Greenlet develops a highly-integrated system for the Smart Grid market, leveraging Internet, IT and power electronics for reducing electric power consumption during peak hours. Greenlet's core technology allows fast deployment of peak shaving and Demand Response programs, without the need for professional installation, reducing time to market and maximizing cost cutting for utilities and customers.
Our suite is comprised of a central software application which tracks power consumption, sends commands for power reduction, implements load balancing algorithms, and calculates the payback customers are eligible to get for power curtailment.
Leveraging a patent pending AD&R core technology, the solution allows fast deployment of "Greenlet" units that control electrical loads in an economical fashion, and most importantly require no professional installation.
 

Team

Our team is composed of high-tech, energy and business veterans, who served in a variety of companies including Chromatis (sold to Lucent for $5B), Native (Sold to Alcatel for $55M, 888 holdings (a Billion $ company), Amdocs, Arcadian Networks etc.

The Founders

Avner Cohen, CEO, Co-Founder
Avner gained 16 years of experience in successful high-tech companies. He served in leading positions in 3 startups which were acquired by Telecom giants - Chromatis Networks (acquired by Lucent for $5 Billions), Native Networks (acquired by Alcatel for $55 M), and iamba Networks (acquired by Marvell for $10 Millions). He also worked for RAD and Motorola Semiconductor. Many of the products he developed were deployed by leading companies including BT, France Telecom, Japan Telecom and others. Prior to founding Greenlet he worked for Precede - an investment firm focused on Cleantech, led by Chromatis founders.

Holds an MBA, a B.Sc EE (Cum Laude) and M.Sc BM (Cum Laude).

Nir Marom, Director, Co-Founder

Nir is an entrepreneur with significant business background. Among other things, Nir is founder of "SunIsrael" (a solar energy manufacturer, representative of SunEdison in Israel) and "Insights" (a business strategy consulting company serving clients on a variety of areas such as Strategic guidance, Mergers and acquisitions, investment assessment etc.) Nir has substantial experience in green power through Greenlet, SunIsrael and other related efforts (Fuel cells, hydrogen work and Energy storage) as an entrepreneur and as a consultant. Prior to his freelance work, Nir spent 5 years as a consultant with McKinsey & Co.

Nir holds an MBA with distinction from INSEAD, a BA with distinction in Economics and an LLB both from Haifa University and is a Captain on reserve in the IDF.

www.greenlettechnologies.com