Software is eating renewable power markets: cleantech investment roundup
Here are five companies that have raised more than $50 million in funding in recent days — with an emphasis on solving renewable energy problems with software. Plus a climate change SPAC from Mary Powell and David Crane.
Terabase Energy raises funding to break the $0.01/kWh utility-scale solar barrier with software
Terabase wins a $6 million Round A led by SJF Ventures, an early funder of Nextracker, for an integrated software platform to make building utility-scale solar more efficient, smarter and cheaper.
Combating climate change with time series data
After raising $6 million in funding, the team at Myst AI is bringing to market advanced electricity forecasting models that can help electricity companies forecast electricity demand, renewable production and market prices more accurately than ever before.
Raptor Maps secures funding, sets sights on scaling the solar industry with software and data
With monitoring data from more than 25 GW of PV installations across 35 countries, Raptor Maps is looking to expand the company’s influence even further, after closing on $5 million in Series A financing.
Software could have prevented California’s rolling blackouts
Load flexibility software does what utilities and grid operators have been begging and pleading for homeowners to do manually.
WattBuy launches address-level electricity cost and carbon footprint calculator
The tool is intended to help solar developers show customers their potential electricity cost savings and their carbon footprint reductions, making that customer more likely to consider the switch to solar.
Morning Brief: Texas solar hits a turning point, new round of coal plant retirements
Also in the brief: Recurrent Energy has begun construction on the 144 MW Pflugerville solar project, Ion Energy chosen by EsVolta to improve the operational efficiency of its utility scale battery energy storage
Clean energy VC funding roundup: Residential flow batteries, solar sales software and financing, EV charging and more
Investors continue to invest and clean energy entrepreneurs continue to innovate — despite global setbacks. Here are six companies that won a total of $170 million in funding in recent days, ranging across the cleantech spectrum.
Q Cells to acquire energy software startup Geli, expanding its storage capabilities to go after C&I markets
The acquisition is Q Cells’ first energy storage acquisition and marks its move into the U.S. commercial and industrial (C&I) solar-plus-storage market.
Goldin Solar gives a look at Tesla’s newest energy management offering
pv magazine spoke with Goldin Solar CEO Daren Goldin about what sets the new Tesla Backup Gateway 2 apart from its predecessor and what it means for the future of distributed energy management.
