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Washington's climate tech sector secured vital funding for six startups through the Opalene Climate Challenge, a VertueLab initiative. This capital injection addresses a critical gap as the AI boom diverts investor cash, making it harder for sustainability innovations to scale.
a16z-backed Base Power has launched its large home battery systems in Illinois, entering the PJM Interconnection grid territory which is struggling with soaring electricity demand and high prices. The startup offers cheaper power to residents by bypassing traditional grid bottlenecks, deploying batteries "behind the meter." This move aims to stabilize the stressed grid and provide a more affordable energy option for consumers.
