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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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Should California Link Electricity Bills to Customer Incomes?

GreenTechMedia

California already has some of the highest electricity rates in the country. Those costs could rise even faster over the next decade, as utilities harden their grids against wildfires, grow their share of net-metered rooftop solar, and add other costs being passed through to utility customers.

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World’s Largest Customer-Sited Solar-Storage Plant Planned for Nevada Desert

GreenTechMedia

A colossal Nevada data center will host the largest customer-sited solar-storage project in the world. Data center operator Switch plans to buy power for its record-breaking Citadel facility from an adjacent project developed and owned by Capital Dynamics. ” Distributed energy like never before.

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Demand Response Industry Asks Feds to Open States to Energy Market Competition

GreenTechMedia

Over the past half-decade, the Federal Energy Regulatory Commission has consistently won court battles upholding its authority over states to set the rules for how distributed energy resources can play in wholesale energy markets. “But if the aggregations do include demand response, the opt-out can apply,” she said.

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Smart Energy Finances: Glasgow’s SMS acquires heat pump specialist

Smart Energy International

Glasgow-based Smart Metering Systems (SMS plc), an energy infrastructure company, has acquired the domestic services division of Manchester-based heat pump specialist Evergreen Energy, which imports and distributes European-made renewable energy products.

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The Return on Investment (ROI) of Sustainable Business

Green Business Bureau

The ROI Of Sustainability in Business. There is general consensus among business leaders and investors that business success today requires a commitment to sustainability. There is company risk in not being sustainable, both to the planet and to the business. The Business Case for Sustainability Programs.

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Hanwha Q Cells to Buy Storage Software Startup Geli to Tackle C&I Market

GreenTechMedia

Over the past decade, Geli has seen its software put to use to design, install and operate megawatts of grid-connected and behind-the-meter battery and microgrid projects. Batteries are becoming an increasingly valuable addition to distributed solar projects, and that's true both for homeowners and some commercial customers.