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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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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. “We believe their business model can be incredibly synergistic with our business.”

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Dandelion Raises $30M to Scale Up Home Geothermal Energy

GreenTechMedia

There’s a lot of energy underneath homes — if reasonably priced technology can be scaled up to tap its potential. Dandelion Energy hasn’t gotten nearly to that scale yet. “Our goal is to get to 10,000 homes a year,” he said. About three-quarters of U.S.

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Why Empty Office Buildings Still Consume Lots of Power During a Global Pandemic

GreenTechMedia

What happens to an office building’s electricity demand when almost everyone who works there is stuck at home? The coronavirus pandemic has forced broad swaths of the economy to shut down, as state after state forced non-essential businesses to close. pecent this year. pecent this year.

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Defective Meters and Whistleblower Complaints Raise Questions About Gas Utility’s Profits

DeSmogBlog

A little over a decade ago, Gary Dye, then a gas measurement engineer at NW Natural, Oregon’s largest gas utility, lost faith in his employer to responsibly deal with what he believed to be systematic inaccuracies among the company’s hundreds of thousands of gas meters. Faulty Meters Raise Questions About Profits.

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Proterra to Take Heavy-Duty Electric Vehicle Business Public via SPAC Transaction

GreenTechMedia

Proterra, builder of electric buses, heavy-duty vehicle drivetrains, batteries and charging systems, plans to go public on the NASDAQ exchange via merger with a special purpose acquisition company (SPAC), the latest in a string of EV companies seeking access to public market financing to meet growing demand. Proterra is one of the oldest U.S.

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ConnectDER Draws Investment from Avista in Latest Funding Round

GreenTechMedia

ConnectDER, a startup with a smart meter socket device that’s been deployed in the thousands by select U.S. utilities to support distributed solar, has closed a $7 million series B round round to help roll out a new version of its system targeting behind-the-meter batteries and plug-in electric cars.