About AWS Truepower and DEWI
AWS Truepower and DEWI is an Energy & Utilities company based in Albany (United States) founded in 1994. Software solutions and advisory services for renewable energy are provided. The company has 41 employees. AWS Truepower and DEWI has completed 1 acquisition, including Windographer. Its Indian entity Ul Business Services India Llp reported revenue of ₹14.53 Cr. Its focus areas include Energy Tech, Renewable Energy Tech, Horizontal and Portfolio Management Software.
Company details
UL Renewables, formed with the acquisition of AWS Truepower and DEWI by UL LLC, offering a suite of software solution and technical advisory services to wind, solar, other renewable energy, and energy storage sector. Core service portfolio includes project development support like site screening feasibility, resource assessment, technology selection suitability; asset management; due diligence; grid solutions like energy forecasting, grid management planning, atmospheric modeling; testing inspection; and many others. Also, offers advisory services like verification, inspection risk assessment, testing certification for materials, components, products, and systems. The offered suite of software tools are Wind Developer Suite; Windnavigator; Wind Data Management; Windographer; Openwind; Wind Speed Maps; Time Series; Custom Wind Resource Grid; and many others to support the development, assessment, and operation of renewable energy projects.
- Headquarters Albany, United States
- Employees 41
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website ul.com/industries/energy-and-utilities/renewables
- Social LinkedIn
- Legal Name Ul Business Services India Llp
- Date of Incorporation 26 Jun, 2013
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹14.53 Cr
FY 2020 · +4% YoY
- Indian entity net profit₹3.10 Cr
FY 2020 · 21% margin
- Indian entity EBITDA₹14.53 Cr
FY 2020 · 100% margin
- Latest Funding Round$487.08K (USD), Grant
Feb 2018
- InvestorsEuropean Union
& 1 more
- Employee Count41
- Investments & Acquisitions
Associated legal entities of AWS Truepower and DEWI
AWS Truepower and DEWI operates through Ul Business Services India Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ul Business Services India Llp CIN AAB-6065 | Active | 26 Jun 2013 | Bangalore, Karnataka | ₹14.5 Cr | 37 | 2 | View details |
Funding Insights of AWS Truepower and DEWI
- Total Rounds 2
- Last Round Grant — $487,076
- First Round $3.52M
(Sep 2010)
- Investors Count 2
All 2 funding rounds of AWS Truepower and DEWI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2018 | $487,076 | Grant | – | – | |
| Sep 2010 | $3.52M | Grant | – | – |
2 investors in total: 2 institutional.
Investors in AWS Truepower and DEWI
AWS Truepower and DEWI has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States |
Investor details for AWS Truepower and DEWI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ul Business Services India Llp (AWS Truepower and DEWI)
Ul Business Services India Llp is the primary company behind AWS Truepower and DEWI. The board of Ul Business Services India Llp currently have 2 directors; the longest-serving is Suresh Sugavanam, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Sugavanam DIN 06743085 | Designated Partner | 31 May 2017 | 9 yrs 5 mo | Ul Business Services India Llp |
| Prosenjit Roy DIN 07933111 | Designated Partner | 02 Apr 2025 | 1 yr 7 mo | Ul Business Services India Llp |
Financials of AWS Truepower and DEWI
Figures of Ul Business Services India Llp, the primary company behind AWS Truepower and DEWI, for FY 2020. Revenue was ₹14.53 Cr (+4% year on year). Net profit was ₹3.10 Cr (21% margin). EBITDA was ₹14.53 Cr (100% margin). Revenue has grown at a compounded annual rate of -2% over three years and +13% over five years.
- ₹14.53 CrRevenue · FY 2020 · +4% YoY
- ₹3.10 CrNet profit · 21% margin
- ₹14.53 CrEBITDA · 100% margin
- 37Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ul Business Services India Llp are on its company page.
Detailed financial statements for AWS Truepower and DEWI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by AWS Truepower and DEWI
AWS Truepower and DEWI has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Windographer.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Wind resource assessment software is provided for data analysis. | windographer.com | Albany, United States | 2006 | Dec 2014 | •••• |
Complete acquisition details for AWS Truepower and DEWI
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of AWS Truepower and DEWI
4 dated milestones of AWS Truepower and DEWI across 24 years, from founding to its latest funding, stage changes and deals.
- Founded AWS Truepower and DEWI is founded.
- Funding First funding round of $3.5M.
- Acquisition Acquires Windographer.
- Funding Latest funding round, Grant, of $487K.
Web traffic of AWS Truepower and DEWI
The website of AWS Truepower and DEWI (aws-dewi.ul.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 17% vs previous month
Top companies in Renewable Energy Platforms
3 companies that operate in the same segment as AWS Truepower and DEWI (Renewable Energy Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Frequently Asked Questions about AWS Truepower and DEWI
AWS Truepower and DEWI was founded in 1994 and raised its 1st funding round 16 years after it was founded.
AWS Truepower and DEWI is headquartered in Albany, United States.
AWS Truepower and DEWI has 41 employees.
The primary company behind AWS Truepower and DEWI, Ul Business Services India Llp, reported revenue of ₹14.53 Cr for FY 2020, up 4% year on year.
UL Renewables, formed with the acquisition of AWS Truepower and DEWI by UL LLC, offering a suite of software solution and technical advisory services to wind, solar, other renewable energy, and energy storage sector. Core service portfolio includes project development support like site screening feasibility, resource assessment, technology selection suitability; asset management; due diligence; grid solutions like energy forecasting, grid management planning, atmospheric modeling; testing inspection; and many others. Also, offers advisory services like verification, inspection risk assessment, testing certification for materials, components, products, and systems. The offered suite of software tools are Wind Developer Suite; Windnavigator; Wind Data Management; Windographer; Openwind; Wind Speed Maps; Time Series; Custom Wind Resource Grid; and many others to support the development, assessment, and operation of renewable energy projects.
AWS Truepower and DEWI has made 1 acquisition, including Windographer.
AWS Truepower and DEWI has 2 investors. Key investors include European Union, and OSTI.GOV.
AWS Truepower and DEWI operates through Ul Business Services India Llp.
The legal entities of AWS Truepower and DEWI currently have 2 directors, including Prosenjit Roy, Suresh Sugavanam.