Why Energy Impact Partners fund is investing in consumer tech - Business Insider

Here's a question you probably never think about: How many kilowatt-hours of energy do you use in your home or apartment every day? , a partner at Energy Impact Partners , a $1.2 billion energy investment firm that's one of the most active funds in the clean-energy industry. "I'd say that's pretty normal."

Within that category, Reddy is betting on startups that develop mass-market approaches that don't compromise cost or comfort. He mentioned three startups that stand out. "What Arcadia is doing is they're creating bottoms-up demand for clean energy, and they're simplifying the way that a clean energy product is presented to the end customer," Reddy said.

"Your thermostat represents a significant portion of [energy] load — about a third of the load within the home," Reddy said. "So it's a major underrated resource. We think Nest and others still haven't fully tapped into the potential." Sense sells a home sensor that monitors the energy usage of appliances.Reddy is also betting on Sense, a startup based in Cambridge, Massachusetts.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russian spies hacked Ukrainian energy company at the center of Trump's impeachmentA private security firms says that Burisma Holdings was the victim of a phishing campaign beginning in November. It’s known that Russians helped elect realDonaldTrump and now are trying to get him re-elected! What is not expected is that we as patriotic Americans are not mad as heck that we’ve been trampled upon by our adversary & come out in droves to disappoint them! VOTE *The Bears are Back in Town* Of course.
Source: NBCNews - 🏆 10. / 86 Read more »