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...
Heavy incentives for small-scale distributed generation are floating around parts of Canada—and are growing globally. With large-scale generation becoming harder to build and having longer lead times, even utilities are looking favorably on small-scale distributed generation, such as residential...
With a fast-growing global population and increasing levels of industrialization, demand for electricity is expected to soar 60 percent between now and 2040. That means power grids will be called on to transmit more power, more efficiently. And to do so, they’ll have to adapt to an evolving...
In a significant move for the renewable energy landscape, RWE, a leading global energy company, has announced the addition of 450 megawatts (MW) of battery energy storage capacity in Texas. This expansion underscores the growing importance of energy storage solutions in enhancing grid reliability...
In a significant development for the renewable energy landscape, the Federal Energy Regulatory Commission (FERC) has approved the California Independent System Operator's (California ISO) proposed interconnection reforms. This decision is poised to streamline the process of connecting new energy...
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...
