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TIME recognizes David Energy as one of America’s Top GreenTech Companies for 2024

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David Energy Staff
July 12, 2024
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TIME recognizes David Energy as one of America’s Top GreenTech Companies for 2024

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David Energy Staff
July 12, 2024

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Our mission at David Energy is to run the grid 24/7 on clean energy. 

To deliver on that is no easy task, but our team works tirelessly towards it every day. We’re delighted to share that in acknowledgement of that work, TIME Magazine and Statista have recognized David Energy as one of the leading green tech companies in the US. 

The award highlights our unwavering commitment to a sustainable, carbon-free future. Reinventing our grid to be better, cheaper, and more reliable is fundamental to making the clean energy transition possible, and it’s what we’re dedicated to delivering. 

How TIME & Statista selected the top GreenTech companies

This prestigious list recognizes 250 of the top sustainability-focused companies driving positive impact within the GreenTech industry. The companies on the final list were selected from over 4,600 US-based organizations that focus on developing and providing green technologies, products, or services that help mitigate or reverse the impact of human activities on the environment.

Companies were evaluated based on their sustainability, innovation, growth, and overall impact, with the top 250 companies named to the list. The organizations recognized here are not only leaders in their fields but also pioneers driving the transition to a more sustainable future, and we’re honored to be included among them.

"We’re thrilled to be recognized by TIME with this award, as it acknowledges the significant impact of our work in the clean energy sector," said James McGinniss, CEO. "David Energy is not only developing smart technology solutions that lower emissions, improve the grid, and maximize renewable energy impacts, but that transform the way customers interact with their energy – delivering an experience not only good for the planet, but for everyday people.”

Our commitment to a sustainable energy future

Our mission to run the grid 24/7 on clean energy is an endeavor made both possible and imperative by two major transitions currently happening.

First, the world is electrifying – and our aging grid isn’t up to the task. From electric vehicles to data centers, the United States is demanding more energy than ever before. Producing power is cheaper than ever before, but these advances are throttled by outdated infrastructure: Electricity costs are rising, while reliability goes down. 

Second, electricity supply is decarbonizing: Wind and solar generation continue to grow, offering clean power at lower costs. In tandem, distributed energy resources (DERs) like rooftop solar, electric vehicles, and other smart technology are becoming commonplace, changing how consumers interact with the grid. But these advancements too have limitations: We can’t control when the sun shines and the wind blows, meaning variability in renewable sources still leaves us reliant on fossil-fuel generation to keep the lights on. 

If we can truly harness the power of renewables, we can solve these problems to deliver a grid that’s reliable, affordable, and completely fossil-fuel free. We believe DERs are the key.

David Energy is enabling and empowering homes and businesses to use the power of these devices, in tandem with our technology, to be a part of this better grid – and making their energy easier, cheaper, and stress-free. Our energy management platform allows businesses to monitor and optimize their energy usage, leading to significant cost savings and peace of mind, while homeowners get significantly more benefit from their investments with smart features that integrate with home batteries, solar, and EVs to deliver value. 

"We’ve reached a tipping point for electrification, and we believe our existing grid won’t be able to support what’s coming. DERs fundamentally change how we’re able to produce,manage, and transmit power to solve this problem." added McGinniss. "Implemented at scale and in concert with the technology we’re creating here at David Energy, we’re building towards a future where energy costs less, is more reliable, and finally becomes something convenient and empowering for customers.”

Looking ahead, together

Thank you to our customers, partners, investors and employees for your support and commitment to our mission. Together, we are making a positive impact on the planet, one kilowatt-hour at a time. For more information, check out the full list of America’s Top GreenTech Companies here.

Bring better energy to your business with sustainable electricity solutions from David Energy. Contact us today to learn more.

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