Colorado-based Green Energy Corp. has been awarded $2,000,000 in American Recovery and Reinvestment Act funding through the Governor’s Energy Office (GEO) to further develop and market the GreenBus smart grid software platform. Recently honored as a 2011 Colorado Company to Watch, Green Energy Corp. has developed GreenBus to help power utilities modernize their operations, increase their efficiency, and automate many processes.
TJ Deora, executive director of the GEO, says, “Green Energy Corp’s exciting software technology can help lead the transformation of our electric power sector, enabling superior environmental performance and reducing costs to consumers. The Governor’s Energy Office is proud to be able to support the acceleration of its growth by providing low-cost financing, helping Green Energy Corp create more jobs in Colorado.”
Green Energy Corp explains that its GreenBus solution provides a pathway for utilities and microgrid operators “to incrementally adopt smart technology without disrupting the performance of today’s infrastructure.” For example, GreenBus enables power providers to integrate renewable energy and better manage electric vehicles.
Green Energy Corp CEO Peter Gregory notes, “This funding from the state confirms Colorado’s commitment to clean technology and to entrepreneurship. We are grateful to be making a difference by enabling utilities and microgrid operators to use less carbon-based fuel while creating new local jobs in Colorado.”
Established in 1977, the Governor’s Energy Office is mandated to promote energy conservation in Colorado. In January 2011, Governor Hickenlooper took over the responsibility of the GEO and its charter with the goal to guide it into an organization that effectively supports a balanced, diversified energy portfolio for the state while at the same time being environmentally responsible. For more information, visit www.rechargecolorado.com.
Green Energy Corp, a member of the National Rural Electric Cooperative Association, provides products and software engineering services to utility, energy, and communication companies to enable the smart grid. Green Energy Corp is associated with the IEEE, IEC, CIGRE, NSF, NSF FREEDM ERC, NIST, NRECA and the Clinton Global Initiative