Allume Energy, which makes a hardware product called SolShare for sharing rooftop solar power on multifamily units with renters, announced its initial installation in the U.S.
"By allowing multi-family buildings, including renters, to access the benefits of solar energy," the company could enable "widespread rooftop solar and provide a solution to energy equity," a press release said. The technology could be particularly helpful to low- and middle-income renters, providing some relief from high electric prices.
Sharing rooftop solar has been difficult because of the requirement that power from the rooftop grid flow into an inverter and then into an electrical meter, which then directs the power to a specific part of a building.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
