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Behind-the-Meter Battery Pioneer Stem to Take SPAC Route to Public Markets

GreenTechMedia

Stem, the decade-old behind-the-meter battery startup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. and abroad. and abroad.

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Siemens publishes advice for businesses on steps to decarbonise

Envirotec Magazine

Businesses who fail to act on decarbonisation risk exposing themselves to potential risks from policy-driven increased operating costs, increased energy costs or increased compliance costs. Industry leaders have paved the way, with Google having been carbon-neutral since 2007 and Microsoft since 2012.

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Chicago Transit Authority to use ViriCiti’s monitoring system for its 23 electric buses

Charged

ViriCiti, founded in 2012, makes a fleet monitoring system focused on electric buses and trucks. ViriCiti’s newest customer is the Chicago Transit Authority , which will use the company’s system to monitor its new fleet of 23 e-buses, including six Proterra buses that are already in service. Source: ViriCiti.

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SparkMeter Closes $12M Round to Expand From Metering Minigrids to Analyzing ‘Broken Grids’

GreenTechMedia

Remote minigrids are a tough market for a traditional smart meter vendor. The meters that minigrids use need to be cheap, rugged and reliable, and they must be able to adjust to the often unstable operating conditions of solar-powered standalone grids. ” The World Bank’s International Finance Corp.

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ChargePoint acquires commercial electrification specialist ViriCiti

Charged

Network operator ChargePoint (NYSE: CHPT) has acquired ViriCiti, a provider of electrification solutions for commercial fleets. Founded in 2012, ViriCiti has some 150 fleet operators as customers, including transit agencies serving Berlin, Chicago, New York City, San Francisco and Toronto.

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Gold Hydrogen – Set to Satisfy Global Energy Thirst for Centuries

Hydrogen Fuel News

The energy landscape is buzzing with anticipation as geologists across the globe are laying the groundwork for what could become the next big energy boom. Conversely, ‘green hydrogen’ stems from water electrolysis motivated by renewable power sources.

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ChargePoint acquisition points to growth in electric bus and commercial fleet services

Business Green

Deal with ViriCiti aims to strengthen fleet management services for growing number of companies switching to electric vehicles. Pasquale Romano, president and CEO of ChargePoint, said the deal with ViriCiti would further increase functionality available to electric bus and commercial fleet operators.