Press Room

Name: VECKTA
Year of incorporation: 2019
Country of origin: USA
Location: San Diego, USA

Founding team:

CEO, co-founder: GARETH EVANS
CSO co-founder: TRISTAN JACKSON

Summary: The VECKTA platform integrates the world’s most advanced energy system engineering tools with an integrated end-to-end marketplace to seamlessly bring together all the stakeholders required to assess, design, supply, build, and finance customized distributed energy and microgrid systems for commercial and industrial businesses.

Product: Marketplace platform to integrate and accelerate the development of distributed energy systems and microgrid projects.

Employees: 25
Website: www.veckta.com

Social media accounts:

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LinkedIn

Company origin: VECKTA is a joint venture of global engineering consulting company Worley and microgrid planning assessment software developer XENDEE, created to revolutionize the way microgrids and distributed energy systems are designed, sourced, financed, and deployed.

VECKTA is the Energy Transition Market Platform. VECKTA integrates the world’s most advanced energy system engineering tools with an end-to-end marketplace to integrate and accelerate the development of distributed energy systems (DES) and microgrid projects. VECKTA empowers businesses and communities to quickly and easily baseline their energy situation today, customize a solution specific to their needs (cost, reliability and/or emissions) and then seamlessly engage and contract the best equipment, services, and capital providers in the market to finance, deploy and operate it sustainably and profitably.

VECKTA is the market platform that delivers full turnkey microgrid design and implementation solutions. Offering 10x improvements over the status quo, VECKTA empowers large energy users to assess, finance, procure, and deploy customized onsite microgrid systems.

• One-stop marketplace platform
• Customized energy systems
• Technology-agnostic solutions
• User-friendly buying experience
• Procurement and Contracting
• Cost certainty & sustainability

Opportunity:
Demand for microgrids/ Distributed Energy Systems (DES) is accelerating exponentially. Businesses need to transition to a more secure, sustainable and profitable energy future by using DES.

Problem:
DES are complex to design, finance and build – industry is stuck in analog mode with slow, expensive deal flow and paper-based contracting. Energy users do not have access to a user friendly, coordinated and transparent market for their customized needs.

Solution:
VECKTA is The Energy Transition Market Platform. VECKTA integrates the world’s most advanced Distributed Energy System design software (XENDEE) with an end-to-end marketplace to bring together all the stakeholders to assess, design, supply, build, and finance microgrids and other DES. VECKTA empowers businesses and communities to quickly and easily baseline their energy situation today, customize a solution specific to their needs (cost, reliability and/or emissions) and then seamlessly engage and contract the best equipment, services, and capital providers in the market to finance, deploy and operate it sustainably and profitably. Capabilities include:

• Consideration of technical, physical, financial and contractual needs.
• Empower and connect key stakeholders to design, optimize, finance and deploy distributed energy system solutions.
• Industry-defining analysis toolkit reduces feasibility study costs by 90%, providing a customized plan.
• Data-driven market platform matches project needs and partners for the most cost- and schedule-efficient results.
• Procurement and contracting, facilitates win-win collaboration and ensures profitable outcomes for all stakeholders.
• Integrated and optimized custom solutions to site specific energy needs using real time market data.

Origin:
VECKTA is a joint venture of global engineering consulting company Worley and microgrid planning assessment software developer XENDEE, created to revolutionize the way microgrids and distributed energy systems are designed, sourced, financed, and deployed.