Before last November, very few people had heard of Advanced Microgrid Solutions. But after winning a 50-megawatt contract to deliver storage services to Southern California Edison, the startup is pulling in some well-known backers and technology partners.
Three months after raising $8.8 million, Advanced Microgrid Solutions (AMS) has now closed its series A round with a total raise of $18 million.
AMS is planning to develop behind-the-meter storage systems in commercial and industrial buildings. But unlike most other distributed storage developers that are focused on customer control, AMS is offering utilities full control of the systems for grid services.
+Info and Source: http://bit.ly/2BVuqut