Solstice Energy Solutions Wins 2017 Berkeley Cleantech University Prize
Berkeley, CA (February 24, 2017) – Solstice Energy Solutions was announced the winner of this year’s Berkeley Cleantech University Prize (CUP) after a live pitch competition at the February 23rd Berkeley Energy and Resources Collaborative (BERC) Innovation Expo.
The startup from Stanford relies on data-driven approaches and integrated technology to solve energy challenges for millions of homeowners and small businesses around the world who rely on both grid and distributed energy sources. Their first product, the Shyft, combines the functionality of a smart transfer switch and energy meter to allow seamless shifting between energy sources, enabling better efficiency and simple energy management. As the winner of the Berkeley CUP, Solstice took home the $50,000 grand prize. The finalists, UC Berkeley-based Flux Technologies and Noble Thermodynamics, will join Solstice to compete in the U.S. Department of Energy’s National Cleantech University Prize.
The Berkeley CUP is an annual competition that is a collaboration between the Berkeley Energy and Climate Institute (BECI) and BERC, and a part of a $2.5 million program funded by the Department of Energy’s Technology to Market Program. This collaboration aims to inspire the next generation of clean technology entrepreneurs and bridge the gap between laboratory research and the marketplace.
Student-based startups from all over the nation apply each fall with creative business solutions and breakthrough technologies that can transform the clean energy economy. Selected teams go through 15 weeks of entrepreneurial training. The teams are paired with individual mentors from organizations across the Berkeley Innovation Ecosystem to help them develop their go-to-market plan and refine their business pitches. The final pitch event is the culmination of the program, after which a first prize winner is selected. For more information on the Berkeley CUP, please visit http://coebeci.wpengine.com/cup/.