New York

The New York-based firm uses bespoke algorithms to optimise the energy efficiency of buildings and connect them to power markets, using the buildings as flexible power assets to generate, store and trade renewable energy

The modernisation of the grid will enable the integration of a diverse supply of renewable energy sources and help customers reduce their energy consumption, costs and environmental impacts

It will enable community-based financial organisations to support more high-impact and emissions-reducing clean energy infrastructure projects that benefit underserved people

Organisations with experience in providing services in the clean energy, energy efficiency, social services and housing sectors are encouraged to participate in the development of a hub as a new way to offer services to communities

It is said to be the first of its kind project in the US, which will identify 10 areas to deploy monitoring technology to collect air quality data, including in disadvantaged communities

The development of the new projects are expected to power nearly 1.7m homes and create an additional 6,000 jobs

Work will include transitioning from fossil fuel-based heating and cooling to highly efficient heat pump technology, boosting energy efficiency and lowering greenhouse gas emissions

The Cassadaga Wind Farm consists of 37 turbines which have the capacity to generate enough clean electricity to power more than 37,000 households

The pilot project will demonstrate an approach for incorporating highly efficient, all-electric new construction or adaptive reuse projects, with the aim of building carbon neutral-ready affordable housing

Up to 50,000 low to moderate income households, affordable housing providers and facilities serving disadvantaged communities are expected to be supported