AUSTIN, Texas–(BUSINESS WIRE)–January 14, 2022–
As California requires more solar storage systems for all new commercial and multi-family construction starting in 2023, Yotta Energy associates with Cal Solar Inc., the leading solar and energy storage design-build engineer and contractor for new commercial and multi-family construction. The companies will work together to deploy statewide renewable energy solutions to meet California’s mandate requirements.
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Yotta Energy is partnering with Cal Solar Inc. to deploy statewide renewable energy solutions to meet California’s mandate requirements. (Photo: BusinessWire)
Developers, architects, and general contractors trust Cal Solar Inc. with their new construction projects throughout California because the company has a team of in-house installers, electricians, and engineers who can update construction documents based on building design changes that occur throughout the design. and phases of construction. “Despite the global pandemic, we were already experiencing unprecedented demand for solar power,” said Sean Neman, CEO and Founder of Cal Solar Inc. “With new building code requirements taking effect in 2023, we expect demand for solar power and storage will continue to exceed industry analysts’ forecasts. With Yotta’s modular and distributed energy storage solution, we will be able to efficiently meet the needs of our customers as ‘they seek to achieve these aggressive energy targets.
Yotta’s energy storage system will be designed as a virtual power plant-ready facility, which means that in addition to charging the battery from the solar photovoltaic (PV) system, the storage system will Yotta Energy provides software time-of-use control. This capability saves users money by allowing the battery to be discharged when electricity prices are high.
“With more policies now requiring energy storage, we will see the industry adopt more innovative ways to include it in new construction. The mandates will also put energy storage at the forefront and drive innovation in the sector,” said Omeed Badkoobeh, CEO of Yotta Energy. “This partnership offers customers a solar storage solution more like a way to meet the latest code requirements. We are excited to work with Cal Solar Inc. as their expertise plays a critical role in making the rapid deployment of solar power plus storage a reality.
California’s building energy efficiency standards will go into effect January 1, 2023, requiring all new commercial and multi-family construction to include solar power and energy storage, and all new residential construction to be equipped with solar energy systems. photovoltaic solar arrays ready for energy storage. The state plans to add 280 MW of annual solar capacity and 400 MWh of energy storage with these requirements.
Yotta Energy recently announced a $13 million fundraising to scale its unique, modular energy storage and microgrid technology, specifically designed to turn buildings into self-generating power plants. Directed by Wind companies, the Series A round includes follow-on investors Doral Energy-Tech Ventures, Riverstone Enterprises, and returning investors, EDP Ventures, and SWAN Impact Network. The round brings the company’s total funding to $20 million. This partnership and its collaboration with Cal Solar Inc. represent significant milestones as Yotta Energy seeks to advance the industry with its innovative, more plug-and-play solar storage solution.
Yotta Energy will be present Intersolar North America, which is set to kick off on January 13, 2022 in Long Beach, California. The company will also be exhibiting and will be at stand #1609.
About Yotta Energy
Yotta Energy is a renewable energy storage company headquartered in Austin, Texas. Yotta has developed a unique PV-Coupled™ architecture, an intelligent energy storage solution designed to effortlessly adapt to rooftop solar PV projects. Roughly the size of a briefcase, Yotta’s patented panel-level energy storage solution can fit any industry-standard solar module, integrating seamlessly into the racking array solar. Yotta’s technology includes advanced thermal management to maintain optimum working temperature even in extreme outdoor conditions. As an integrated software and hardware solution, Yotta also helps resolve network outages by improving network resiliency and reliability. Yotta’s technology enables a much lower total cost of installation for rooftop solar storage than any other energy storage system currently available. Learn more about www.yottaenergy.com.
About Cal Solar Inc.
Cal Solar Inc. is a fully integrated design-build and maintenance contractor with over 100 in-house electricians and installers throughout California. Cal Solar Inc. also has 10 experienced professional engineers in-house. Cal Solar Inc. designs and constructs commercial, public works and multi-family projects throughout California. Cal Solar Inc.’s unique approach to in-house, fully integrated construction teams ensures projects stay on budget and on schedule. Our systems reliably deliver low-cost solar power to businesses, public works, and multi-family housing communities. Our experienced engineers and installers, combined with our post-installation monitoring, service and maintenance system, provide complete turnkey solutions for all your solar needs. Learn more about www.calsolarinc.com.
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CONTACT: Technica Communications for Yotta Energy
408-806-9626 ext. 9783
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA TEXAS
INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE TECHNOLOGY CONSTRUCTION & PROPERTY SOFTWARE BUILDING SYSTEMS ALTERNATIVE ENERGY ENERGY ARCHITECTURE RESIDENTIAL HARDWARE BUILDING & REAL ESTATE
SOURCE: Yotta Energy
Copyright BusinessWire 2022.
PUBLISHED: 01/14/2022 06:00 / DISK: 01/14/2022 06:02
Copyright BusinessWire 2022.