TechCrunch·3 min read·medium
Base Power raises another $1B to save the grid using backyard batteries
T
Tim De Chant
✦AI Summary
Energy startup Base Power has raised $1 billion in Series D funding to expand its network of residential battery storage systems. The company aims to stabilize the grid by installing home batteries that can be tapped during peak demand periods.
Where most energy storage companies look for big tracts of land near large connections to the grid, Base Power is betting that it can beat them all by putting batteries in people’s backyards instead.
technologybusinesseconomy
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