Hover Energy has solidified its position as a leader in renewable energy, earning awards in the Research & Development, Innovation, and Business Expansion categories at the 2024 Power Technology Excellence Awards. These recognitions highlight Hover’s groundbreaking contributions to microgrid integration, hybrid energy systems, and the renewable energy sector at large.
The Power Technology Excellence Awards celebrate the most impactful achievements in the power industry. Guided by GlobalData’s insights, these awards recognize trailblazers driving transformative change in the sector.
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Award Highlights
Research & Development Award: For the Renewable Energy Router™, a pioneering solution that integrates diverse energy sources at the building level.
Innovation Award: For the Wind-Powered Microgrid™, a hybrid system that combines wind and solar technologies to enhance energy resilience.
Business Expansion Award: For its strategic joint venture with Alternus Clean Energy, which has accelerated Hover’s global reach and project portfolio.
Revolutionizing microgrid integration through advanced R&D
Hover Energy’s Renewable Energy Router™ redefines microgrid technology. Unlike traditional systems that alternate between energy sources, the Router seamlessly integrates renewable inputs such as wind and solar into a unified power stream. This advancement reduces inefficiencies, lowers costs, and supports future energy technologies.
Strategically partnering with IBM, Hover developed a sophisticated control system through the IBM Maximo® Application Suite, enabling real-time monitoring and optimization. This collaboration sets a new benchmark for sustainable, cost-efficient microgrid solutions.Innovative hybrid energy systems for the built environment.
Innovative hybrid energy systems for the built environment
The proprietary Wind-Powered Microgrid™ exemplifies Hover Energy’s leadership in hybrid energy systems. By harmonizing wind and solar technologies, this system ensures resilience and operational effectiveness, even during extreme weather events.
With ongoing advancements, such as the HE 4.3 model, the Microgrid is capable of achieving over 50% of onsite energy production, reducing reliance on utility grids and paving the way for Net Zero solutions in commercial and industrial settings. Collaborative testing with research institutions has validated the system’s reliability and adaptability in diverse environments.
Strategic business expansion in the renewable energy sector
Hover Energy’s joint venture with Alternus Clean Energy marks a significant milestone in the company’s expansion. Entering the European market with over 35 secured projects, Hover is poised to meet the growing demand for decentralized, renewable energy solutions.
By exceeding growth targets and launching innovative product lines, Hover Energy has positioned itself as a preferred partner for high-demand sectors, including data centers and industrial facilities. This partnership accelerates Hover’s ability to deliver comprehensive clean energy solutions, ensuring sustained leadership in the sector.
“The Power Technology Excellence Awards are a testament to Hover Energy’s unwavering commitment to technological innovation and excellence. It’s an incredible honor to be recognized across so many areas of impact. Over the past decade, we have relentlessly built, innovated, and adapted in a sector that the world now acknowledges as essential to achieving ‘real zero’ as a planet. This recognition affirms the exceptional work of our team, and I could not be more proud of what we’ve accomplished together.” – Chris Griffin, Founder & CEO, Hover Energy
Company Profile
Hover Energy is a leader in renewable energy innovation, specializing in microgrid integration and hybrid energy solutions. With proprietary technologies like the Wind-Powered Microgrid™ and Renewable Energy Router™, Hover enables businesses to transition seamlessly to sustainable energy.
Based in Dallas, Texas, Hover serves industries including commercial and industrial sectors, while expanding internationally to drive the global shift toward renewable energy.
Contact Details
+1 (214) 771-9747
E-mail: info@hoverenergy.com
Links
Website: https://hoverenergy.com/
