Daylight Raises $75 Million to Build the World’s Largest Decentralized Solar Energy Network

In a major step toward reimagining the future of home energy systems, New York-based Daylight Energy has secured $75 million in new funding to expand its decentralized solar and battery network. The raise combines $15 million in equity, led by Framework Ventures with participation from a16z Crypto, Lerer Hippeau, and others, alongside a $60 million project development facility led by Turtle Hill Capital. The company’s mission: turn millions of homes into connected, self-sustaining solar power plants that can generate, store, and share clean electricity.

 

A New Model for Distributed Energy

 

Founded in 2022, Daylight Energy has introduced a peer-to-grid model that allows homeowners to produce and trade electricity directly, bypassing many inefficiencies of centralized utilities. Through its platform, users can install solar panels and battery storage systems at reduced costs and automatically feed surplus power back to the grid. Unlike conventional solar leases or net metering programs, Daylight’s model uses decentralized finance (DeFi) to aggregate stored energy from participating homes and sell it to utilities during peak demand periods, sharing profits with homeowners. The approach not only helps lower household energy bills but also enhances grid stability and resilience during outages, a growing concern amid extreme weather and rising energy prices.

 

“Our goal is to make every home a node in a cleaner, smarter energy network,” said Jason Badeaux, CEO of Daylight Energy. “To build the largest decentralized energy network in the world, you need to incentivize behavior change and mobilize capital at unprecedented scale. Crypto and DeFi create those incentives aligning ownership, lowering costs, and building transparency into the energy economy.”

 

Read more: SHS Secures $2 Billion to Build Germany’s First Large-Scale Green Steel Plant Under Power4Steel Program

 

Financing Innovation Meets Clean Energy

 

The company’s model rests on two pillars: affordable home energy infrastructure and a blockchain-based rewards ecosystem. Homeowners who join the network receive ‘Sun Points’, a proprietary reward that reflects their energy contributions and can be converted into future credits or exchanged within the Daylight ecosystem. Daylight has also launched DayFi, a new yield protocol that enables investors to earn returns tied directly to the company’s electricity revenues. By linking financing to real energy production, Daylight merges renewable infrastructure with digital finance, a structure that its backers describe as both scalable and self-sustaining.

 

“This is a dream project for a creative finance team,” said Zeev Krieger, CEO of Turtle Hill Capital, which led the project development facility. “It combines a novel business model with purpose-built specialty credit to accelerate distributed energy deployment. The potential impact is even more profound now, as traditional subsidy models face uncertainty and change.”

 

Expanding the Network Across the U.S.

 

Daylight is already operational in Illinois and Massachusetts, funding home subscriptions that integrate rooftop solar and energy storage. The new financing will allow the company to scale deployment nationwide, enhance its DayFi protocol, and broaden access to distributed energy participation. As residential energy demand surges and state-level incentives shift, decentralized networks like Daylight’s are emerging as an alternative to traditional utility-led infrastructure. By decentralizing both generation and ownership, the company aims to create what Badeaux calls a “prosumer revolution,” where individuals are not just consumers of electricity but active producers and shareholders in a renewable grid.

 

Decentralization as Climate Strategy

 

Daylight’s rise reflects a growing trend in climate-tech and Web3 integration, where blockchain tools are applied to solve tangible sustainability challenges. By using tokenized incentives, smart contracts, and peer-based settlements, Daylight envisions a marketplace where energy equity and transparency replace dependence on centralized utilities and volatile fossil-fuel-based grids. Analysts note that if scaled successfully, decentralized energy models could reduce grid congestion, cut emissions, and democratize access to clean energy investments, an essential step toward meeting net-zero targets.

 

“The clean energy transition won’t happen only through policy,” Badeaux said. “It will happen when millions of people can participate directly, own part of the system, and benefit from the energy they produce.”

 

Explore OneStop ESG Marketplace: Renewable Energy

 

A Blueprint for the Energy Future

 

Daylight’s $75 million raise positions it at the frontier of decentralized clean energy finance, bridging two rapidly converging sectors renewable energy and blockchain innovation. As the company scales, it aims to make solar generation a household standard, transforming homes from passive energy consumers into active climate solutions. In a time of political uncertainty and waning subsidies, its model may offer a new financial pathway to accelerate the clean energy transition one home, one battery, one kilowatt-hour at a time.

 

Explore ESG Solutions on our marketplace - OneStop ESG Marketplace.

 

Keep abreast of the top ESG Events on OneStop ESG Events.

 

OneStop ESG Educate: Your go-to source for top ESG courses and training programs tailored to your needs.

 

Stay informed with the latest insights on OneStop ESG News.

 

Discover meaningful career opportunities on OneStop ESG Jobs.