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Climate CEOs: Scaling Startups

Energy Storage Software: $275M Raised + 10GW Battery Deal

02 Feb 2023

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Kelcy Pegler, CEO of FlexGen, shares how they’re scaling grid batteries with $275M raised, a 420MWh California project, and a 10GW agreement with the world’s largest battery maker.My guest today is Kelcy Pegler, CEO of FlexGen, an energy storage software provider with $275M in investor capital raised to date.In addition, Kelcy is the:Founding Partner at Charles Joy VenturesFormer President of NRG Home SolarFormer Executive Chairman of SofdeskIn this episode, we talked about:Their new 420MWh battery project in CaliforniaHow they maximize energy storage revenue via load shifting, peak shaving, and ancillary servicesTheir revenue modelHow they don’t sell, but instead help their customers to buyTheir 10 GW agreement with the world’s largest battery manufacturerThe recent rapid growth from 30 to over 200 employeesWhat Parkinson’s Law is and how to manage itWhat you can learn from children’s books like Elephant and PiggyWisdom from tennis legendsAnd lots moreHope you enjoy it!And give Kelcy and FlexGen a shout-out on LinkedIn, Slack, or Twitter by sharing this podcast with your people.---Entrepreneurs for Impact is on a mission to help climate innovators grow faster with new investment capital, share best practices among peers, expand their networks, and reach their full potential.Here's our weekly newsletter — A 3-minute summary of climate tech startups, better habits, and deep work trends: https://entrepreneursforimpact.substack.comOur main program is a Climate CEO Mastermind peer group community: https://entrepreneursforimpact.comOur invite-only cohorts of 12 executives catalyze personal development and business growth via monthly meetings, annual retreats, and 1:1 coaching and strategy calls. Today’s highly curated Mastermind members represent over $8B in market cap or assets under management.Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.

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