Hexergy
A flexible blockchain platform for energy communities.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
N/A | Support Program | ||
| Total Funding | 000k | ||
Hexergy, founded in 2020 by energy engineers Luca Di Narzo and Nicolas Fernando Marrugo Cardenas, is a cleantech company based in Guglionesi, Italy, that has developed a platform to facilitate the creation and management of Renewable Energy Communities (RECs). The founders, with over a decade of combined experience in the energy sector, aimed to address the complexities hindering the widespread adoption of RECs.
The company operates in the renewable energy and cleantech markets, serving a range of clients including citizens, businesses, public administrations, future REC members, building owners, energy producers, and energy service companies. Hexergy's business model is structured around a Software-as-a-Service (SaaS) platform, offering both free and premium tools. Revenue is generated through tiered subscriptions, with specific pricing for designing communities, a per-community annual fee for creation, and a percentage-based fee on the incentives generated from managed communities. The company has received funding from investors such as Startupbootcamp and has participated in accelerator programs.
Hexergy's core offering is a comprehensive platform built with four interconnected modules designed to cover the entire lifecycle of an energy community. These modules provide tools for the design, creation, management, and discovery of RECs. The platform utilizes technologies like AI, data science, and blockchain for data storage and to optimize community resources. Key features include financial analysis tools that can simulate the economic performance of a community over 20 years, providing insights into capital expenses, operational costs, and return on investment. This integrated system allows users to manage participants, monitor devices, and optimize energy consumption, aiming to reduce the time and costs associated with establishing and operating a REC.
Keywords: Renewable Energy Communities, cleantech, SaaS, energy transition, blockchain in energy, community energy, sustainable energy, energy management software, distributed energy resources, energy trading platform, peer-to-peer energy, smart grid, energy optimization, photovoltaic systems, energy data analytics, prosumer, energy services, shared energy, energy cost reduction, social impact