3min chapter

This Week in Startups cover image

The Wing shuts down, avoiding pitfalls of success + Tesseract Energy's Alan Chang | E1587

This Week in Startups

CHAPTER

Is Direct to Consumer the Biggest Unlock in the Energy Economy?

Amazon Web Services is selling electricity directly to consumers. The company has signed a big deal with some solar forms in California, which will help them offset their energy bills. Most of these projects are owned by big private firms and big energy companies; they're financed by project finance banks. So effectively, I just don't think it makes sense, right? And I think there should be a way for people to have exposure to these, you know, pretty profitable assets,. That's essentially what we're doing, right? We basically giving exposure to all our customers, right? You know, power, renewable power and allow them to offset energy bill.

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