S2G Ventures, the direct funding workforce of Builders Vision, has made a $16.5 million funding in group solar supplier Common Energy. The new spherical of capital can be used to broaden shopper entry to native, group solar tasks throughout the nation, scale Common Energy’s energy administration platform, and develop the corporate’s administration and working groups.
“Renewable energy is the foundation for solving global climate change because abundant clean electricity enables all other decarbonization solutions,” says Richard Keiser, CEO and founding father of Common Energy. “This investment will enable Common Energy to accelerate our efforts to bring clean energy to more households and communities across the country, and to further reduce greenhouse gas emissions.”
For mission house owners, Common Energy’s platform is a cloud-based SAAS that permits them to handle and monetize complicated, multi-tenant distributed technology tasks. Common Energy’s software program platform gives monetary and collections visibility.
“Community solar is an important option for broadening access to clean and cost-effective renewable energy across the US, and we are excited to be supporting the Common Energy team as they deploy their sophisticated platform to accelerate adoption of this resource,” states Dr. Francis O’Sullivan, managing director of S2G Ventures.
“Community solar plays a valuable part in the United States’ national energy strategy because it advances clean energy deployment in a way that allows many households to promote solar energy while reducing energy costs,” feedback Dr. Ernest Moniz, the U.S. Secretary of Energy below President Obama and a Common Energy advisor.