Veloce Energy

The utility electric grid will be the cornerstone of the energy transition. To fulfill this role, the distribution grid must be upgraded and improved to allow fast and affordable connections. New and increased loads are being created by electric vehicle charging, building electrification, and distributed resources. Upgrading the North American utility distribution grid to meet these needs is a 500-billion dollar opportunity. EV charging, buildings, distributed generation, all need faster, more flexible, and less expensive ways to connect to the grid. Veloce’s FastGrid™ system better utilizes the existing grid. We enable a reduction in engineering costs and the use of simple construction methods. We keep construction above-ground, reducing cost, time, and risk. FastGrid is future proof, because the future is evolving. Our system allows smaller new and existing grid connections to power larger loads at lower costs. Our modular, flexible, scalable energy storage and modular above-ground bolt-together installation systems replace detailed engineering with catalog selection, and reduce the number of onsite trades. Our software platform integrates site operations and secure transactions under a single pane of glass interface. The FastGrid works across multiple use cases. One example is for EV charging. We can cut the time and cost of charging station deployment by 50%. Instead of competing, we partner with third party EV charger manufacturers and station developers. Finally, because the FastGrid can be expanded, or removed and redeployed to another site, financing is easier.