Technology Company Arcadia Leading Charge in Growth of Community Solar
It’s 2020 and one of the biggest influencers in the solar and clean energy business runs a software company.
If you ask Kiran Bhatraju what his company Arcadia does, he will tell you that his team has built a software technology platform. This platform just happens to sell energy products.
Arcadia, previously Arcadia Power, connects subscribers in all 50 states via its software to its 11 wind farms and community solar projects. Arcadia has 20 live community solar projects and around 40 projects in development, making them the largest residential community solar manager in the country.
We have a new type of platform for the home that can connect people to products that can be hard to find, hard to connect to, and hard to understand.
—said Bhatraju, who is the CEO of Arcadia.
Arcadia closed its Series C funding with $30 million and plans to use that to double its community solar efforts. Arcadia’s community solar projects are currently in just four states: Illinois, Massachusetts, New Jersey, and Colorado. By the end of 2020, Bhatraju hopes customers in nine states will have access to community solar.
Arcadia is enabling the masses to connect to clean, renewable energy at lower costs.
Read more on Solar Magazine.