We are the leading energy storage developer in the Americas with in-house analytics and AI-powered energy management software along with deep industry knowledge taking pride in building integral solutions for smarter energy storage. We focus on two main sub-sectors: 1. Grid-Scale Projects: Frequency Regulation, Energy Arbitrage, Ancillary Services, Renewable Energy Integration (Ramp-Rate Control, Load Shifting...), etc. 2. C&I Peak-Shaving Solutions: With our own integrated turn-key platform, implementing the latest battery and power electronics technology with proprietary algorithms and control platform.
Location: United States, Florida, Miami
Employees: 51-200
Total raised: $125M
Founded date: 2016
Investors 1
| Date | Name | Website |
| - | Ultra Capi... | ultracapit... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 26.04.2024 | - | $25M | - |
| 17.08.2022 | - | $100M | - |
Mentions in press and media 7
| Date | Title | Description |
| 17.08.2026 | ON.ENERGY JOINS DATA CENTER ANTI-CONFERENCE USA 2026 AS PLATINUM SPONSOR | Power systems innovator brings resilient energy expertise to industry's premier gathering of digital infrastructure leaders ON.energy expertise strengthens conversations that are becoming increasingly important across our industry, and we'r... |
| 26.04.2024 | On.Energy Receives $25M Working Capital Facility From Lombard Odier Investment Managers | On.Energy, a Miami, FL-based electric power asset owner and proven end-to-end integrator of battery energy storage systems, received a $25M working capital facility from Lombard Odier Investment Managers. The company intends to use the fund... |
| 20.12.2023 | On.Energy: Battery Energy Integrator Company Raises $40 Million | On.Energy – a proven end-to-end integrator of battery energy storage and Independent Power Producer (IPP) – recently announced it has closed both construction facility totaling over $40 million and permanent debt facilities for an 80 megawa... |
| 13.06.2023 | Miami-based On.Energy raises $20M Series B to expand in North America, LatAm | Facebook Tweet Pin LinkedIn Email On.Energy, an energy storage system solutions provider, today announced it raised $20 million in a Series B funding round led by Philadelphia-based Ultra Capital. New York-based Phalanx Investment Partners ... |
| 17.08.2022 | On.Energy nets $100M from UK company to deploy BESS projects in U.S. and Canada | On.Energy nets $100M from UK company to deploy BESS projects in U.S. and Canada By SB Staff August 17, 2022 " class="author-button">View Profile On.Energy closed $100 million in project financing from Sustainable Developme... |
| - | On.Energy | “On.Energy is a fully-integrated Energy Storage developer, technology company and asset manager. Using Proprietary Software, we deliver end-to-end projects with available in-house financing.” |
| - | On.Energy: Battery Energy Storage Company Secures $20 Million | On.Energy – a proven end-to-end integrator of battery energy storage and an Independent Power Producer (IPP) – recently announced it raised $20 million in equity financing in a Series B round led by Ultra Capital. Phalanx Investment Partner... |