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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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Arcadia Raises $30M to Expand Community Solar, Home Energy Platform

GreenTechMedia

households to cleaner, cheaper energy options, raised $30 million Tuesday to fuel its expanding community solar and retail energy services business. based startup has built a novel business in the energy services space, based on software that can aggregate, analyze and package a variety of energy options for U.S.

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California regulators issue their solar NEM-3 plan

Renewable Energy World

The California Public Utilities Commission (CPUC) issued its much-anticipated plan to revise the state’s current Net Energy Metering (NEM) rules and create a Net Billing Tariff that it said would balance the needs of the “electric grid, the environment, and consumers.” 27, 2022 agenda for a vote.

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Sunrun Taps AutoGrid to Optimize Grid Services for its Growing Fleets of Home Batteries

GreenTechMedia

Sunrun is landing contract after contract to put solar-charged residential batteries to work serving grid needs. On Thursday, it picked Silicon Valley energy management software startup AutoGrid to help it optimize this growing fleet. A growing market for optimizing distributed energy.

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Phone Firms Pile into Spain’s Renewable Energy Market

GreenTechMedia

Spain’s booming renewable energy market is attracting the attention of an unlikely retail segment: mobile phone companies. Phone firms including national leader Telefónica are jostling to offer clean energy alongside more traditional products such as broadband connections. A boom brought on by the end of the sun tax.