NineDot Energy

Thanks Con Edison for this great writeup! NineDot is lucky to work with this terrific team as we bring our #batteries online.

NineDot's own Joe Silver had the chance to guest judge at the NYC Climate Hackathon on Feb 22nd alongside innovators and technologists seeking to solve the problem of e-bike battery safety. It was a great afternoon at Newlab in the Brooklyn Navy Yard! Joe and the four other judges (John Orlando, Lydia Wiener, Naman Shah, Stephan von Wolff) heard 9 pitches by the end of the day.?Teams workshopped ideas for monitoring e-bike batteries, implementing new safety features, providing safer charging alternatives, and even policy fixes that could address some of the systemic problems facing the industry. NineDot takes battery safety extremely seriously and events like these help educate community members on the difference between the safe, certified, and FDNY approved stationary energy storage projects we build and the currently unregulated and uncertified market of e-bike batteries. Congrats to the winning teams and everyone who participated in the 3-hour workshop, and a big thank you to Dan Bakke and Raj Dasai, the hackathon organizers, for their efforts to help find creative solutions to energy challenges. https://lnkd.in/gfd32R_G #sustainableNYC #hackathons #batteries

Congratulations to the New York City Economic Development Corporation (in conjunction with Newlab) for opening up the second Mass Timber Studio cohort! Mass timber is an engineered wood-based building construction material with a low carbon footprint. While NineDot Energy focuses on battery energy storage ?? , we applaud new efforts to help decarbonize New York City, in this case as part of the City's Green Economy Action Plan. Per David Arfin, NineDot's CEO and co-founder, "as past participants in the Resilient Energy Studio [a related activity], we applaud NYCEDC for opening a new round of applications for this innovative and important program. The Resilient Energy Studio brings together City agencies with private companies to tackle some of our toughest-to-solve energy puzzles." #SustainableNewYork #DecarbonizeNYC https://lnkd.in/gAXD7_-C

Recently David Arfin sat down with Jennifer P. Roig from NPM US (New Project Media) to talk about NineDot's outlook for 2025. David made clear that NineDot will continue its significant growth this year, which is one of the reasons we expect to raise $300 million in the coming months! Building clean energy infrastructure takes real resources, but that infrastructure will be delivering for New York City communities for many years to come. #batterystorage #DERs #cleanenergy #NewYorkCityenergy https://lnkd.in/gqZ9CuiZ

Recently some NineDotters got together for a dinner celebrating our company’s diversity team and programs, and to kick off planning for 2025! At NineDot, we believe it’s important to be diverse like the great city of New York, our home base, as that’s a source of our growth and strength. This approach is also captured in one of our corporate values called YOU – “we strive to do the right thing by our colleagues, business partners, and the communities we serve, valuing a diverse and inclusive environment that provides opportunities for all to thrive inside and outside our organization”. ?#community?#energytransition #teamwork

Today we announced ?? the recent closing of our $65 million equipment financing transaction. Thanks to First Citizens Bank, a leader in renewable energy finance, for spearheading the deal. This financing supports the purchase of nearly 100 Megawatts (MW) / 400 Megawatt hours (MWh) of batteries ?? for use in up to 20 storage projects across the New York City ?? metro area! As David Arfin, NineDot’s CEO said, “for New York to achieve its sustainability goals, we know that battery storage is a critical enabler. First Citizens Bank understands this need and opportunity well, and we’re thrilled to have them provide this equipment financing that affirms NineDot’s vision and execution capability.” With this transaction, NineDot has raised over $500 million in total capital, dedicated to supporting New York’s #energytransition. #cleanenergyfinancing #batterystorage #energyfunding https://lnkd.in/g8j-ym4K

Recently NineDot sat down with the Office of Energy Efficiency and Renewable Energy | U.S. Department of Energy to discuss what it takes to be a clean energy innovator. The answer is -- it takes many things! -- including creativity, boldness, partnerships, thinking outside the box, funding and resources, such as what’s provided by agencies like the DOE. In fact, David Arfin and Adam Cohen, two of our co-founders, met through their involvement with the U.S. Department of Energy (DOE) Solar Energy Technologies Office (SETO) SunShot Initiative, which ultimately delivered an early grant to the company that became NineDot Energy. In this brief video, see how David and Adam describe some of the philosophy behind NineDot’s vision. https://lnkd.in/eS39_inK #BatteryStorage #SustainableEntrepreneurship #AdvancedbyAmericans

Congratulations and thank you to the Urban Future Lab team for the great work you've done over the years, including Pat Sapinsley and Emily Wheeler! Two of NineDot's co-founders -- David Arfin and Adam Cohen -- shared a desk there way back in 2018. Now we are 70 employees and growing, and the UFL still provides us with a perfect space and ecosystem for collaboration, innovation, and accelerating the NYC #energytransition. It was an honor for David to give a toast at this wonderful gathering.

Thank you NY Green Bank for supporting NineDot and others as we work to make NYC's grid more efficient and sustainable! #batterystorage

Thank you Daniel Guetta and team for inviting us to join you at Columbia Business School this week! NineDot is grateful that so many schools and students in the NYC area want to learn about the #energytransition (and #batterystorage). We loved having the opportunity to share NineDot Energy's journey and mission with the Columbia community.