Mercom Capital Group has named Pearl Street Technologies the Start-Up of the Year at RE+. Pearl Street, which develops software to address interconnection backlogs, was recognized for its innovative solutions that expedite the interconnection process, helping utility-scale projects launch more quickly.
Pearl Street Technologies was selected from over 50 applicants and was among the 10 finalists who pitched to a live audience and a judging panel that included Raj Prabhu, CEO of Mercom Capital Group; Stephanie Annerose, Director of Energy & Power at Piper Sandler & Co.; and Alexander Carbone, Vice President at Clairvest.
Raj Prabhu praised Pearl Street Technologies for its approach to solving the interconnection backlog, a significant barrier to clean energy deployment. “Pearl Street stood out for its novel solution to this critical issue,” he said.
With nearly three terawatts of renewable energy in national queues, Pearl Street’s software has modeled nearly 10% of the backlog, accelerating the interconnection process.
Pearl Street Technologies Co-founder and CEO David Bromberg, Ph.D., expressed gratitude for the recognition. “Being named Start-Up of the Year is an honor, especially given the strong competition. We aim to improve the flow of clean energy onto the grid and enhance collaboration with transmission providers and developers. This award will boost our visibility and support our efforts to innovate in this vital area.”
The competition finalists included:
- Flip Energy
- Icarus RT
- Jasmine Energy
- OnSight Technology
- Pearl Street Technologies
- Popular Power
- Rocking Solar
- Spark AI
- Storlytics
- Sundial
Director of Communications and Marketing Cara Adams represented Pearl Street at the event. The company received a $15,000 marketing and communications package from Mercom, including a booth space at RE+ 2025 in Las Vegas.
