Stem raises $100 million for behind-the-meter distributed energy storage financing

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...

This item has been archived in line with our efforts to keep our content relevant and up to date for our readership. For further assistance, please contact your Customer Success Manager or email ClientEngagementTeam@luxresearchinc.com. Thank you!

Related Research

Heila purchase strengthens Kohler's hand in microgrid management

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

Virtual PPA with Kellogg enables Enel to deploy large-scale wind site but carries cash flow risks

Case Study | February 28, 2022

Unlike corporate PPAs (power purchase agreements) or fixed‑price renewable energy certificates (RECs) that allow utilities to invest in renewable assets with a guaranteed return through a long‑term purchase agreement with a corporate buyer, virtual PPAs (VPPAs) expose the utility and the corporate ... Not part of subscription

Invinity Energy Systems to install 8.4-MWh flow battery co-located with solar park in Canada

News Commentary | February 10, 2022

After RedT and Avalon Battery's merger in 2020 that created Invinity Energy Systems, the company has been building a pipeline for utility‑scale vanadium redox flow battery (VRFB) installations. The project in Alberta, Canada, is its largest to date and will go into operation by the end of 2022. The ... Not part of subscription