On episode 288 of The Green Insider, we have a return guest, Kirk Edelman, CEO of SolMicrogrid, provides an update on the company’s progress since his last appearance on the podcast.
SolMicrogrid’s Rapid Growth Update:
- SolMicrogrid is backed by Morgan Stanley Energy Partners, which has been instrumental in supporting the company’s rapid growth and major changes over the past year and a half.
- The importance of strong financial backing in today’s challenging startup environment is acknowledged.
- The conversation shifts to a recent press release about SolMicrogrid’s project with Chick-fil-A in California.
SolMicrogrid’s Energy as a Service:
- Kirk discusses SolMicrogrid’s recent project with Chick-fil-A in Oceanside, California, which features a 140 kW solar array and an 81 kWh battery.
- The company provides energy as a service, with no upfront costs for customers2
- SolMicrogrid aims to create value through various distributed energy resource components.
- The company is expanding its offerings beyond traditional microgrids to include services like resiliency and battery storage as a service.
- Plans to announce projects in new industries with larger footprints and energy demands are mentioned.
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