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Kraken and SolarEdge Announce Strategic Partnership for Low-Cost, Green Energy Solutions

Jul 25, 2024•almost 2 years ago

Contract Type

partnership

LondonInformation Technology

Description

Kraken Technologies and SolarEdge Technologies, Inc. have announced a strategic partnership aimed at unlocking low-cost, green energy for SolarEdge Home Battery customers worldwide. The partnership integrates SolarEdge batteries into Kraken's energy platform, providing customers with the ability to maximize earnings by charging batteries with cheap, clean energy and selling energy back to the grid, all fully automated by Kraken.

Company Information

Company

Kraken

Location

London, England, United Kingdom

About

Kraken is a proven, end-to-end AI-powered operating system that helps energy utilities improve customer satisfaction, accelerate product innovation, unlock new revenue streams, and achieve significant operational savings, now expanded to support the water and telecommunications sectors.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months