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It’s easy to see what’s motivating India’s emerging ecosystem of sustainable technology startups with a glance out the window from the office of Sangam Ventures in Gurugram, just outside of Delhi. In response, a vibrant ecosystem of sustainability-oriented startups, investors and incubators is taking shape in India today.
rooftop solar installer, finalized two utility partnerships to turn home batteries into miniature power plants. Participants will receive $250 for letting Sunrun control their batteries based on signals from SCE. That’s a central proposition of visions for a decentralized, digital electric grid.
Stem, the decade-old behind-the-meterbatterystartup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. and abroad.
And in energy circles, one of the biggest buzzwords in recent years is the virtual power plant, or VPP. But VPPs have really taken off in the last 10 years, not just as a concept but as something that a growing number of energy companies are creating, using and commercializing.
Unlike SaaS startups with predictable revenue cycles and low overhead, climate companies often require real capital outlays, rely on partnership dependencies, and have long-term investment horizons for returns. This is a non-exhaustive list of financing options available to climate startups.
Canadian startup e-Zn has raised money to store clean energy far longer than currently available batteries allow, using cheap and abundant zinc. Chicago-based evergreen fund Energy Foundry led the round, joined by Toronto's MaRS Investment Accelerator Fund, Sustainable Chemistry Alliance and Emeraude Capital.
Over the past decade, Geli has seen its software put to use to design, install and operate megawatts of grid-connected and behind-the-meterbattery and microgrid projects. Batteries are becoming an increasingly valuable addition to distributed solar projects, and that's true both for homeowners and some commercial customers.
Why can’t you get an accurate, fact-based online quote for a rooftop solar system, backup battery or electric vehicle charger as easily as getting a quote on, say, a mortgage refinancing or home insurance policy? electric customers now have smart meters, which could open data-sharing opportunities across the country.
Vermont utility Green Mountain Power not only verified the efficacy of residential batteries for meeting grid needs, it saved its customers millions of dollars with them. It already has not a couple hundred, but 2,567 utility-controlled Powerwall batteries sitting in customer homes, adding up to around 13 megawatts.
Homes need a lot more digital smarts nowadays to manage rooftop solar, backup batteries and electric vehicle chargers. It’s nice if those distributed energy resources (DERs) can be integrated with household electrical load controls via smartphone or Alexa or Google voice-activated devices.
Blockchain’s energy sector uses range from the highly speculative—think peer-to-peer energy trading using cryptocurrency raised in initial coin offerings (ICOs)—to more incremental efforts, grounded in real-world challenges of operating an increasingly decentralized power grid. are testing it out.
San Francisco-based startup Leap has raised $8.2 million in equity and debt, aimed at expanding its business of linking megawatts of flexible behind-the-meter load to grid market opportunities in California.
Smart home electrical panel, meet voice-activated home controls. That’s the connection being made by San Francisco-based startup Span.IO Those include a subset of home energy management systems, such as smart thermostat provider Ecobee and wireless energy sensor startup Tado.
Proterra, builder of electric buses, heavy-duty vehicle drivetrains, batteries and charging systems, plans to go public on the NASDAQ exchange via merger with a special purpose acquisition company (SPAC), the latest in a string of EV companies seeking access to public market financing to meet growing demand.
Over the past decade, a new class of digital power electronics has emerged that can shape, shift and control the flow of electricity on the power grid in ways never before seen. Others have been forced out of business, as with startup Gridco last year. SP Energy taps Ermco, Gridbridge.
Last year, we covered a pilot project from California community energy provider Silicon Valley Clean Energy and startup UtilityAPI, meant to make sharing smart meter data between customers and approved third-party companies as easy as a few clicks of a mouse, instead of the utility paperwork and waiting time-heavy ordeal it is today.
Sunrun is landing contract after contract to put solar-charged residential batteries to work serving grid needs. On Thursday, it picked Silicon Valley energy management software startup AutoGrid to help it optimize this growing fleet. ” Fleets of batteries, meet optimization software.
Last month’s preventative power shutoffs in California highlighted the vulnerability of the electricity grid to threats exacerbated by a changing climate. But what about the mobile battery packs carried in the hundreds of thousands of electric vehicles now on the road in California? kilowatt-hour nameplate capacity.
California is facing a major decision under a tight deadline — whether it should push for large-scale power plants and batteries to prevent a repeat of its August 2020 rolling blackouts this coming summer, or turn to behind-the-meter resources like batteries and demand response. 14 and 15 last year.
With a fresh round of funding, Wildcat Discovery Technologies is busy expanding its facilities, building up its battery team and doubling down on promising solid-state research projects. We asked the energy storage experts to help clear up the hype around solid-state batteries. The state of solid-state.
Climatetech startups receiving funding, partnering with key stakeholders, and deploying their tech around the world! Form Energy closed a $240M Series D , which will accelerate the market entry of its multi-day, cost-effective energy storage technology. American Battery Technology Company closed a $39.1M funding round.
Span.IO, the San Francisco-based startup that makes a smart home electrical panel that can track and control behind-the-meterbatteries, rooftop solar inverters, EV chargers and other key household loads via smartphone, has landed a $10.2 Leading U.S.
As analysts, investors, journalists, and other experts offer up their predictions for this year’s climatetech areas to watch, Greentown’s featuring just a sampling of our startup members innovating in these key categories. 2024 is here, and it’s full of promise for the climatetech industry. Let us know on LinkedIn!
