Daylight Energy Secures $75 Million to Expand Solar and Storage Initiatives

According to PANews, Daylight Energy has successfully raised $75 million in funding, as reported by Business Wire. The funding includes $15 million in equity led by Framework Ventures, with participation from a16z crypto, Lerer Hippeau, and M13. Additionally, the company secured $60 million in project financing led by Turtle Hill Capital. Daylight Energy incentivizes households to install distributed solar and storage systems through a crypto network, generating revenue from user subscriptions and market compensation for returning power to the grid during peak periods source: https://www.binance.com/en/square/post/31092755951674?utm_source=BinanceNewsRSS