RWE Supply & Trading, the energy trading arm of Germany-based RWE Group, recently purchased a strong position in Stem, Inc, and will have a seat on Stem’s board of directors, This prompted me to send the California company a series of questions, designed to find out why RWE picked Stem’s … [continued]
The noted solar energy company SunPower recently partnered with the battery systems and services provider Stem to begin offering behind-the-meter battery systems to commercial customers throughout the US. The partnership has been ongoing as of the last 5 months, and has so far apparently been quite successful — though no specific numbers … [continued]
IHS has concluded that 9% of solar PV systems in North America will include attached storage by 2018, led primarily by commercial systems. IHS predicts that 700 MW of PV systems with energy storage will be installed by 2018, compared to only 30 MW last year, a phenomenal increase. “The … [continued]
SunEdison recently announced its acquisition of Solar Grid Storage — a startup deploying combined energy storage and solar PV systems — for an undisclosed amount. It is a little kept secret that with rooftop installations taking off, energy storage is going to be the next big push the solar and wind markets require. This … [continued]
The past 2 weeks have been huge for the Energy Excelerator. The Blackstone Charitable Foundation and DENSO joined the Office of Naval Research, the US Department of Energy, the Hawaii State Energy Office, and Hawaiian Electric Industries in partnering with the Energy Excelerator. The Energy Excelerator supports innovative energy solutions … [continued]
As I wrote in my piece on cleantech trends from 2014 and expected cleantech trends in 2015, the battery storage market is really blossoming. There are now quite a number of battery startups and battery departments within big corporations that seem to have promising products arriving on the market or soon to arrive … [continued]
The grid-scale battery systems developer and manufacturer Eos Energy Storage has secured $15 million in new financing/proceeds via a new private placement with AltEnergy, as per recent reports. In addition to the private placement involving AltEnergy, Eos Energy Storage is also planning to place another $10 million with accredited investors … [continued]
Constellation Technology Ventures and Total Energy Ventures are investing in energy storage startup Stem, Inc., which is based in Millbrae, California. The amount of Stem’s series B round is $27 million dollars. The investment will be used for further expansion of the company’s predictive analytics energy optimization platform and acceleration … [continued]
This article is Part 1 of a two-part series discussing what the NextEra Energy & Hawaiin Electric merger means for the nation’s innovation landscape before diving into the past and future of Hawaii’s energy system. On Wednesday, December 3, Hawaiian Electric and NextEra Energy announced they will combine in an agreement … [continued]
Millbrae, California–based Stem has been selected by Southern California Edison for 85 MW worth of distributed energy storage systems around LA. 85 MW is a big system in terms of energy storage, and all of it must be operational by 2021. “We could put thousands of our systems in buildings throughout … [continued]
