Business Summary
VCharge, Inc is a United States-based company, which is focused on building infrastructure for transactive electric loads. The Company sells electric thermal storage heating systems and retrofit controllers in existing storage heaters in North America, and participates in utility programs to grow the market for new electric heat. It is also developing opportunities in Europe, focusing on grid instability, with millions of units installed in Ireland, the United Kingdom, and Germany. The Company is involved in the market for Transactive Load. It identifies the loads, makes them controllable through the Internet, and then aggregates them into a grid asset (a virtual power plant) for grid operators. Its technology enables transactive loads, such as electric thermal storage heaters, hot water heaters, ice-based air conditioning, compressed air storage and electric vehicles, to buy energy. It provides ancillary services, such as frequency regulation and spinning reserves, to grid operators.
Country of Incorporation
United States of America
Incorporation Date
-
Business Sector
Industrial Goods
Company Address
SUITE 475, 235 PROMENADE STREET