Yotta Energy Secures $1.23 Million To Deploy A Solar + Energy Storage Project In An Underserved Southern California Community
Yotta Energy Secures $1.23 Million To Deploy A Solar + Energy Storage Project In An Underserved Southern California Community
08/30/22, 10:01 AM
Location
austinMoney raised
$1.23 million
Industry
sustainability
natural resources
energy
Round Type
seed
With more than 30 percent of American households experiencing some form of energy insecurity, Yotta Energy, a leader in modular energy storage technology, was awarded $1.23 million from the California Energy Commission (CEC) to develop a solar and storage system to address energy inequality in lower-income areas. The project will include battery backup for a multifamily property located in Santa Ana, California, and will show how Yotta’s scalable technology can increase energy reliability and provide cost savings in underserved communities throughout California. In addition to economic benefits, the project will also examine reduction in greenhouse gas emissions, improvements to the surrounding environment, and implications to the existing utility grid by adding solar + storage in a low-income community.
Company Info
Location
austin, texas, united states
Additional Info
Yotta Energy is a renewable energy storage company headquartered in Austin, Texas. Yotta has developed unique PV-Coupled™ architecture, a smart energy storage solution designed to scale with rooftop solar PV projects effortlessly. At about the size of a briefcase, Yotta’s patented panel-level energy storage solution can fit under any industry standard solar module, neatly integrating with the solar racking array. Yotta’s technology features advanced thermal management to maintain an optimal working temperature even under extreme outdoor conditions. As an integrated software plus hardware solution, Yotta also helps address grid outages by enhancing grid resilience and reliability. Yotta’s technology allows for a much lower total installation cost for rooftop solar-plus-storage than any other current energy storage system available today. Learn more at www.yottaenergy.com.