NineDot Energy

Today we announced the closing of an additional $25 million revolving credit facility from NY Green Bank, a division of NYSERDA. This upsized facility brings our total financing from NYGB to $50 million, fueling our mission to support New York's transition to cleaner, more sustainable energy sources. Kelsey Clair, Director at NY Green Bank, who co-led the transaction, said, “This catalytic financing… is spurring multiples of invested capital on our contribution and driving significant impact in a key growth area of energy storage, while facilitating deployment of additional battery storage sites in New York City.” Since our first closing with NYGB, we've made significant strides: Our initial Bronx battery site is fully operational and we're on track with the buildout of our next sites to reach commercial operation this year. Having the support of a dedicated public fund like NY Green Bank has been critical in our ability to execute and grow. Together, we're making the City’s grid more resilient, reducing greenhouse gas emissions, and paving the way for a greener future in New York. #CleanEnergy #Sustainability #BatteryStorage #NYGreenBank #RenewableEnergy #RenewableEnergyFinance #CleanEnergyFunding #SustainableFinance https://lnkd.in/emUk3Wdt

At NineDot Energy (and in the clean energy space more broadly!) partnerships are key to successful projects and community impact. One of our proudest collaborations is with the Bronx Charter School for Better Learning, so it was fitting for Adam Cohen, NineDot CTO and cofounder, and Shubert Jacobs, Executive Director of BBL, to share the stage with Sara B. Chandler of Elemental Excelerator at the Urban Future Lab Urban Future Forum, supported by the Wells Fargo Innovation Incubator (IN2). Adam and Shubert highlighted the benefits of our collaboration and shared mission of creating a clean energy future for the next generation. During our collaboration, NineDot employees engaged with students, sharing their knowledge and working together on a mural for our first Bronx battery storage site. They also gave a well-deserved shoutout to Mac Anderson-Cooper and Karlene Buckle for their leadership supporting the students and especially this wonderful mural project. #CommunityEngagement #NineDotEnergy #CleanEnergy #ClimateSolutions #CommunityImpact #Sustainability

🎥 Can't Stop Change: Queer Climate Stories, Screening & Director Q&A 📅 June 27, 2024 | 5:30 - 8:30pm | 370 Jay Street, BK, NY 🎟 RSVP: https://lu.ma/274etyn1 NineDot Energy and Urban Future Lab are proud to host this event as part of our LGBTQ Pride Month celebration. Get to know the #queer #community at UFL and watch the newest #documentary from creators Vanessa Raditz, Natalia Villarán Quiñones, Yarrow Koning, Shoog McDaniel, and Jess Martínez. Can’t Stop Change: Queer Climate Stories from the Florida Frontlines weaves interviews with 14 LGBTQ2S #artists, organizers, and #educators across Florida (and the new Florida diaspora) into an intersectional queer #climate justice narrative. 🎨 Watch the trailer: https://lnkd.in/e3iiWVDY Erin Wiens Karen Alter Mac Anderson-Cooper Jerneeka Sams Andrea F. Fred Polirer

Next week, NineDot employees will be participating in multiple events that demonstrate how innovation and collaboration in New York’s energy sector deliver important results for communities and constituencies throughout the City. Tuesday, June 25 is the initial Urban Future Lab Forum, supported by the Wells Fargo Innovation Incubator (IN2) Incubator, featuring Adam Cohen, NineDot CTO and co-founder. Joining him are Shubert Jacobs, Executive Director of Bronx Charter School for Better Learning, and Sara B. Chandler, Director of Innovation, Equity & Access at Elemental Excelerator. Register here: https://lnkd.in/egPQisTZ Later in the week, we’ll be at the New York Solar Energy Industries Association 2024 NYC Solar Storage Summit, with Adam Cohen speaking and NineDot team members tabling. We’re excited to join these important conversations and hope many of you will be joining us at these events. #EnergyInnovation #NineDot #NYCSolar #EnergyStorage #IndustryLeadership

Congratulations to Madeline Zdeblick on being awarded Young Energy Professional of the Year by the Association of Energy Engineers (AEE) - NY Chapter! 🌟 Maddie's groundbreaking work in advancing New York City’s Time of Use carbon accounting method has helped many building owners and real estate developers in NYC understand this important aspect of the City’s #LocalLaw97 penalties and the value of offsite battery storage. Her expertise and dedication have established her as a sought-after speaker and a respected voice in the energy industry — we were honored to celebrate her achievement last night! 🎉 #AEE #CleanEnergy #NYCCleanEnergy #BatteryStorage #NineDotEnergy

Thank you to New York Governor Hochul, the New York Public Service Commission, NYSERDA, and all involved for advancing New York's sustainability leadership! The Energy Storage Roadmap will boost retail (community-scale) battery storage across the state and drive a greener future for all New Yorkers. #Sustainability #CleanEnergy #NewYork #BatteryStorage

🌱 Don’t miss next week’s Urban Future Lab Forum featuring Adam Cohen, NineDot CTO and co-founder, Shubert Jacobs, Executive Director of Bronx Charter School for Better Learning (the school across the street from our first NYC battery site!), and Sara B. Chandler, Director of Innovation, Equity & Access at Elemental Excelerator. They’ll be talking about how we've built a relationship and collaborated with the school, including working with staff to teach the students about our clean energy future. The Forum will be held next Tuesday, June 25 at Civic Hall with support from the Wells Fargo Innovation Incubator (IN2). We hope to see you there! Register now: https://lnkd.in/egPQisTZ   #ClimateSolutions #Innovation #CommunityEngagement #EnergyStorage #BESS

The warm weather called for a team outing to pickleball in Central Park last week! ☀️🏓 NineDotters proved that just like our batteries, we were charged up and ready to go! ⚡️ Looking to join the team? Check out our current opportunities now: https://lnkd.in/e99efWgu #ClimateTech #Sustainability #Innovation #Sustainability #EnergyStorage #BESS

If you're passionate about creating a sustainable future, New York City is where your vision can come to life. NYC's regulatory environment is incredibly supportive of green technology. Policies like Local Law 97 have ensured a welcoming space for sustainable innovations, allowing us to grow rapidly and expand our portfolio across the city. As Adam Cohen, our CTO and co-founder, put it: "New York has created a framework that allows us to rethink energy from the ground up." At NineDot Energy, our partnership with the New York City Economic Development Corporation (NYCEDC) has been instrumental in our growth and success. NYCEDC's support has provided us with access to essential resources, from investment and regulatory guidance to strategic connections within the tech community. With NYCEDC's backing, we've been able to scale rapidly, implement groundbreaking projects, and contribute to New York City's sustainability goals. This collaboration continues to drive our efforts in building a resilient and sustainable energy infrastructure for the future. #ClimateTech #Sustainability #Innovation #NineDotEnergy #NYCEDC #Sustainability #EnergyStorage #BESS Produced for NYCEDC by BBC StoryWorks: https://lnkd.in/efWG-bSY

We love to host visitors at our Bronx battery project, from community members to investors, to educate and inspire others about the importance of clean energy. A special thanks to Manulife Investment Management for supporting NineDot's vision and growth. Your partnership is helping us create a sustainable future. #BatteryStorage #EnergyInnovation #Sustainability #NineDot #EnergyStorage