Energy storage

NineDot Energy

56Mixed / Improving

Brooklyn, NY, US0 followers

nine.energy

Leading community-scale battery storage developer and operator in the New York City metropolitan area, with a $431 million portfolio of 28 urban BESS projects.

Green Score

56/100
Mixed / Improving
Greenwashing risk
low
Data confidence
medium
Method
how it is calculated
Climate Impact & Solution35%82

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

BESS projects directly reduce dispatch of fossil-fuel peaker plants in underserved NYC communities, enable renewable firming, and a 124 MW / 494 MWh pipeline under construction (plus 7 operational sites) represents genuine, measurable avoided emissions — though independent lifecycle accounting of battery manufacturing emissions and real-time peaker displacement data have not been published.

Decarbonization & Targets20%18

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

No SBTi commitment or validated science-based targets were found; no CDP disclosure was identified; NineDot references a 400 MW pipeline goal and qualitative ESG objectives on its FAQ page but has published no quantified Scope 1/2/3 emissions baseline, net-zero target, or formal transition plan — scoring near the floor for a company marketing itself on climate grounds.

ESG & Operations15%45

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

NineDot shows genuine social co-benefits — $60 million in projected energy credits for low-income households via New York's Statewide Solar for All programme, local hiring practices, community murals, and FDNY-certified fire safety systems — but publishes no formal ESG or sustainability report, no audited labour practices disclosure, and no supply-chain due diligence on lithium-ion battery sourcing.

Transparency & Verification15%28

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Public information is limited to press releases, a FAQ page, NYSERDA case study, and a Columbia Business School teaching case; there is no published sustainability or ESG report, no third-party verified GHG inventory, no CDP response, and no audited emissions avoided figures — disclosure quality is well below investor-grade standards for a company that has raised over $1 billion.

Integrity15%88

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

No material controversies, litigation, regulatory sanctions, fossil-fuel lobbying, or governance scandals were identified in any searched source; NineDot's regulatory engagement appears constructive (supportive of NYC's City of Yes for Carbon Neutrality zoning, IRA storage advocacy), and fire-safety protocols are FDNY-benchmarked with no recorded NYC BESS fires to date.

Why it's on ClimateTicker

NineDot Energy develops and operates community-scale lithium-ion battery storage (BESS) projects across the New York City metro area, directly displacing high-emissions peaker plant dispatch and enabling greater renewable penetration on the grid — a genuine and material climate mitigation function. The core business model is structurally aligned with decarbonization, but the company is a private, growth-stage developer with no published sustainability report, no SBTi commitment, and no CDP disclosure, meaning investor-grade verification of its own operational footprint is absent. The climate thesis is real; the governance and disclosure scaffolding to support a rigorous ESG rating is not yet in place.

mitigationNineDot develops, owns, and operates 5 MW / 20 MWh community-scale BESS sites in NYC, monetizing them through New York's Value of Distributed Energy Resources (VDER) 'Value Stack' tariff mechanism and demand response programmes, with revenue flowing as bill credits from the New York Public Service Commission; it finances construction through institutional debt (Deutsche Bank, Natixis, First Citizens Bank) and IRA Investment Tax Credits.

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