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Arcadia has closed on a growth round to support expansion of its community solar program, alongside products leveraging AI to unlock new use cases built on the company’s energy data.

The round includes a fund managed by Macquarie Asset Management as a new equity investor, alongside existing investors Energy Impact Partners, J.P. Morgan Asset Management, BoxGroup, G2 Venture Partners, Camber Creek, Triangle Peak Partners and Broadscale Group.

“With this funding, Arcadia can continue to meet growing demand from our 300-plus enterprise customers and 75-plus community solar developer partners, all of whom are accelerating deployment and adding new solutions like battery storage, heat pumps and EV charging to their portfolios,” says Kiran Bhatraju, founder and CEO of Arcadia.

Concurrent with the close of the financing round, Arcadia closed a new $30M credit facility with J.P. Morgan.

The post Arcadia Raises $50M to Accelerate Community Solar Product Growth appeared first on Solar Industry.

Arcadia Raises $50M to Accelerate Community Solar Product Growth

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Renewable Energy

Why Steve Schmidt Left the Republican Party — and What We Can All Learn

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I know lots of wealthy people from prep school, college, and several decades of business consulting, all of whom seemed like decent folks at the time. Yet now, I sometimes wonder how many are Trump donors.  It’s upsetting just to think about it.

It’s hard to believe that this collapse of basic moral values happened in the United States.

Why Steve Schmidt Left the Republican Party — and What We Can All Learn

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Renewable Energy

An Idea for the Permian Basin: Leave It Alone

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The Permian Basin is a vast sedimentary basin in West Texas and southeastern New Mexico that is the largest oil and gas-producing region in the United States.

I just got an email from “East Daley,” whose white paper Permian Basin at a Crossroads “breaks down who stands to benefit—and who’s at risk.”

I can answer these questions without even reading the white paper:

Who stands to benefit (monetarily): Greedy pigs whose investments are ruining the planet.

Who’s at risk: The eight-plus billion people on this planet who, along with their descendants, are counting on a stable climate.

An Idea for the Permian Basin: Leave It Alone

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Renewable Energy

Does Killing Innocent People Cause Americans “Outrage?”

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A reader notes: These are war crimes meant to test the amount of public outrage they can get away with.

It’s hard to know the precise motive for these crimes.  Obviously, Trump supporters have no issues with our country’s executing innocent people.

It’s fair to say the rest of us are “outraged,” but that’s something that happens almost every day.

As someone posted, “Biden was far from perfect, but at least we didn’t wake up every morning wondering what new form of hell was awaiting us.”

Does Killing Innocent People Cause Americans “Outrage?”

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