Iron flow batterystartup ESS raised an additional $30 million to take its technology from pilots to commercial scale. Since 2011, the company has been developing a low-cost, nonflammable long-duration storage technology to compete across domains where the dominant lithium-ion battery chemistries are weaker.
ConnectDER, a startup with a smart meter socket device that’s been deployed in the thousands by select U.S. utilities to support distributed solar, has closed a $7 million series B round round to help roll out a new version of its system targeting behind-the-meterbatteries and plug-in electric cars.
EDF Renewables has acquired PowerFlex Systems , a California startup with technology to manage one of the biggest challenges for scaling up electric vehicle charging: controlling the loads that lots of EVs charging at once can place on the power infrastructure of the sites hosting the chargers. European acquisition spree.
A new company backed by an experienced oil and gas investor wants to revitalize the choppy commercial storage market. The Energy Transition team at Houston-based EnCap Investments is funding Catalyze, a group that develops, owns and operates distributed energy projects, including storage. Break from the past.
But a segment of the grid edge industry has been trying to achieve that for years, installing controllable devices at homes and businesses that can work together to help the grid. Though small individually, distributed energy resources are projected to grow to 387 gigawatts in the next five years , according to research by Wood Mackenzie.
#Greentown10 is a celebration of the startups, partners, ecosystem collaborators, and other climate champions who have worked together over Greentown’s first decade. Both startups and corporates have enormous roles to play in tackling the climate crisis, and their impact is most significant when they work together.
Home battery storage has grown precipitously in recent years, but it still doesn’t match the scale and accessibility of a home appliance. Now, the Wyoming-based startup is preparing to ship its sleek, plug-in home battery panels in July for field tests in Australia, Europe and the U.K., A full U.S. A full U.S. kilowatts/2.2
Nearly 30 startups joined our community in the final quarter of 2020, working on innovations as diverse as zinc-ion batteries, long-range weather forecasts, wave energy conversion, and replacements for petrochemical plastics. We’re thrilled to support these groundbreaking climatetech startups—let us introduce you!
This week’s edition of Smart Energy Finances sees three load shifting investments take centre stage as demand response becomes a more notable priority for utilities the world over. 120 million for Swell Energy’s VPP suite. 120 million for Swell Energy’s VPP suite.
Energy storage software company Stem will operate a 345-megawatt-hour portfolio of distributed batteries in Southern California Edison utility territory. But it didn’t develop or build these batteries — it’s taking them over from long-time competitor AMS. Managing these batteries isn't a simple task.
REEs platform includes both electrical and mechanical connection points to make it easy for upfitters to create an endless variety of vocational vehicles. The first generation of modern EVs shoehorned an electric motor and a battery into a vehicle that was designed around an engine, a transmission and a gas tank.
A team of researchers at Penn State has developed a new battery structure that uses internal thermal modulation to optimize battery temperature, which could lead to faster charging times. The researchers describe their work in “ Fast charging of energy-dense lithium-ion batteries ,” published in Nature.
17 Southern California Energy Innovation Network Companies Will Present. SAN DIEGO, CA, October 21, 2020 – This November, the energy innovations of 17 regional cleantech entrepreneurs will be featured during a three-part Cleantech San Diego series showcasing startups in the Southern California Energy Innovation Network (SCEIN).
Converting a fleet from fossil-fueled to electric is a lot more complicated than simply buying new vehicles. The electric cars, trucks and buses need carefully scheduled charging to ensure they have sufficient fuel for their duties. New startup Amply wants to resolve these complexities so fleet operators don't have to.
Ten years ago, Greentown began when four startups decided to split the cost of rent and resources. On Earth Day 2021, Greentown Houston opens its doors to a new ecosystem of entrepreneurs who are tackling our biggest climate challenges and shaping the energy transition. Electricity. Agtech + Water.
Seventeen startups joined our community in the final months of 2022, working on innovations as diverse as a smart nanocoating to keep products fresh, an autonomous waste-sorting system, and drinking water drawn from air’s humidity. We’re thrilled to support these groundbreaking climatetech startups—let us introduce you! Electricity.
What if you could harness the air around you to power your cell phone? You’d never have to find a wall outlet, or dispose of a near-unrecyclable battery. You could power your most-used electronic in a truly renewable way. Basically, a thin film of nanowires can be made to somewhat magically produce a small electric current.
Innovate UK KTN has chosen 13 startups to participate in its sustainability accelerator programme. All companies have received funding from Innovate UKs Sustainable Innovation Fund and are now seeking venture capital to scale their business and impact. Described by Google as ‘the next big unicorn.’.
Twenty-five startups joined our community in the final months of 2021, working on innovations as diverse as solar-plus-storage for blackouts, plastic and tire recycling, geothermal power generation, and construction-less dam electrification. We’re thrilled to support these groundbreaking climatetech startups—let us introduce you!
Atom Power has raised $17.8 million to boost production of its all-digital circuit breakers and panels for high-stress industrial and commercial settings, from factories and data centers to large-scale electric vehicle charging systems. Kennedy declined to comment on how Atom Power might work with its investors.
Brooklyn startup David Energy on Wednesday announced a $1.5 million pre-seed funding round, as it looks to transform into an energy retailer that helps customers get more value out of their solar and storage systems. Lining up against the giants.
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