Swell Energy, founded in 2014 and headquartered in the United States, is a forward-thinking player in the Energy, Renewable Energy, and Semiconductor industries. With the slogan "Creating a greater grid for the greater good," the company is dedicated to accelerating the adoption of distributed clean energy technologies.
Swell Energy empowers consumers to control their energy usage and costs, offering energy security while fostering participation in the transactive grid. Homeowners and businesses benefit from the company's financing solutions and virtual power plant programs, which are seamlessly integrated with installations from trusted solar partners.
The company's vision extends to creating a critical mass of clean energy resources within utility service areas, thereby providing resilient virtual power plant networks and essential grid-balancing services.
In their most recent financial round, Swell Energy attracted a substantial $120 million Series B investment on November 22, 2022, backed by notable investors such as Ares Management, SoftBank Vision Fund, Greenbacker Group, and Ontario Power Generation.