Innovari, Inc. Receives Innovation Award From Portland Business Journal

Innovari, Inc. Receives Innovation Award From Portland Business Journal

PORTLAND, OREGON (NOVEMBER 9, 2017) –The Portland Business Journal has named Innovari, Inc. a recipient of a 2017 Business Innovation award for its Interactive Energy Platform™ technology. The advanced technology platform creates a virtual power plant in aggregate while enabling utilities to surgically dispatch electric capacity when and where they need it to meet system demand. It has been successfully installed in the U.S., India, Turkey, the Middle East and Latin America.

The award recognizes companies located in the Portland, Oregon area that are providing a compelling and innovative product or service demonstrating excellence in one or more of these areas: Innovation, Design, Industry Impact, Revenue Growth or a compelling product or service offering.

Innovari participated at the Portland Business Journal award ceremony in early November where all award winners were honored.

“We are pleased to be recognized in our home town of Portland for this award,” said Chris Hickman, CEO & Founder of Innovari. “Outside observers of the electric industry don’t often acknowledge the innovation that takes place in the industry. However, for more than a 100 years utilities have innovated to provide safe, affordable and reliable electricity for society. We thank the Portland Business Journal for recognizing the IEP and our efforts to help utilities partner with their customers and communities to enable clean, new distributed technologies to be introduced into the grid.”

The Interactive Energy Platform uses artificial intelligence, big-data analytics, proprietary optimization routines and deep knowledge of the utility business to optimize the entire energy value chain for utilities and their customers.

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ABOUT INNOVARI
Innovari has created the platform for utilities to build the grid of the future in partnership with their customers and communities. The Interactive Energy Platform™ (IEP™) uses artificial intelligence, big-data analytics, proprietary optimization routines and deep knowledge of the utility business to optimize the entire energy value chain, especially management of distributed energy resources. The IEP adds much-needed intelligence to both the generation and consumption side of the grid and behaves like a virtual power plant, securely sitting alongside other regulated utility company assets and business models. The Interactive Energy Platform is currently installed on multiple continents. Headquartered in Portland, Oregon, Innovari has offices across the U.S. as well as in India, Latin America and Turkey. Learn more at www.innovari.com.

CONTACT
Don Kintner
VP, Marketing & Corporate Communications
Innovari, Inc.
dkintner@innovari.com
Office & Mobile – 512-318-2154 x3545

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  • Utility projects on 4 continents
  • 15 utility partners
  • 4 utility projects in the U.S., 3 more expected by End of 2017
  • Contract announcement with a top 5 US utility – Fall 2017
  • Previously Announced Projects:
    • US:  KCP&L
    • LatAm:  ENSA (Panama), EmCali (Columbia)
    • Asia:  Reliance (India), CESC (India), Bescom (India)
    • EMEA:  KCETAS (Turkey)
  • >200 MW of contracts
  • 4 of top 8 U.S. retailers in Innovari/utility capacity programs
  • 115 global employees, 200+ including contractors
  • Headquarters – Portland, Oregon
  • Manufacturing in Austin, TX and Taipei, Taiwan