dcbel Secures $52 mn Grant to Accelerate Home Energy Stations Deployment – EQ
In Short : DCBEL, a prominent player in the field of home energy solutions, has successfully secured a substantial $52 million grant to expedite the deployment of home energy stations. This significant funding injection is expected to play a pivotal role in advancing the adoption of residential energy systems, supporting the company’s mission to revolutionize home energy management.
In Detail : dcbel, a leading smart home energy company, has emerged as the primary beneficiary of the Responsive, Easy Charging Products With Dynamic Signals (REDWDS) competitive grant initiative.
Administered by the California Energy Commission’s (CEC’s) Clean Transportation Program, this prestigious grant awards dcbel a whopping $52 million to expedite the widespread deployment of Home Energy Stations across California.
The project’s execution involves a strategic collaboration between dcbel and a consortium of distinguished partners, including UC Davis, Lawrence Berkeley National Laboratory, Southern California Edison, Sonoma Clean Power, and Grid Alternatives.
REDWDS sought out solutions specifically aimed at empowering customers to seamlessly adapt to dynamic grid signals while minimizing charging and discharging costs—a critical consideration in the efficient management of home energy. dcbel’s vertically integrated end-to-end platform uniquely positions it to manage these functions at scale, ensuring broad interoperability, a pivotal factor contributing to its alignment with REDWDS objectives.
Key highlights of dcbel’s patented technology include:
Home Energy Station (HES): The first UL-certified residential bidirectional direct current (DC) electric vehicle (EV) charger in the US, doubling as a potent solar and stationary battery inverter.
Orchestrate: HES’ grid edge computing platform determining optimal energy usage, storage, or sale.
dcbel Chorus: A CSIP-certified real-time technical aggregation IoT platform enabling seamless residential energy production, storage, and export, supporting protocols like IEEE 2030.5 and OpenADR, forming the cornerstone of the burgeoning residential energy ecosystem.
The Home Energy Station empowers EV owners with hassle-free charging using the most cost-effective energy source available, requiring minimal intervention. Crucially, it accommodates even the most energy-demanding residential setups from the outset.
Via dcbel’s app-based platform, customers gain effortless access to multiple energy programs from utilities, energy service providers, microgrids, and virtual power plants, ensuring seamless subscription and safe participation.
Furthermore, customers interested in vehicle-to-grid (V2G) incentives can easily explore and enroll in available providers via the dcbel app hub, maintaining full control throughout the process.
Beyond revenue potential, dcbel’s Home Energy Station promises resilience during grid blackouts. Leveraging the substantial energy stored in an EV, it can power homes through prolonged outages, offering a solution amidst the challenges faced by the aging national energy grid.
