Pxise Lands Investment From Mitsui to Expand Real-Time Grid Balancing Software

By [email protected] PxISE Energy Solutions, the Sempra Energy spinout with software that can tap lots of wind and solar inverters, batteries, and other distributed energy resources to help balance the grid, has landed an undisclosed equity investment from Japanese trading house Mitsui.

It’s the first outside investment for the company, which plans to use the money to expand its software in commercial applications ranging from large-scale wind and solar farms to small-scale microgrids — and, potentially, distributed energy resource (DER) management for applications like distribution grids that lie between those two extremes.

Patrick Lee, president of PxISE (pronounced like “spice” without

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