in News Departments > New & Noteworthy
print the content item

REGEN Energy Inc., the developer of the wireless Swarm Energy Management electrical load management and automated demand response platform, has coordinated a $7 million Series B investment funding round.

The round was led by an international energy company and included participation from existing investors NGEN Partners and the BDC Venture Capital Energy/Cleantech Fund.

"This funding will enable us to increase our marketing, sales and support infrastructure while continuing to grow the hundreds of megawatts of load under Swarm control in North America and internationally," says Tim Angus, president and CEO of REGEN Energy.

Swarm Energy Management is a fully compliant OpenADR 2.0 solution, the company notes.


Hybrid Energy Innovations 2015
Latest Top Stories

Duke Energy Commits $500M To Major Solar Expansion In N.C.

The utility company says the investment will help further diversify its portfolio, as well as increase solar power for its North Carolina customers by 60%.


Sensus Issues Refund To SaskPower After Smart Meter Woes

As SaskPower continues to swap out its Sensus units following several meter failures, the two companies have reached an agreement in order for the utility to recover costs.


The Smart Utility's Guide To Choosing A Smart Meter

Electricity providers across North America are taking on grid modernization. This article outlines the myriad factors a utility should consider in order to select the best-possible smart meter.


DOE Report: U.S. Wind Power Prices Reach All-Time Low

According to the U.S. Department of Energy (DOE), wind power continues to play a larger role in the U.S.' energy mix and is the cheapest it has ever been in the country.


Survey Reveals What U.S. Consumers Expect From Their Utilities

GE's new survey measures Americans' views on the state and future of the grid, as well as how much extra consumers would be willing to pay for better power reliability.

S&C Electric_id176
Hybrid Energy Innovations 2015
Future Energy_id187
edf_id180