Smart grid flexibility and automationprimary
2 projects
FLEXIGRID focused on grid control, automation, islanding and fault detection; SYNERGY addressed smart grid management with AI and blockchain.
Organization
VERNT MONOPROSOPI ANONYMI ETAIRIA AEIFORON PROIONTON KAI YPIRESION
Greek energy company integrating smart grids, AI, and IoT to deliver data-driven energy efficiency and flexibility solutions across European demonstrators.
Engineering firmenergyEL
H2020 projects
5
As coordinator
0
Total EC funding
€1.7M
Unique partners
99
What they do
Their core work
VERD is a Greek private company focused on sustainable energy products and services, specializing in smart grid solutions, energy efficiency technologies, and data-driven energy management. Their work spans the full energy value chain — from grid flexibility and automation to consumer-facing energy services and IoT-based building upgrades. They bring integration expertise, connecting hardware (solar thermal, PV, EV charging, batteries) with software layers (AI, blockchain, data analytics) to deliver practical energy solutions for communities and distribution networks.
Core expertise
What they specialise in
Energy efficiency for buildings and communitiesprimary
3 projects
SPARCs targeted positive-energy communities with solar thermal and PV; frESCO developed new ESCO business models for residential consumers; PHOENIX delivered IoT-based building upgrade solutions.
Data analytics and AI for energy systemssecondary
3 projects
SYNERGY applied AI and multi-party computations to energy data; PHOENIX used IoT and data analytics for load shifting; frESCO employed big data for performance measurement and verification.
Distributed energy resources integrationsecondary
2 projects
SPARCs integrated distributed PV, bi-directional EV charging, and 2nd life batteries; SYNERGY addressed RES integration and asset management.
Energy business model innovationemerging
2 projects
frESCO developed new ESCO and aggregator business models; SYNERGY explored data-driven business models for energy-as-a-service.
Evolution & trajectory
How they've shifted over time
Early focus
Grid infrastructure and distributed energy
Recent focus
Data-driven energy services and AI
VERD's H2020 participation spans only 2019–2020 in terms of project start dates, so the evolution window is narrow but still visible. Their earlier projects (SPARCs, FLEXIGRID) focused on physical energy infrastructure — grid hardware, solar thermal, geothermal, EV charging, and distribution grid protections. Their later projects (SYNERGY, frESCO, PHOENIX) shifted toward software and services — AI, blockchain, data-driven business models, and consumer-facing energy efficiency solutions.
VERD is moving from hardware-oriented grid solutions toward software-driven energy services, making them an increasingly relevant partner for projects combining AI, IoT, and new energy business models.
Collaboration profile
How they like to work
Role: active_partnerReach: European18 countries collaborated
VERD operates exclusively as a participant — never as coordinator — across all five projects, suggesting they contribute specialized technical capabilities rather than leading consortium management. With 99 unique partners across 18 countries, they have built a remarkably broad network for a company with just five projects, indicating they work in large, diverse consortia typical of Innovation Actions. This wide but non-leading pattern suggests a reliable integration partner that fits well into ambitious multi-country demonstrators.
VERD has collaborated with 99 unique partners across 18 countries — an unusually wide network built through five large Innovation Action consortia. Their reach spans broadly across Europe with no strong geographic concentration beyond their Greek base.
Why partner with them
What sets them apart
VERD sits at an uncommon intersection: they bridge physical energy infrastructure (grids, PV, storage) with digital layers (AI, blockchain, IoT analytics). This dual competence makes them valuable for demonstration projects that need both hardware integration and smart software on top. Their exclusive focus on Innovation Actions — not research projects — means they are oriented toward deployment-ready, near-market solutions rather than early-stage science.
Notable projects
Highlights from their portfolio
- FLEXIGRIDLargest single grant (EUR 478K) and deepest technical scope in grid automation, control, and islanding — core to VERD's grid expertise.
- SYNERGYMarks VERD's pivot into AI, blockchain, and data-driven energy business models — their most digitally advanced project.
- SPARCsLongest-running project (2019–2024) covering the broadest technology mix from solar thermal to bi-directional EV charging and 2nd life batteries.
Cross-sector capabilities
Digital technologies and AIIoT and smart building systemsBlockchain and distributed data platformsConsumer behaviour and energy services
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