# Orenda, Inc

> Orenda, Inc is a Brooklyn-based renewable energy company that develops, builds, and operates standalone battery energy storage projects across densely populated Downstate New York. Founded in 2020, Orenda handles the full lifecycle - site diligence, permitting, interconnection, engineering, construction, financing, and ongoing asset management - and pairs it with an AI/ML software platform that forecasts energy prices and optimizes when its battery fleets charge and discharge. The company claims roughly a 34% market share in New York City with a development pipeline of about 920 MW / 2.7 GWh, and is co-developing roughly 675 MW of distributed storage with the New York Power Authority.

- **Founded:** 2020
- **Headquarters:** Brooklyn, New York, United States
- **Founders:** Bill Grinstead (Co-Founder, President & CEO), Aidan Snyder (Co-Founder)
- **Team size:** ~35 employees
- **Products:** Standalone Battery Energy Storage Development, Asset Management Technology Platform, Energy Management System, Land Leasing & Landowner Partnerships
- **Notable:** Reached a claimed ~34% market share of energy storage in New York City., Built a development pipeline of ~920 MW / 2.7 GWh., Joint venture owns 40+ battery project sites rated for 200+ MW.

## Products & services

- **Standalone Battery Energy Storage Development** — End-to-end development of utility-scale, standalone battery storage projects - site diligence and origination, permitting, interconnection, engineering, procurement, and construction management - focused on Downstate New York.
- **Asset Management Technology Platform** — A cloud software platform with AI/ML models that forecast energy prices and optimize the dispatch (charge/discharge) of battery fleets over the life of the assets.
- **Energy Management System** — System for remotely dispatching and operating on-site batteries across the portfolio.
- **Land Leasing & Landowner Partnerships** — Leases urban lots and sites from landowners to host battery storage projects, providing revenue to property owners.

## Achievements

- Reached a claimed ~34% market share of energy storage in New York City.
- Built a development pipeline of ~920 MW / 2.7 GWh.
- Joint venture owns 40+ battery project sites rated for 200+ MW.
- Selected to co-develop ~675 MW of distributed storage with the New York Power Authority.
- Secured up to $42.5M in committed development capital from North Sky Capital.
- Attracted 50+ landowner partners across the NYC area.

## Latest updates

- **2025-12** — NYPA's updated renewables plan (approved December 2025) includes ~675 MW of distributed storage to be developed with Orenda.
- **2024-10** — North Sky Capital's Sustainable Infrastructure Fund IV made an initial $10M commitment to a joint venture with Orenda Power.
- **2022-11** — Raised early angel/seed funding; total early funding reported around $2.47M.

## Links

- Website: https://orendapower.com
- LinkedIn: https://www.linkedin.com/company/orenda-power

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Profile page: https://yespress.io/orenda-inc
Published by YesPress — https://yespress.io
Last updated: 2026-07-03