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
Renewable Energy
Has Anything Improved in the Last Two Years?
It depends on what you believe.
Fox News will tell you that our southern border is no longer being overrun, that we’ve discovered that vaccinations are unsafe, that we’re standing up against Sharia Law, we’re preventing Iran from building a nuclear weapon, prices are coming down (or soon will be), Trump is an honest and effective servant of the American people and that the U.S. is once again respected on the world stage.
We live in a country where tens of millions of idiots believe every word of this.
Renewable Energy
Uptime’s Takeaways from Hamburg 2026
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Uptime’s Takeaways from Hamburg 2026
The crew discusses Hamburg takeaways, including the industry mood, bigger blade risks, and OEM announcements.
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Renewable Energy
A Relief to be around Like-Minded People
I met a guy today from a rural part of Central England–“nothing but farms and pubs,” as he put it. His father was an epidemiologist working for the United Nations, and so, as a boy, he lived all over the world and grew up largely in developing countries that suffered from horrific diseases.
He and his wife had the conversation one would expect from such people:
- Why are we so content to ignore climate change that is ruining our planet?
- Why are people so indifferent to the suffering of others?
- How is it possible that billionaires expect to live well here on Earth while 99.9% of us suffering with wildfires, devastating storms, blistering heat, losses of landmasses, and desertification?
- At the end of the day, is money really that precious?
Obviously, not everyone thinks this way, but to be in something of a “lovefest” for just a few minutes was a great relief.
relief.
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