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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.

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Smart Meters Set for $30B Gusher of Investment Over Next 5 Years

GreenTechMedia

Utilities around the world will invest around $30 billion over the next five years to install more than 300 million smart meters, bringing many of the world’s most populous countries to full deployment but leaving other parts of the globe with relatively low penetration. Slow smart meter rollout in Germany.

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Generac Acquires Enbala, Boosting Plan to Harness Behind-the-Meter Energy Resources

GreenTechMedia

Generac Power Systems is acquiring Enbala Power Networks, a major step toward putting its market-leading backup generator business and its fast-growing behind-the-meter battery-solar fleet to work as a power grid resource. Canada and Australia, according to Wood Mackenzie data. Leading U.S. Leading U.S.

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PV Plant Owned by First Solar Is Being Paid to Help Balance Chile’s Electric Grid

GreenTechMedia

Back in 2016, First Solar proved in a California pilot project that utility-scale solar farms can provide critical transmission grid services. based solar module maker has taken the next big step in turning this capability into a real-world grid resource: convincing a grid operator to pay for it.

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Smart Energy Finances: Hitachi Energy acquires eks Energy

Smart Energy International

Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.

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Con Edison Tests ConnectDER as a Utility Touchpoint for Distributed Energy

GreenTechMedia

Last week, New York utility Con Edison launched its latest effort to smooth the way for customers to install rooftop solar — and to feed the utility's growing hunger for data on how that solar can be integrated into its grid. Con Edison is in the final stages of deploying smart meters to its approximately 1.3

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WoodMac: Biggest US Battery Build-Out Ever in Q3

GreenTechMedia

energy storage industry smashed its quarterly installation record with an influx of major projects in the third quarter. The growth came in spite of the coronavirus fallout, which slammed the broader economy and conventional energy companies in particular. Energy Storage Monitor. market is expected to reach 7.5