Policy in the Commonwealth of Massachusetts favouring the use of clean energy during peak times has brought behind-the-meter energy storage company Stem Inc into the state’s utility-scale solar-plus-storage market.
Artificial intelligence company eVolution Networks has joined a “new generation energy and infrastructure” joint venture (JV) formed by one of Japan’s biggest trading conglomerates, Mitsui, and major Chinese PV company GCL-Poly.
News in brief from around the world in energy storage.
Stem Inc, which offers commercial and industrial (C&I) customers battery storage systems to lower their energy costs, has partnered with Canadian state-owned utility Ontario Power Generation to offer Ontario businesses ‘no-money-down’ energy storage solutions.
Uninterruptible power supply (UPS) provider Vertiv is to use energy flexibility specialist Upside Energy’s cloud-based platform to enable its customers to provide unutilised energy to the UK electricity grid.
The CEO of ‘intelligent energy storage’ provider Stem Inc, has said a recently-awarded project in Japan will lean on business models the company has used in the US, while artificial intelligence (AI) technology makes that same transference possible.
Verv, an energy monitoring and AI company, has laid claim to launching the UK’s first energy trading community at a housing estate in Hackney, East London.
A UK energy demand response start-up using machine learning and artificial intelligence to manage a portfolio of storage assets and provide real-time energy reserves to the grid is set to launch within weeks.