NineDot Energy

NineDot Energy

Partner Employer

New York, United States

Team size: 11 - 50

Sector: Energy

About NineDot Energy

Founded date: 2015


Investors: CIT Group, Sumitomo Mitsui Banking Corporation

Company stage: Other

NineDot Energy is a laboratory for clean energy business model innovation. Our hypothesis is that small market-based changes can spur big impacts in clean-tech diffusion. We study behavioral economics to create better customer value propositions, perform predictive analytics to reduce risks and costs, design financial instruments to allocate risk and align incentives, observe how regulations champion or hinder clean energy, and research nonobvious technology/market fits. NineDot then tests our ideas by launching our own clean energy businesses in the marketplace. We partner with leading clean-tech equipment providers and financial investors to design first-of-their-kind projects. Each project is an experiment to measure real-world benefits to the environment, energy infrastructure, and end users. Throughout our development process, we refine our business models to make them scalable, bankable, and faster to implement. Our first project is a shared, community energy business model in New York City. With Annadale Energy in Staten Island, NineDot seeks to demonstrate that guaranteed-savings virtual energy subscriptions transform markets and that power-dense clean-tech helps make urban utility grids more resilient and reliable. This business model is being scaled up at additional sites including a project in the Bronx. NineDot was founded as CertainSolar in 2015. Our name derives from the classic mathematical puzzle for sparking out-of-the-box solutions. NineDot has received generous financial support from the U.S. Department of Energy to research novel business models and the New York State Energy Research and Development Agency to develop community distributed generation projects. NineDot is based at the NYU Tandon School of Engineering Urban Future Lab in Brooklyn, New York.

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7 jobs at NineDot Energy

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