Stationary energy storage developer Stem recently announced that that it has raised $100 million to help it finance its projects. A New York-based investment manager called B Asset Manager and its affiliates are providing the funds, and the move is further evidence of the increasing role financie...
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News Commentary | May 18, 2021
ESS Inc., a developer of iron‑flow batteries, will partner with ACON S2 Acquisition Corp. to become a publicly listed company. Battery companies, like QuantumScape and Li‑Cycle, are joining the SPAC craze. This is one of the first startups in the long‑duration stationary storage space to go public. ... Not part of subscription
News Commentary | June 14, 2021
Canada's Ministry of Natural Resources will invest CA$960 million (US$795 million) in grid modernization and solar PV, onshore wind, and small hydro renewables, as well as geothermal and energy storage projects. The program, called Smart Renewables and Electrification Pathways (SREPs), will fund ... Not part of subscription
News Commentary | January 14, 2022
Kohler has acquired the energy management system developer Heila Technologies for an undisclosed sum. Heila will operate as a stand‑alone business within Kohler Power, which manufactures energy supply solutions including generators and uninterruptible power supply systems. This move from Kohler ... Not part of subscription