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Swell Readies Up To $450M in Financing for Solar-Plus-Battery Virtual Power Plants

GreenTechMedia

Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and earn the money back by turning them into virtual power plants serving utilities’ grid needs. Ares Management Corp.

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California Shifts $100M in Behind-the-Meter Battery Incentives to Low-Income Communities

GreenTechMedia

Amid massive wildfires, rolling blackouts and the continued threat of large-scale grid outages, California is shifting more than $100 million of its $1.2 billion Self-Generation Incentive Program budget to help low-income communities install about 100 megawatts of stalled behind-the-meter battery projects.

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How Orlando Utilities Commission has been testing grid tech innovation

Smart Energy International

What do the Nissan Leaf, floating solar, flywheels and flow batteries have in common? Each is being tested by Orlando Utilities Commission (OUC) at their Gardenia Innovation Centre, with the potential outcome of being deployed for power grid management. Flywheels and battery testing grounds.

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The power of energy storage: Unlocking the potential of batteries and beyond

Smart Energy International

In this article, experts from CLOU explore the power of energy storage and its transformative impact on the electrical energy sector. In the ever-evolving landscape of the electrical energy segment, one technology is shining bright as a game-changer: energy storage systems (ESS).

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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.

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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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Smart Energy’s Power Playbook: Revving up the V2G market

Smart Energy International

In this debut of the Power Playbook, our spotlight on the finance and investment side of the energy transition, Yusuf Latief investigates how Vehicle-to-grid (V2G) tech is becoming a burgeoning market space ripe with investment opportunities. Customers can also stack the benefits of payments for solar generation on top of this.