Swell Energy Inc. Acquires Renu Energy Solutions to Expand Virtual Power Plant Footprint to Key Markets

LOS ANGELES and CHARLOTTE, N.C., Feb. 07, 2024 (GLOBE NEWSWIRE) — Swell Energy Inc.Swell Energy stands at the forefront of the energy revolution, serving as a pioneering force in energy management and smart grid solutions. Dedicated to creating a greater grid for the greater good, Swell is accelerating the mass adoption of distributed clean energy technologies by enabling consumers to take control of their energy use, achieve energy security and participate in the transactive grid. The company works with utilities and offers tailored financing and virtual power plant programs for homeowners and businesses while partnering with trusted local solar and solar+storage companies for seamless, high-quality installations. Swell’s impact extends across the United States where it is diligently building a critical mass of dynamic and responsive clean energy resources within utility service areas. This commitment goes together with delivering resilient virtual power plant networks and essential grid-balancing services to utilities. These initiatives play a fundamental role in shaping a future marked by a carbon-free, distributed renewable energy system. For more information on Swell Energy and its transformative initiatives, please visit www.swellenergy.comFounded in 2010, Renu Energy Solutions is a high-quality solar energy systems installer operating across the South East, specializing in turn-key solar solutions for residential and commercial properties. Renu serves North Carolina, South Carolina and Georgia and has completed over 5,000 solar energy installations in the Southeast.Renu is a licensed general contractor and electrician in the states of North Carolina, South Carolina and Georgia. In addition, Renu’s service arm, Sun Service Specialists, provides solar and ESS service to both Renu and non-Renu customers across the east coast helping customers maintain and gain the long term benefits of their systems. Renu’s commercial business serves small businesses, publicly traded companies, and municipalities. For more information on Renu Energy Solutions, please visit www.renuenergysolutions.com517.827.1117
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(GlobeNewsWire)