Published:
February 07, 2020
Coverage:
Owning the Energy Transition More...
Topics:
Activities:
Acquisition
Further Reading
ESS Inc. to go public via SPAC
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
Voltus raises $31 million to help monetize DERs in wholesale markets
News Commentary | May 19, 2021
Activate Capital led this Series C round, with participation from NGP Energy Technology Partners, Prelude Ventures, and Ajax Strategies. This round brings Voltus' total amount of funding to more than $65 million. Voltus claims to have nearly 1.7 GW of distributed energy resources (DERs) under ... Not part of subscription
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
by Benjamin Torda
A leader in the C&I battery storage market is reportedly seeking a buyer after closing a $106 million Series D round in 2018 (total raised is over $200 million). Stem develops energy storage systems that use predictive analytics for demand charge management and are aggregated into virtual power plant (VPP) networks. While not pivoting as drastically into software-driven energy service (see competitor AMS), Stem has built up its software, partnered with equipment distributors (see its announcement with BayWa r.e.), and recently secured its first front-of-the-meter projects. Energy storage is increasingly crowded, with majors like EDF entering the game; clients should view Stem as having a critical head start and should consider engaging.
For the original news article, click here .