Radial Power provides onsite energy solutions, including solar panels, battery energy storage systems, and EV charging infrastructure, tailored for large commercial and industrial real estate portfolios. The company enables property owners to reduce energy costs, enhance sustainability, and comply with increasing regulatory demands while leveraging federal incentives for decarbonization.
Funding
$225M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Large commercial and industrial real estate portfolios face increasing pressure to reduce energy costs, enhance sustainability, and comply with evolving regulatory demands related to decarbonization. Property owners often lack the expertise and resources to navigate the complexities of distributed energy solutions and available federal incentives.
Solution
Radial Power provides end-to-end, onsite energy solutions tailored for large commercial and industrial real estate portfolios. The company develops and deploys distributed generation technologies, including solar panels, battery energy storage systems (BESS), and electric vehicle (EV) charging infrastructure, enabling property owners to reduce operating expenses and increase property value while executing a decarbonization plan. Radial Power assists clients in developing a strategy, business case, and deployment plan, considering diverse property types, locations, and utility territories. By leveraging federal incentives from the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA), Radial Power helps clients meet ESG commitments and commercial objectives.
Target Audience
The primary target audience includes owners of large commercial and industrial real estate portfolios seeking to reduce energy costs, enhance sustainability, and comply with decarbonization regulations.
Features
- Onsite solar energy solutions, including rooftop and carport installations, with integration into the utility grid
- Battery energy storage systems (BESS) for increased grid resiliency and optimized energy consumption
- EV charging infrastructure deployment to meet the growing demand for electric vehicle charging
- Assistance navigating regional incentive programs, utility tariffs, and local code requirements
- Full Operations and Maintenance division managing OEM hardware warranties, including 25-year panel warranties and 15+ year inverter warranties
- Project financing with options for lease agreements or discounted energy delivery