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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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How the utilities industry is building a sustainable future

Smart Energy International

The energy and utilities industries play a significant role in carbon emissions. In the US, 25% of greenhouse gas (GHG) emissions come from electricity generation. This is not surprising, with coal and natural gas representing about 60% of electrical supply. Energy Transition for Sustainability. Have you read?

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Funding the Next Generation of Efficient, Electric, Grid-Interactive Communities

GreenTechMedia

homes and commercial buildings consume roughly two-fifths of the country’s overall energy, three-fourths of all electricity, and account for most of the peak electricity demand that drives generation and power grid infrastructure costs.

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A Vibrant Cleantech Startup Ecosystem Takes Root in India

GreenTechMedia

Several floors below the firm’s balcony, power lines crisscross over piles of garbage, a fleet of rickshaws and cow patties on a rooftop, being dried for cooking fuel. “I don’t think you can just deploy solar and solve everything,” he said. Demand for flexible, clean power spurs startup activity.

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V2G specialist Nuvve and China’s Great Power team up on grid integrated batteries

Smart Energy International

V2G tech company Nuvve and battery specialist Guangzhou Great Power Energy and Technology Corporation have announced a strategic partnership to accelerate the deployment of stationary storage batteries and their integration with the power grid.

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SEF Weekly: $369bn US clean energy package and energy interconnection

Smart Energy International

In this edition of Smart Energy Finance (SEF) Weekly, the US Senate is set to pass a new clean energy bill that boasts $369 billion into clean energy and energy security. 369 billion into US energy security and clean energy programmes. 369 billion into US energy security and clean energy programmes.

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Ambitious Apple: Can tech giant deliver on its net zero supply chain goals?

Business Green

The tech giant is increasingly confident it can, and this week unveiled a sweeping package of new investments and initiatives designed to slash emissions across its sprawling global supply chain. In total, Apple estimated the planned investments will add around 3,000 gigawatt hours per year of renewable energy on the grid.