The recent Russian invasion of Ukraine, causing soaring gas prices, and the effects of climate change, has made it imperative for most nations to incentivize homeowners to switch to sources of green energy, like solar. In California, owners of single-family homes have greatly benefited from solar energy adoption. But only a few tenants of multifamily buildings have seen any benefit. Luckily for tenants of multifamily buildings, Ivy Energy is on a mission to change that.
Ivy Energy is a cleantech software company that developed a proprietary solar energy billing software called Virtual Grid. Virtual Grid uses smart grid logic and proprietary algorithms to distribute solar energy between multiple units accurately. It makes it easy for property owners to invest in solar for their community and deliver monthly energy savings to tenants while generating a new income. The Ivy team comes from various backgrounds, including real estate development, energy monitoring software, and solar industry operations.
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