On.Energy

On.Energy is a leading energy storage developer in the Americas, with a focus on designing, building, and operating energy storage solutions to drive forward a low carbon future. The company harnesses in-house analytics and AI-powered energy management software, along with deep industry knowledge to deliver integral solutions for smarter energy storage. Founded in 2016 and headquartered in the United States, On.Energy specializes in two main sub-sectors. Firstly, it concentrates on grid-scale projects, addressing aspects such as frequency regulation, energy arbitrage, ancillary services, and renewable energy integration. Secondly, the company offers C&I peak-shaving solutions, providing an integrated turn-key platform that implements the latest battery and power electronics technology with proprietary algorithms and control platforms. On.Energy's latest financial milestone was marked by a $25.00 million debt financing investment at 25 April 2024, with the investment provided by Lombard Odier Investment Managers. With a strong hold in analytics, energy, renewable energy, and energy storage industries, On.Energy is well-positioned to capitalize on the increasing demand for innovative energy storage solutions in the evolving energy landscape.