Dalrada Financial Corporation announced its breakthrough partnership with Averett University in Virginia in an effort to drive a significant reduction in carbon emissions while delivering major energy cost savings for the university. The partnership will accelerate the university's efforts in reaching its Net Zero goals faster, providing true value in a variety of ways. Additionally, the services will incur no cost to the university.

Dalrada's specialized energy division, Dalrada Energy, plans on executing these sustainability initiatives by developing a holistic approach that helps achieve carbon neutrality through the use of innovative, modern technology on the Averett campus. An important highlight of the project will be the installation of the company's heat pump, otherwise referred to as the “Likido™ONE commercial heat pump.” Considered the world's most efficient heat pump, Dalrada's commercial version is produced by Dalrada Precision Manufacturing and is the only unit accepted in the coveted U.S. General Services Administration (GSA) and Department of Energy (DOE) Green Proving Ground program. At Averett University, each heat pump will have a digital twin to monitor and maximize performance while effectively creating AAA-rated, transparent carbon credits that will help eliminate carbon credit fraud.

The newly-installed heat pumps are expected to perform at a rate that eclipses the university's current setup, reducing energy costs by over 70% and decreasing carbon emissions by up to 90%. The Averett-Dalrada partnership will create advanced educational opportunities focused on green energy solutions and technology. As a result, Averett students will gain firsthand knowledge and the necessary experience to compete for jobs that will drive the industries of the future.

This partnership may also set the energy sustainability bar for colleges across the country while providing students with the tools they need to be successful after graduation. According to Averett University President, Dr. Tiffany Franks, “Partnering with Dalrada will ensure that Averett demonstrates environmental and fiscal responsibility while fostering an educational learning lab designed to propel students into the future, preparing them to not only find jobs after they graduate, but to help create them as well.” Dalrada Energy's innovative approach toward Averett's sustainability efforts leverages modern digital capabilities that will ultimately revolutionize the scale and speed at which additional sustainable practicescan be adopted.