Energy monitoring and storage firm Demand Energy Networks has announced the appointment of Gregg Patterson as its new president and CEO.
Patterson was previously president of the renewable energy division at inverter manufacturer Advanced Energy.
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He will lead the deployment of Demand Energy’s Joule.System, its new platform for managing distributed energy storage.
Dave Curry founder and former CEO will become the company's chairman.
Curry said: “Gregg has joined us at a critical time. He has a proven pedigree in renewable energy, and a strong track record in commercializing technologies, helping businesses in high-growth markets transition from innovation to high growth, while ensuring a quality customer experience and returns to shareholders. We just completed our series C funding, our platform is proven, and are anticipating dramatic growth under Gregg’s leadership and expertise.”
Patterson said: “Demand Energy is poised to capitalise on this emerging and critically important market. I am excited about Demand Energy’s big data platform and the traction we are getting across a growing range of markets, customers and use cases. We know how to deliver a compelling ROI to our customers today, not in a few years. This team, this technology, and this market are ready to deliver on the promise of energy storage.”
Demand Energy’s Joule.System has plans for installations in New York City, China and the US Northwest.