Base Power
Coverage of Base Power in the Nexus archive.
- Base Power raises $1B to get big batteries into more homes
Base Power, a Texas-based home battery startup, has raised another $1 billion, increasing its valuation from $4 billion to $13 billion. The latest funding round was led by Ribbit, Addition, and Valor Equity Partners.
- America’s permitting crisis lives at City Hall
The article discusses a permitting crisis at City Hall, where delays in re-reviewing already certified batteries lead to lost grid capacity and unpaid bills for families, according to Base Power COO Justin Lopas.
- Base Power raises another $1B to save the grid using backyard batteries
Base Power secured a $1 billion investment to accelerate the production of home batteries aimed at stabilizing the power grid.
- Austin homeowner signs up for backup battery after years of outages, severe weather
An Austin homeowner installed a new backup battery through a partnership between Austin Energy and Base Power to address years of power outages and recent severe weather.
- Base Power brings cheap batteries to residents in power-starved PJM
Base Power is addressing energy demand issues in PJM Interconnection by installing large home batteries in one corner of the region. PJM, serving 67 million people across 13 states from the mid-Atlantic to the Midwest, is criticized for failing to meet rising energy needs.