FlexGen, the largest independent energy storage technology company in the U.S., announced new leadership with industry veterans Kelcy Pegler and Yann Brandt coming on as CEO and CFO. FlexGen designs and integrates energy storage solutions and the software platform that is enabling today’s energy transition.
The global utility-scale energy storage market is on track for a record year in 2021, with the U.S. continuing to lead the way. A new report demonstrates that global utility-scale energy storage installations are set to double year-over-year growth and exceed 10 GW this year, with the United States accounting for 50% of the global market.
"I'm thrilled to be joining FlexGen at such an important and exciting time. There are no more excuses or limitations to creating a more intelligent power grid. Energy storage is a critical part of today’s energy transition--and will create a cleaner and more resilient system," said Kelcy Pegler, CEO of FlexGen.
“Energy storage is the next frontier in energy. We’ve seen the impacts that a lack of grid resiliency can have on consumers throughout the Country, from Texas to California and the Northeast. Over the last decade, FlexGen has been on the leading edge of storage and I’m excited to be joining at such a critical time,” said Yann Brandt, CFO of FlexGen.
Climate driven natural disasters and weather events have risen to be a significant problem across America. From Hurricanes Sandy and Harvey to the wildfires in the West, to the recent Texas weather driven blackouts, the grid is strained more than ever before. Energy storage systems with end to end software platforms build grid and energy system resilience for the 21st Century.
Kelcy Pegler: Kelcy is an established leader of rapid growth companies. He understands how to move quickly to capitalize on market opportunities in new industry sectors. Prior to being named FlexGen CEO, Kelcy was the Executive Chairman of SOFDESK, a Solar, Roofing & Storage Software Company. Kelcy led the growth and expansion of SofDesk, which resulted in its sale to Enphase Energy in 2021.
Earlier, Kelcy co-founded and served as CEO of Roof Diagnostics Solar, a fast-growing residential solar installation company. Roof Diagnostics went from $0 to $100M in revenue in three short years and added more than 500 employees. In 2014, Kelcy oversaw the acquisition of Roof Diagnostics by Fortune 200 Company, NRG Energy. After the acquisition, Kelcy was named CEO of NRG Home Solar.
Yann Brandt: Yann is a 15-year solar industry veteran with expertise in growth marketing, sales, technology, and turnarounds. Most recently, Yann led the turnaround of the leading solar hardware company, Quick Mount PV, where the company doubled revenues and was acquired by private equity within 14 months of his engagement.
Prior to that, Yann was President for Americas at Conergy, acquiring over 100MW in assets and 1GW of pipeline with transactions of over $1Billion in M&A and project finance.
For the past eight years, Yann has published a daily newsletter, SolarWakeup, which is read throughout the global industry and often cited by significant equities analysts and is an appointed director on the board of the California Solar and Storage Association (CALSSA).
FlexGen | http://www.flexgen.com