Gridmatic
Gridmatic Launches $50M Storage Fund
Gridmatic has launched a $50m energy storage fund to manage up to 500MW of battery capacity in ERCOT and CAISO markets. With successful first tranche of $24.95m, Gridmatic's AI algorithms will optimise energy storage with up to 46% increase in revenue. Investors can now capitalise on energy market volatility without managing a battery project.
Aug 9, 2023 // Storage, USA, North America, Gridmatic
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