Monitoring

Enerwise Global Technologies Acquires Clean Power Markets

In a new agreement, Enerwise Global Technologies acquired California-based Clean Power Markets, Inc., as a wholly owned subsidiary, enabling Enerwise to expand its product offerings in the renewable energy industry.

Clean Power Markets, Inc. of Los Altos, California, has provided the infrastructure at the wholesale level for the renewable power market to accurately track and verify green power transactions for compliance with renewable portfolio standards since its founding in 2000. Green (or renewable) energy trades in regulated and deregulated electricity markets and electricity disclosure requirements by states, regions, or green-e are also tracked and verified. “With the addition of Clean Power Markets’ capabilities, Enerwise offers the marketplace the strongest and most comprehensive suite of renewable energy products and services available, including the administration and tracking of state and regional renewable portfolio standards,” said Dean Musser, president and CEO of Enerwise. Current and future Enerwise customers will benefit from a proven resource on tracking and monitoring renewable power under the combined companies as well as Clean Power Markets’ expertise in facilitating the trade of green power. This will be especially important for customers required to meet energy consumptive goals with renewable resources. Clean Power Markets builds and administers web-based renewable energy tracking systems for Wisconsin’s Renewable Resource Credit program, New Jersey’s Solar Renewable Energy Certificate program, and the Connecticut Clean Energy Fund.