Philadelphia-based ConnectDER has raised $35 million in a Series D funding round, led by Decarbonization Partners, a venture fund established by BlackRock and Temasek. This significant investment will enable the company to scale its market presence, enhance manufacturing capabilities, and accelerate innovation in its energy solutions.
ConnectDER’s Mission and Technology
Founded in 2011, ConnectDER focuses on simplifying the adoption of clean energy technologies in residential settings. Its flagship product, the Meter Socket Adapter (MSA), allows...
Moving utilities toward a modern energy system BY RONNY SANDOVAL, Environmental Defense Fund The need to build a smarter energy infrastructure has never been greater. Storms and other extreme weather events such as Hurricane Sandy continue to test the limits of the existing, century-old electric...
A coalition of large energy consumers and ratepayer advocates has filed a complaint with the Federal Energy Regulatory Commission (FERC), urging the agency to prohibit transmission owners from independently planning "local" transmission projects exceeding 100 kilovolts (kV). The coalition argues...
Distributed generation resources takes a giant step forward BY KEN GEISLER, Siemens For the majority of its existence, the electrical grid has been powered with large, remote “centralized” generation. Centralized power plants often need to reach substations serving load centers that...
Duke Energy has received approval from North Carolina regulators to deploy a significant amount of new power generation capacity in the state, including new natural gas plants, as part of its long-term energy transition strategy. The decision, which is expected to have a major impact on the...
In a significant shift in its renewable energy strategy, New Jersey has recently decided to cancel its plans to award a fourth offshore wind farm project. The decision marks a crucial moment in the state’s ongoing efforts to expand its offshore wind sector, which has long been hailed as a...
As the U.S. strives to strengthen its domestic renewable energy sector, ES Foundry, a new player in solar cell manufacturing, is helping to reshape the landscape. The company recently celebrated the grand opening of its cutting-edge facility in South Carolina, marking a significant step toward...
Sunnova, a prominent player in the residential and commercial solar industry, has recently announced a game-changing partnership with OpenSolar, a software company that provides a robust platform for solar installers. This new collaboration aims to leverage artificial intelligence (AI) to enhance...
As the U.S. energy landscape shifts towards cleaner, renewable sources, stakeholders in the solar, storage, and broader clean energy sectors are intensifying their lobbying efforts in Washington, D.C., aiming to secure the future of critical tax incentives introduced under the Inflation Reduction...
NuVision Solar, an American-owned and operated manufacturer of solar cells and modules, has announced its entry into the North American market. This strategic move aims to bolster domestic solar manufacturing and reduce reliance on imported solar components. Background The U.S. solar industry has...
In December 2024, the U.S. Department of Energy (DOE) announced funding to support community-led geothermal projects, aiming to enhance local energy resilience and promote equitable access to renewable energy. This initiative underscores the DOE's commitment to empowering communities in the...
