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The grid side startup is set to roll down its next generation of products, that really help monitor and orchestrate behind-the-meter solar and storage space.
Senior Editor Greentech Media
Resources deploy the smart meter collar to aid monitor behind-the-meter resources. (Credit: ConnectDER)
ConnectDER, a startup with a smart meter socket unit that is been implemented into the thousands by choose U.S. Utilities to aid distributed solar, has closed a $7 million series B circular round to simply help roll away a brand new form of its system targeting behind-the-meter batteries and plug-in electric automobiles.
This week’s round had been led by Clean Energy Ventures, Skyview Ventures and Avista developing, the arm that is unregulated of Northwest energy Avista. The round brings the Arlington, Va. -based startup’s total capital to date to about $11 million, including a $1.1 million Series the in 2017 and about $850,000 in financing from early-stage sources such as the Energy Department’s SunShot Initiative.
ConnectDER’s role with SunShot would be to touch the possibility of this meter socket — the circular gap where the standard North American meter plugs as a building’s electrical system — as “an underutilized asset for onboarding DERs towards the grid, ” CEO Whitman Fulton said. (mehr …)
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