The energy sector, closely linked with utilities, is undergoing a significant shift towards cleaner and sustainable sources like solar, wind, and hydroelectric power. This transition is driven by a confluence of factors, including increasing concerns about climate change, government incentives for renewable energy adoption, and growing consumer demand for sustainable alternatives. Utilities play a pivotal role in integrating renewable sources into the grid and ensuring dependable provision of electricity amidst these changes.

Renewable energy, energy storage, smart grids, electric vehicles, and decentralized energy systems are pivotal technologies shaping the future of the energy and utility sectors. For instance, advancements in solar photovoltaic (PV) technology have led to a remarkable 80% reduction in module costs since 2010, making solar energy increasingly accessible and affordable. Smart grid solutions optimize energy distribution, reduce transmission losses, and enhance grid resilience, while electric vehicles are poised to revolutionize transportation and energy consumption patterns. These technologies enhance efficiency, reliability, and sustainability for energy generation, distribution, and usage.

• In 2020, renewable energy sources contributed to almost 28% of global electricity generation, marking a significant step towards cleaner energy adoption.
• The plummeting costs of solar PV modules have made solar energy increasingly accessible and affordable, spurring further adoption worldwide.
• Annual electric vehicle sales are anticipated to surpass 50 million units by 2030, fostering demand for sustainable transportation options and charging infrastructure.
  
  

Our portfolio encompasses companies specializing in cutting-edge energy management software, smart grid solutions, energy storage tech, electric vehicle charging infrastructure, and decentralized energy systems. These companies are driving innovation, promoting sustainability, and spearheading digital transformation in the energy and utility domains.

Through strategic investments and visionary partnerships, Momenta is dedicated to fostering a transition towards a cleaner, more sustainable energy landscape.