Singularity Energy raises $4.5 million seed round to decarbonize the grid
Companies, agencies, institutions, etc
Singularity Energy
SaaS
Spero Ventures
Energy Impact Partners
J Ventures
Harvard University
Eversource Energy
People
Wenbo Shi
Vandan Divatia
Marc Tarpenning
Groups
No matching tags
Physical locations
New England
Places
No matching tags
Locations
Somerville
Massachusetts
Divatia
Events
No matching tags
Summary
“We did a bunch of analysis that demonstrated that, if you only optimize for cost, you will actually increase your emissions instead of reducing emissions for battery storage specifically.”That conversation set Singularity on a new path, one that also put the company in contact with a new set of customers — utilities.“There aren’t any models that accurately calculate location-based carbon impact,” said Vandan Divatia, vice president of transmission policy, interconnections, and compliance at Eversource Energy.
As said here by Tim De Chant