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TRENDE Acquiring Renewable Energy Business from ONE Energy

TRENDE Inc., has announced plans to acquire ONE Energy Corporation's renewable energy business. The acquisition includes ONE Energy's battery storage rental, solar leasing, and rooftop solar generation businesses. The transaction is expected to close on Oct. 1, 2024.
TRENDE Acquiring Renewable Energy Business from ONE Energy
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TRENDE is developing a battery storage and solar power system leasing business called "Teraris." The company anticipates synergies in providing similar services to ONE Energy's customers, leading to the decision to acquire the business. 

TRENDE plans to introduce ONE Energy's customers to the "Teraris" solar power system leasing, as well as the home battery storage system series "Smart Star." The "Smart Star" system enables remote charge and discharge control using AI "Grid Share" technology.

In the future, TRENDE aims to introduce peer-to-peer (P2P) electricity trading technology. This innovative approach allows customers to buy and sell excess solar energy directly with each other, creating a decentralized energy marketplace. 

By incorporating P2P trading, TRENDE can further optimize the use of renewable energy and provide additional value to its customers.

The acquisition of ONE Energy's business and the integration of "Teraris" and "Smart Star" systems will enable TRENDE to offer a comprehensive suite of renewable energy solutions to a wider customer base. This strategic move aligns with the growing demand for clean energy and energy storage systems, driven by the need for sustainable and reliable power sources.

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