is already connecting many Home Energy Management devices for...
GreenCom Networks and Hochfrequenz now enable dynamic and flexible electricity tariffs for SAP IS-U users
eibp:empower from GreenCom Networks offers efficient creation of dynamic lifestyle-relevant electricity tariffs and the ability to quickly update and refine existing tariffs Collaboration between GreenCom and Hochfrequenz provides flexible tariffs to expand SAP IS-U...
GreenCom Networks captures place in 2020 Global Cleantech 100
GreenCom Networks of Munich, Germany, named a 2020 Global Cleantech 100 Company today.11th edition of list recognises 100 companies world-wide “poised to solve some of our biggest challenges over the next five to ten years.”Cleantech award follows Navigant...
Dr Felix Grolman becomes CCO of GreenCom Networks: “We will build a true peer-to-peer energy community.”
Felix Grolman, the former CEO of shine and Grundgrün, has been appointed as Chief Commercial Officer at GreenCom Networks. Grolman’s tasks will include the success of GreenCom’s energy community project started under the recently acquired brand “shine.” Following the...
Innogy Innovation Hub invests in GreenCom Networks
GreenCom Networks, the Munich-based leader in home energy management solutions, has announced that innogy Innovation Hub, the Venture Capital Arm of innogy SE, a leading German energy company, has become an investor. innogy SE supplies energy to around 22 million customers across Europe. The investment follows a capital increase some month ago when GreenCom onboarded Centrica, the leading British utility as an investor. The investment from innogy Innovation Hub is for an undisclosed amount.
GreenCom Networks integrates innogy Innovation Hub start-up shine to offer disruptive residential energy services
Munich’s GreenCom Networks, world-leading energy IoT company, expands its offering around home energy management by integrating shine, a company founded by the innogy Innovation Hub The deal gives GreenCom access to shine’s customer base and energy management services...
SET Ventures joins fundraising in portfolio company GreenCom Networks with Centrica Innovations
GreenCom Networks provides end-to-end solutions for distributed energy resources management (DERM), enabling energy retailers and energy device OEMs to offer innovative digital energy services to their residential customers. Amsterdam, 19 February 2019 – GreenCom...
GreenCom Networks: consumers in control
Dr. Christian Feisst is a visionary who thinks that to stop innovation to save money is like stopping the clock to save time. Some years ago, Feisst observed market trends and realised two things: Firstly, people want to be in control; second, digital media offers...
EDP Teams Up with GreenCom Networks to Enable Innovative Energy Services and Products for End Customers
EDP is preparing its retail business for the digital future. While the energy industry is becoming increasingly decentralized – with solar PV, battery storage and the uptake of electric vehicles – future utility companies will have to turn themselves into digital...
Macdoch Group leads fundraising round in GreenCom Networks
GreenCom Networks has secured a funding round led by London and Sydney-based the Macdoch Group, with a participation from existing shareholders Munich Venture Partners and SET Ventures. The funds will be used to further strengthen GreenCom’s position as an Energy...