Joules Accelerator Selects 8 Startups for Cohort 7

Yotta Energy Selected as One of Eight Startups for the Joules Accelerator Cohort 7

CHARLOTTE and RALEIGH, North Carolina and AUSTIN, Texas — September 29, 2020

Joules Accelerator has announced that Yotta Energy has been selected for its Cohort 7. The startups selected for Cohort 7 are focused on Climate Tech, Grid Tech, Cooling, & HVAC. Joules Accelerator was founded in 2013. Since then, its cohort companies have raised more than $200MM, including over $20MM in local investment. It’s also supported the creation of 100 jobs and ten pilot projects. The goals of Joules Accelerator are to identify, advise, and connect “cleantech startups to a network focused on tackling climate targets ahead of schedule.” 

As part of its participation in the Joules Accelerator Cohort 7, Yotta Energy will work to expand its network and build relationships with key industry partners as it commercializes its PV Coupled energy storage solution.

Cohort 7 kicks off on September 30, 2020 at 10:30 a.m. eastern daylight time and will feature Microsoft’s VP of AI and Sustainability Strategy, Gretchen O’Hara. You can sign up to attend here. 

You can read the full press release from Joules Accelerator here. You can also read more about the other companies that have been selected for Cohort 7 here. Congratulations to the other companies accepted into the Joules Accelerator Cohort 7.

About Yotta Energy

Yotta Energy (Yotta) is a renewable energy storage company headquartered in Austin, Texas. Yotta has developed PV-Coupled™ architecture, a smart energy storage solution designed to effortlessly scale with rooftop solar PV projects. At about the size of a briefcase, Yotta's patented panel-level energy storage solution can fit under any industry standard solar module, neatly integrating with the solar racking array. Yotta's technology features advanced thermal management to maintain an optimal working temperature even under extreme outdoor conditions. Yotta's solution is also designed to UL 9540, making it one of the safest energy storage options available for urban environments. As an integrated software plus hardware solution, Yotta's unique PV-Coupled™ architecture also helps address grid outages by enhancing grid resilience and reliability. Yotta’s technology allows for a much lower total cost of installation for rooftop solar plus storage than any other current energy storage systems available today. Join Yotta in building the grid of the future.

Learn more at www.yottaenergy.com.

About Joules Accelerator

Joules Accelerator enables the growth of high-potential clean energy startups by facilitating training, mentoring and access to utilities, customers and key industry players through the bi-annual Catalyst Program based in Charlotte, N.C. Joules does not take equity in startups and does not charge for the application process or participation in the program. Sponsor or applicant inquiries can be directed to Bob Irvin, Executive Director, bob(dot)irvin(at)joulesaccelerator.com. 

Potential applicants are encouraged to check the Joules Accelerator website at https://www.joulesaccelerator.com/ for more information.