Yotta Energy announced a partnership with Upstart Power, a developer of solid oxide fuel cell (SOFC) on-demand energy appliances.
As energy costs continue to escalate, the opportunity for distributed, clean energy solutions in the commercial building sector is experiencing growth. Solar has become increasingly attractive to businesses looking to reduce energy costs and improve energy resilience, but solar generation is intermittent and out of sync with the 24/7 load profile of most commercial and industrial facilities. Demand charges are a key energy cost driver for commercial and industrial businesses that can account for ~30-60% of their monthly utility bill. These charges are triggered by the unique load profile of each tenant.
Yotta Energy’s proprietary module-level energy storage architecture provides a safe, low-voltage solution that streamlines the design, permitting, installation, and O&M of solar while addressing space constraints and the intermittency challenge limiting the effective utilization of solar energy. Yotta’s solution is the only modular battery storage system designed for installation alongside solar systems. Doing so reduces technical design and construction efforts.
“With its building block architecture, which enables the standardized co-location of batteries with rooftop solar, Yotta Energy has ‘cracked the code’ of how to cost-effectively deploy battery storage in the built environment — particularly in small and medium sized sites, like convenience stores, car dealerships, quick-serve restaurants, strip malls, supercenters, and distribution centers, multi-family, and-high rise buildings. We are excited to contribute to Yotta’s journey to transform energy management in the commercial building sector with our Upgen NXG on-demand energy appliances,” said Georg Bettenhauser, CCO at Upstart Power. “More often than not, the biggest hurdle of deploying energy storage in commercial and industrial buildings is the ‘bespoke’ (complex and expensive) question of where to site the batteries, which challenges the project economics, particularly for small and medium commercial and industrial buildings.”
“Yotta Energy is exceptionally well-positioned to deliver the best project economics for commercial and industrial buildings at scale, which has been further strengthened by partnering with Upstart Power,” said Jordan Harris, CEO of Yotta Energy. “Upgen NXG fuel cell generators from Upstart Power are the perfect on-demand companions augmenting the intermittent nature of solar, by acting as an optional firming resource for Yotta’s solution when the sun is not shining, which is particularly useful given the 24/7 load profile in most commercial and industrial tenants.”
The Yotta Vision EMS is a software platform designed to enable EPC and facilities managers to deploy and remotely monitor, analyze, trouble-shoot, optimize, and maintain key elements of the Yotta energy solution in real-time, such as load control, battery storage, solar, generators and electric vehicle charging technologies, delivering accelerated project economics for the end customer. As part of this strategic partnership, Upstart Power grants Yotta Energy a non-exclusive license to its innovative fuel cell fleet management software platform to enable the deployment of Upgen NXG on-demand energy appliances as part of Yotta’s Energy Management solution and integration into Yotta Vision.
News item from Yotta
