The grid side startup is scheduled to roll away 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 meter that is smart to greatly help monitor behind-the-meter resources. (Credit: ConnectDER)
ConnectDER, a startup with a smart meter socket unit that’s been implemented within the thousands by choose U.S. Resources to aid distributed solar, has closed a $7 million show B circular round to greatly help roll down a fresh type of its system targeting behind-the-meter batteries and plug-in electric vehicles.
This week’s round ended up being led by Clean Energy Ventures, Skyview Ventures and Avista Development, the arm that is unregulated of Northwest energy Avista. The round brings the Arlington, Va. -based startup’s total financing to date to about $11 million, including a $1.1 million Series the in 2017 and about $850,000 in money from early-stage sources including the Energy Department’s SunShot Initiative.
ConnectDER’s part with SunShot would be to touch the possibility of this meter socket — the hole that is round 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 stated. Distributed energy resources mainly relate to rooftop panels that are solar but DERs also can consist of behind-the-meter batteries, plug-in electric cars, smart devices or house power settings. (suite…)