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Opus One Solutions
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Short description

Developer of real time control and optimization solutions for generation, storage, and electric vehicle resources

Founded in 2011
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector energy networks

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Richmond Hill, ON Richmond Hill, Canada
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Parent Companies

Updated by Joshua Wong at Opus One Solutions Energy Corporation on 06/23/2014

Edited by Cleantech Group on 07/04/2023

Traction
  • 1 M&A items
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Customers
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Date Company
11/01/2013

PowerStream PowerStream

Key customer deploying Opus One's gridOS Dynamic Volt-VAR Optimization System, for a distribution feeder with critical industrial and commercial customers, a high penetration of distributed generation, and experiencing issues with low voltage and failed capacitor controls.Opus One is demonstrating ability to solve grid challenges and optimize system performance.

Confirmed by PowerStream

Partnerships
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Date Partner Type
08/17/2021
AusNet Services AusNet Services
AusNet Services will deploy Opus One’s GridOS software to support project EDGE’s DER marketplace in the Hume Region of Victoria, Australia.
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Confirmed by AusNet Services
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IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

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Source

Description

Date Investors Type Amount
11/16/2022 Natural Resources Canada Natural Resources Canada (1)
Post-money valuation of
The Canadian Government is supporting research and development to accelerate clean electricity grid and provided grant to Opus that will provide utilities with software to optimize the number of distributed energy resources connected to the grid.
Grant $500,000
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Products
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Product image Name Product status Revenue model Cost metrics

gridOS Microgrid Controller

Microgrid controls to save costs, maximize electric vehicle charging, and usage of distributed generation, while providing islanded backup power.

Product Development License of Usage
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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