DC:DC hybrid solar to EV optimizer distributor raises $7 million in funding

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Enteligent’s time-of-generation EV charging technology allows real-time charging from solar, resulting in what the company says is up to 25% in energy savings, versus traditional DC to AC configurations.

Michael Schoeck, PV Magazine USA, 01/02/2023

Enteligent EV Fast Charger

Enteligent Inc., a developer of DC to DC solar optimization modules and solar EV charging station systems, closed a $7 million growth funding round from NOVA, an affiliate of global building materials company Saint-Gobain and Taronga Ventures, among other early-stage investors.

Enteligent enables solar and EV users to shift daily energy consumption habits. The company’s proprietary solar optimization technology uses a rapid shutdown safety capability that optimizes the local delivery and use of solar generation and provides monitoring to maintain maximum solar production.

In the EV category, Enteligent reports that its EV charger takes DC electricity directly from solar with dramatically more usable energy, leading to significant cost savings per kW. The charger is an ideal solution for residential, commercial, and industrial customers who want to maximize renewable energy output.

Currently, EVs are primarily charged overnight using, in most cases, the fossil fuel-powered grid. The proliferation of EVs is straining the grid’s ability to handle the exponential growth in energy demand.  The company’s solar EV chargers expedite a fundamental shift from the daily peak power curve, often refered to as the ‘duck curve’ to provide daily solar-based, daytime charging, eliminating DC to AC to DC power conversions, resulting in up to 25% in energy savings.

Read the full article on PV Magazine USA: https://pv-magazine-usa.com/2023/02/01/dcdc-hybrid-solar-to-ev-optimizer-distributor-raises-7-million-in-funding/