UGE is a New York City-based distributed renewable energy company. Founded in 2008, the company is active in approximately 80 countries around the world, with a primary focus on enterprise customers.
The technology that UGE deploys is a "hybrid" energy solution that combines wind, solar, energy storage, power management, and monitoring. The technology is deployed through a combination of UGE's proprietary technology that allows it to assess locations remotely and its Partner Network, an approved and trained group of companies operating throughout the world which manage its projects locally. UGE's solutions are designed for high reliability and use various sources of energy to lower the variability of when energy is produced. This makes it particularly interesting to customers who otherwise do not have reliable grid electricity, leading UGE to target the telecoms market in developing countries where it is working with many of the world's leading telecoms companies. UGE also works with other large companies and government organizations looking to enhance their energy security, lower their energy costs, and become more sustainable, resulting in projects with leading brands such as GE, Hilton, BMW, the Philadelphia Eagles, and many more.
The wind turbine within the UGE solution is designed and manufactured by UGE. Sporting a vertical axis design, the wind turbine is designed to maximize both efficiency and durability, leading to lower lifetime cost of energy. UGE's IP extends beyond the wind turbine to its power management system, remote monitoring, and its site planning and implementation software.
Funding Rounds (3) - $26.09MUpdate
Current Team (5)Update
|Mar 24, 2016||Market Wired - Top - UGE Announces Short Form Prospectus Offering of Units|
|Jan 26, 2016||Market Wired - Top - UGE Secures Bank Loan for Working Capital, Finalization of Endura Acquisition|
|Jan 5, 2016||Market Wired - Top - UGE Announces Proposed Debt to Equity Conversion|
|Dec 9, 2015||Market Wired - Top - UGE International Ltd. Announces Grant of Options and Restricted Share Units|
|Nov 23, 2015||Market Wired - Top - UGE International Ltd. Announces Agreement to Acquire Endura Energy|
|Nov 4, 2015||Market Wired - Top - UGE International and OTEPI Install Largest Portfolio of Commercial Solar Energy Systems in Panama|
|May 25, 2015||PRWeb Sitemap - R.P. Delio and Company Announces A New Small Wind Generator Service in Hawaii Using Its Waypoint Power™ Platform|
|Mar 2, 2015||The Verge - The Eiffel Tower has new wind turbines, and they're beautiful|
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