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Product Overview
Overview
NineDot Energy (ex Certain Solar) was founded in 2015 with the goal of providing clean energy solutions to the New York area and others.
The company develops community-scale and clean energy storage projects in urban areas merging a significant range of technologies. NineDot plans to develop, build, and operate more than 400 MW of clean energy systems by 2026 to strengthen the local power grid infrastructure and provide clean and reliable power to NY's households and businesses.
They claim that community-scale distributed energy projects are their sweet spot since these are small enough to provide local power grid benefits and large enough to gain economies of scale.
Business Model
No-money down energy subscription contracts for end customers.
The company provides power to utilities and looks for subscribers for that power. Then the subscribers collect credits that reduce their utility bills. Subscribers can range from large corporate tenants to individual residential customers.
Technology Innovations
- Utility rate science - Retail power prices are set by intricate regulations layered upon a complex mix of regional and global market dynamics which create a complicated puzzle for developers. NineDot claims to solve that puzzle with their rate science solution.
- DER integration - The company looks to deploy not only battery installations but in some cases paired them with solar and electric-vehicle chargers too
- V2G program development - The company partnered with Revel and Fermata Energy to create mobile microgrids with on ground testing in a pilot program in Brooklyn
Applications
Their energy solutions aim to increase the accessibility and affordability of clean energy to residents and businesses in dense, urban locations through:
- A more resilient electric grid
- Deliver economic savings
- Reduce carbon emissions