Cal Solar to deploy solar panel-level storage systems to meet California’s commercial construction regs
Yotta Energy is joining forces with Cal Solar Inc., a solar and energy storage design-build engineer and contractor for new commercial and multifamily construction. California will require solar plus storage systems for all new commercial and multifamily construction beginning in 2023 — a great opportunity for Yotta Energy to showcase its unique rooftop storage system — and the companies will work together to deploy statewide renewable energy solutions to meet the mandate requirements.
Cal Solar works with developers, architects, and general contractors to design new construction projects throughout California. Its team of in-house installers, electricians, and engineers are adept at updating construction documents based on building design changes that occur throughout the design and construction phases.
“Despite the global pandemic, we were already experiencing an unprecedented demand for solar energy,” said Sean Neman, CEO & Founder of Cal Solar Inc. “With the new building code requirements that go into effect in 2023, we anticipate that the demand for solar and storage will continue outpacing industry analysts’ predictions. With Yotta’s modular and distributed energy storage solution, we’ll be able to meet our customers’ needs effectively as they look to meet these aggressive state energy goals.”
Yotta’s energy storage system will be designed as a virtual-power-plant-ready installation, meaning in addition to battery charging from the solar photovoltaic (PV) system, Yotta’s energy storage system provides time-of-use software 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’ll see the industry adopt more innovative ways to include it with new construction. The mandates will also bring energy storage to the forefront and drive innovation in the sector,” said Omeed Badkoobeh, CEO of Yotta Energy. “This partnership provides clients with a solar plus storage solution as an avenue to meet the latest code requirements. We are excited to work with Cal Solar Inc. as its expertise plays an imperative role in making the rapid deployment of solar plus storage a reality.”
The California Building Energy Efficiency Standards will take effect on January 1, 2023, requiring all new commercial and multifamily construction to include solar plus energy storage, and all new residential construction to have energy-storage-ready solar PV systems. The state anticipates adding 280 MW of annual solar capacity and 400 MWh of energy storage with these requirements.
Yotta Energy recently announced a funding raise of $13 million to scale its unique, modular energy storage and microgrid technology, specifically designed to transform buildings into self-generating power plants. Led by WIND Ventures, the Series A round includes follow-on investors Doral Energy-Tech Ventures, Riverstone Ventures, and returning investors, EDP Ventures, and SWAN Impact Network. The round brings the company’s total funding to $20 million.
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