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Delta Green: €2.2M for Household Grid Balancing

business . 

The company is diligently working on integrating households into a colossal virtual battery, enabling them to actively participate in grid balancing, optimizing energy distribution and enhancing overall grid stability.

Czech energy startup Delta Green has secured €2.2 million in funding to revolutionize grid management. Their innovative solution seamlessly integrates renewable energy sources into the grid on a grand scale, ensuring unwavering grid stability. Delta Green's groundbreaking approach involves объединение households into a colossal virtual battery, empowering them to actively participate in grid balancing and optimizing energy distribution.

Delta Green's ingenious solution empowers households equipped with photovoltaics, batteries, heat pumps, or electric vehicles to save or earn hundreds of euros annually. By harnessing the collective power of these distributed energy resources, Delta Green optimizes energy consumption, reduces reliance on fossil fuels, and generates additional income for participating households.

Delta Green's mission is to revolutionize the billion-euro grid balancing market, currently dominated by fossil fuel power plants, by empowering households to become active participants. Their innovative approach involves meticulously managing electricity consumption and production, strategically planning the integration of households into grid balancing, and leveraging advanced technologies to optimize energy distribution.

By harnessing the collective power of distributed energy resources, Delta Green aims to pave the way for a more sustainable and decentralized energy future, reducing reliance on fossil fuels and empowering households to take control of their energy consumption and generation.

Following a change in ownership at the start of the year, Delta Green has made significant strides in its mission to revolutionize grid balancing. The company recently announced the successful completion of a pilot test involving household participation in grid balancing, paving the way for the full-scale launch of the service by year's end.

This innovative approach empowers households to actively participate in grid management, optimizing energy consumption and production, and reducing reliance on fossil fuels. Delta Green's groundbreaking solution is poised to transform the energy landscape, creating a more sustainable and decentralized future.

The recent funding round for Delta Green was led by Tilia Impact Ventures, a leading investor in sustainable energy solutions. Joining Tilia Impact Ventures were Credo Ventures and Purple Ventures, both renowned venture capital firms with a track record of supporting innovative startups. This strategic investment will provide Delta Green with the resources and expertise to accelerate the development and deployment of its groundbreaking grid balancing solution, empowering households to actively participate in the energy transition and create a more sustainable future.

"To effectively decarbonize our energy sector, we must significantly increase the integration of renewable energy sources into the grid," said Andrew Gray, General Partner at Tilia Impact Ventures. "However, the intermittent nature of wind and solar power introduces fluctuations in energy supply that need to be carefully managed to maintain grid stability.

Delta Green's innovative solution addresses this challenge by empowering households to actively participate in grid balancing, optimizing energy consumption and production, and reducing reliance on fossil fuels. We are excited to support Delta Green's mission to create a more sustainable and decentralized energy future."

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