2023 was the hottest year on record and dangerously close to the limits set by the Paris Agreement—signaling the stark urgency of the climate crisis and the imperative to redouble our efforts to accelerate the clean energy transition.
We know that the future of energy depends on our ability to store it—and the future of the planet depends on our ability to drastically reduce our carbon footprint.
Individually and collectively, we joined the clean energy sector because we saw the writing on the wall; there is a narrowing path to reaching the Paris Agreement goal of limiting global warming to well below two degrees Celsius compared to pre-industrial levels. And there is no way to achieve the goals of the Paris Agreement without energy storage.
Convergent Energy and Power (Convergent), a leading developer of energy storage solutions in North America, has been in the energy storage industry since its infancy, more than a decade ago. Throughout that time, we’ve gained expertise, working closely with businesses and utilities to take the hassle out of energy storage by building, owning, and operating systems on their behalf.
It seems as if every successive year becomes the most exciting time to be in the energy storage sector—but every successive year also becomes the most urgent time to do what we do.
With ongoing support from our ownership group ECP, Convergent continues to capitalize on the growing demand for both energy storage and the clean energy transition. As of December 2023, we have invested or committed over $1bn to projects in operation or under development across North America.
In our third annual Sustainability and Impact Report, we’ll share more about how we integrate Environmental, Social, and Governance (ESG) performance into our overall success metrics. We’ll share the ways in which we consider our impact on people (our team, customers, partners, vendors, and the communities we are part of) and on the planet. In addition, we’ll share our commitment to continuous improvement and some of the ways that we can do more, and do better, in the year ahead.
There has never been a more motivating or urgent time to be an ESG-led business committed to accelerating the clean energy transition through AI-powered energy storage and solar. We are prepared to meet this moment and look forward to investing—quite literally—in the future of energy and the planet.
Measuring Our Clean Energy Impact – A First Step
Below are some ways in which we measure our environmental impact across our portfolio, which helps us see where we are providing value to the communities where we operate and the grid at large.
Growing in the Right Direction: Plans for 2024 and Beyond
Our mission is to build an energy landscape that is less expensive, more reliable, and increasingly sustainable—one that benefits our employees, customers, communities, and planet. We remain dedicated to all of our stakeholders and bullish on our ability to accelerate the clean energy transition.
In 2023, we began to see the impact of the Inflation Reduction Act increasing awareness of—and demand for—energy storage and solar-plus-storage. We are eager to continue capitalizing on this boon for our industry.
At the end of 2023, we hired Donald J. Jenkins as Chief Operating Officer. Don will be responsible for scaling the business while maintaining and enhancing daily operations. Don is one of a few industry professionals who has been in the energy storage sector from the beginning; his wealth of experience will play an instrumental role in our ability to capitalize on the need and demand for energy storage.
With leadership from Don and other key folks, in 2024, we are focusing on the processes and procedures that allow us to efficiently and safely bring more energy storage and solar-plus-storage systems online.
Naturally, we are also redoubling our efforts to make Convergent a more sustainable, diverse, and inclusive place to work. We plan to build on the groundwork laid by our DEIB working group and recently launched Employee Resource Groups and leverage our most recent DEIB survey to drive our focus on inclusion and belonging in 2024. We continue to choose to donate the amount we would have spent on end-of-year customer gifts to the National Forest Foundation in order to plant 10,000 trees, along with becoming a sponsor of national nonprofit Women of Renewable Industries and Sustainable Energy (WRISE).
For us, continuous improvement is not just an action—it is a mentality that we strive to embed throughout the company. As it relates to our ongoing commitment to ESG, below are some of the tangible steps we are committing to in 2024 that we believe will strengthen our corporate stewardship and help us continue to align our business with our values and the interests of our many stakeholders.
Accelerate the Clean Energy Transition With Convergent
Climate change poses the greatest threat of our time and we are working to mitigate the catastrophic impact of a warming planet on current and future generations.
If you’re looking to reduce your carbon footprint and embrace critical ESG principles, Convergent can help. We’re accelerating the clean energy transition through AI-powered energy storage … and we’re ready to partner with your organization.
If you’re interested in learning more about how energy storage can benefit your business, utility, or community, please contact us today for a free, customized evaluation.
