The add-on funding brings the energy services company’s cumulative Series E round to $250 million, and represents a significant step towards expanding Redaptive’s offerings and procuring new customers, the company said.
The new residential storage system connects two 10-hour batteries or 16-hour Prime battery modules in parallel to offer a capacity of 19.2 kWh to 32 kWh, with a maximum output of 9.6kW from the inverter.
In a virtual power plant partnership with OhmConnect, SunPower customers can earn rewards for managing electricity use during peak electricity demand hours.
$300 million in financing will help enable access to zero-up-front-cost, clean energy systems for California homeowners.
The company will partner with David Energy, a retail energy provider. Virtual power plants enable distributed resources to work in tandem to better respond to electricity grid demand.
The event, which is dedicated to advancing the clean energy transition, featured four keynote addresses, hundreds of exhibiting companies, the third annual Solar Games installer competition, and valuable distributed energy panel sessions and networking opportunities.
The partnership between AutoGrid and SWTCH Energy marks the first demand response program in North America to incorporate EV chargers in multi-unit residential buildings
The fire test clears the pay for the VPort battery system to be deployed in additional EV charging and energy storage applications
Rewiring America estimates that the average U.S. household can save $1,800 a year in utility costs by switching to all electric, plus the IRA offers added incentives.
The Schneider Home platform’s five components include a smartphone app to help monitor and allocate energy resources.
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