ConnectDER’s meter collar reduces upfront installation costs for rooftop solar and provides electric utilities with real-time management over distributed energy assets. In addition to promising meaningful greenhouse gas emissions reduction when deployed at scale, ConnectDER’s solution will reduce environmental damage due to fossil fuel extraction and combustion, decrease reliance on government subsidies that drive deployment of renewables, and enable the widespread deployment of highly-managed distributed energy assets to boost the resiliency of the grid.
“This is a first-of-a-kind grant for the Autodesk Foundation, where we believe in the power of design to address environmental, social, health, and education challenges. We were thrilled that a grant from our donor-advised fund to PRIME Coalition led to ConnectDER successfully completing its Series A round – and moving one step closer to widespread climate impact,” said Joe Speicher, Executive Director of the Autodesk Foundation. “Our aim is to support PRIME companies with philanthropic capital so that the solutions to climate change have a real chance to flourish.”
Whit Fulton, CEO of ConnectDER, commented that