Youpower teams with Yotta to deploy energy storage for apartment buildings
Youpower LLC has formed a strategic partnership with Yotta Energy to improve the deployment of solar and energy storage for multi-family apartment buildings.
Developer of the Tenant Power Xchange (TPX), youpower seeks to bring innovative energy solutions to the multi-family apartment industry. Yotta Energy is a developer of module-level energy storage architecture, which provides a safe, low-voltage solution to streamline the design, permitting, installation, and O&M of solar and energy storage.
Youpower TPX is pioneering the future of clean, affordable power for apartments by generating and distributing solar energy onsite to tenants. This solution not only provides tenants with more affordable power but also creates new net operating income (NOI) and asset value for apartment owners. Yotta Energy’s module-level battery design is setting new industry standards, ensuring maximum value for both landlords and tenants by enabling storage of surplus solar power during the day, and optimizing distribution of the stored power during peak nighttime periods.
“The multi-family apartment market we serve has lacked standardization for energy storage, making it impossible for solar storage to scale cost-effectively,” said Brad Dotson, CEO of youpower. “Yotta’s distributed storage sets the standard, allowing cost-effective scaling for our TPX customers.”
By leveraging Yotta’s ability to enhance and optimize solar power storage, both landlords and tenant benefit from the increased utility of youpower TPX. The partnership between the two companies aims to deliver value, as each youpower TPX is built with virtual power plant (VPP) capabilities to further enhance options, provide increased financial benefits, and promote grid resiliency.
“Our modular solar and energy storage solution fits seamlessly with the youpower TPX, not only increasing NOI for multi-family apartment portfolios through the sale and distribution of solar power, but also creating a tenant expectation of reduced carbon footprints in the apartment homes they are renting,” said Jordan Harris, CEO of Yotta Energy.
Yotta Energy’s modular battery storage product is particularly suited for small and medium-sized sites, like convenience stores, car dealerships, strip malls, supercenters, and multi-family buildings.
Yotta says its module-level battery installation reduces technical design and construction efforts enough to save customers up to 40% over conventional commodity batteries in a box.
