Enteligent Named a Finalist for its DC-Coupled EV Charging and PV Solar MLPE by the 26th Annual Platts Global Energy Awards

MORGAN HILL, Calif.--(BUSINESS WIRE)-- Enteligent Inc., a developer of solar power optimization and electric vehicle (EV) solar charging technologies, has been named a finalist in two categories for the prestigious 26^th annual S&P Global Platts Global Energy Awards. The company is recognized in the Emerging Technology of the Year and the Rising Star Company categories.

“Enteligent’s DC-coupled technologies are making clean energy more effective, affordable, and accessible to a wider range of users,” said Sean Burke, Enteligent CEO and co-founder. "Being recognized by S&P Global Platts reinforces our vision of leveraging DC-based energy solutions to lead the green electrification revolution within the next decade. We’re deeply honored to stand among remarkable entrepreneurs dedicated to transforming how we generate and utilize energy intelligently."

The Emerging Technology of the Year category highlights new technologies or significant advancements to exciting solutions that demonstrate strong financial potential while promoting the sustainable energy transition. Enteligent was selected for its application of DC-coupled electric vehicle supply equipment (EVSE) architecture to long-dwell-time EV fleet charging. This solution leverages the inherent efficiency and reliability of DC technology, which is naturally compatible with renewable sources like solar, wind, and battery storage, to deliver 20-30% energy savings by eliminating the need for DC-to-AC-to-DC conversions.

Enteligent’s fleet charging solution utilizes a DC microgrid using a commercial-scale inverter with integrated DC photovoltaic (PV) solar generation and battery storage, reducing AC/DC conversion losses and lowering infrastructure costs. Optimized for overnight fleet charging, Enteligent’s chargers are easier to deploy than the traditional AC-based infrastructure because they reduce engineering planning and permit waiting times and lower both overall installation expenses and total cost of ownership. The chargers also provide bidirectional power flow, enabling mission-critical backup power to facilities during outages and electrical rate savings through virtual power plant participation with utilities.

The Rising Star Company category recognizes businesses that are establishing themselves as a key player in any energy or chemical discipline, including investment, finance and trade. Enteligent was selected not only for its development of DC-coupled EVSE, but also for its rooftop solar technologies that increase PV solar power’s accessibility and affordability. By empowering solar installers with a competitive edge, Enteligent helps maximize rooftop coverage at lower costs, enhancing homeowners' returns on solar investments.

In a North American rooftop solar market dominated by two players which control over 80% of installation with feature-dominant integrated solutions, numerous smaller PV inverter companies vie for the remaining 20%. Enteligent is leveling the playing field for these smaller players with its NMax PV module-level power electronic (MLPE) rapid shutdown optimizer, which delivers high-quality performance and feature parity such as panel-level monitoring and PV module optimization that meet or exceed those of market leaders, at a more affordable price.

“The Platts Global Energy Awards has a long history of honoring industry pioneers whose vision and dedication power the progress and innovation of tomorrow. We are delighted to celebrate those who illuminate the path to a more sustainable future and look forward to convening this remarkable group of participants in New York this December," said Allison Sacco, Awards Executive Producer, S&P Global Commodity Insights.

An independent panel of international energy experts with backgrounds representing regulation, policymaking, corporate leadership, trading, and strategic consulting selected companies and individuals from 33 countries as finalists in 19 categories for this year’s awards program. Winners of the 26^th annual Platts Global Energy Awards will be announced the evening of December 12, 2024.

See the full list of finalists here: 2024 Platts Global Energy Awards Finalists.

About S&P Global Commodity Insights

S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information visit https://www.spglobal.com/commodityinsights.

About Enteligent

Enteligent is a California-based developer of smart solar power optimization and solar EV charging technologies that dramatically increase energy utilization, improve returns on energy investments and enable critical paradigm shifts in the way we use energy for the upcoming green electrification revolution. Enteligent’s NMax photovoltaic module power optimizers use smart digital technology to both dynamically adjust when to optimize and provide panel-level monitoring data, resulting in greater rooftop yield, more energy harvesting and higher system reliability. Enteligent’s bidirectional DC-to-DC powered bidirectional EV chargers enable direct electrification from clean energy to charge faster and more efficiently, recouping up to 25% of electricity lost by traditional means. Learn more about Enteligent at: https://enteligent.com/

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Michelle Hargis

enteligent@mercomcapital.com

US: +1.512.215.4452

Source: Enteligent Inc.