NetworkNewsBreaks – Correlate Energy Corp. (CIPI
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Correlate (OTCQB: CIPI), a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America, is driving scalability in the microgrid energy distribution market. This follows a new partnership between its subsidiary Distributed Energy Capital (“DEC”) and clean energy development innovator Compass Energy that will establish the United States’ first microgrid utility. “The landmark initiative by Distributed Energy Capital and Compass Energy Platform to adopt renewable utility infrastructure is for Ohio’s Cuyahoga County. The county formed Cuyahoga Green Energy (‘CGE’) three years ago as a utility focused entirely on renewable energy and resiliency. CGE’s project differs from traditional microgrids in that it will provide power to multiple interconnected customers, including commercial, industrial, and later, government and community loads,” a recent article reads. “This initiative addresses a significant problem by providing resilient energy solutions for this county and opens up tremendous opportunities for our company to meet similar needs across North America,” said Correlate Energy CEO Todd Michaels.
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