DEVOURED
Base Power raises $1B to roll out its giant new home battery
Base Power has raised $1 billion to launch a 39.2-kWh home battery system that is exclusively available via a company-managed subscription model.
What: The 'Core' battery operates in extreme temperatures (-22F to 122F) and is rated IP67, with installation times under an hour and an integrated port for portable generator backup.
Why it matters: Moving to a subscription-only model for residential energy storage allows the provider to retain ownership, likely to aggregate distributed battery capacity for grid-balancing services.
Decoder
- IP67: An Ingress Protection rating indicating the device is dust-tight and can withstand immersion in water up to 1 meter deep for 30 minutes.
Original article
Base Power's Core is a 39.2-kWh home battery that can keep a house running for up to 36 hours. Core, which can be installed in under an hour, can be connected to solar and has a built-in port for recharging from a portable generator. The lithium iron phosphate battery is designed to operate between -22F and 122F and has an IP67 rating for submersion in up to 3 feet of water. Core will only be available as part of a subscription service, and the company will retain ownership of the battery.
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