Renewable energy investment group CleanCapital and artificial intelligence-driven energy storage provider Stem Inc have provisionally agreed a financing partnership for US energy storage projects of 30MW or under.
Smart software and artificial intelligence can forecast everything from how much electricity will be generated and when it will be generated, to the right strategies for putting that electricity into different market opportunities. Energy-Storage.news speaks with Matt Penfold, VP of business development for digital at Fluence, about how the company has added 1.5GW to its portfolio of renewables and storage under management in Australia's National Electricity Market (NEM).
Stem Inc claimed to be on track to achieve its 2021 full year revenue guidance of US$147 million, after reporting a year-over-year increase in revenues of 245% for the first quarter ending 31 March.
Canadian Solar has signed a new partnership with UK-headquartered energy storage optimisation specialist Habitat Energy.
UK based Virtual Power Plant (VPP) company Kiwi Power is to expand into the Japanese market thanks to a new partnership with ENECHANGE.
Stem Inc’s shares begin trading on the New York Stock Exchange today, after the “artificial intelligence-driven clean energy storage services” company completed its business combination with special purpose acquisition company (SPAC) Star Peak Energy Transition Corp.
News in brief from around the world in energy storage.
Energy storage can help enable cleaner, reliable, low-carbon energy networks while connecting energy assets to the market opportunities that will make the transition to renewable energy economically feasible. We speak to Wärtsilä’s Jeff Damron about the ways that the value of energy storage can be realised in markets across the world, both today and in the future.
Software is rapidly becoming recognised as key to the value proposition and bankability of energy storage, which in turn lies at the heart of the energy transition. Andy Colthorpe speaks to three providers of software aimed at the energy storage industry.
Stem Inc has revealed its financial results for 2020 ahead of listing on the New York Stock Exchange, admitting that despite expecting a fourfold increase in revenues this year, the company is unlikely to achieve profitability until at least the end of next year.
Global renewable energy project developer Fotowatio Renewable Ventures (FRV) said construction work has begun on its second battery storage project in the UK — and the world — with local partner Harmony Energy.
Battery storage systems can deliver multiple services and provide customers and sites with backup power, but their value in doing so remains largely dependent on “highly sophisticated” software.
Digital software company Capgemini is partnering with battery energy storage startup Verkor to help bring to life a 16GWh-capacity lithium-ion cell factory in France.
Fluence has struck a deal that could showcase new digital capabilities since it took over energy storage artificial intelligence and software provider Advanced Microgrid Solutions (AMS) last year.
News in brief from around the world in energy storage: this edition has a distinctly British flavour.
Vertically-integrated solar company Q CELLS has completed the acquisition of US-based Growing Energy Labs Inc (Geli) that was announced in August.
Stem Inc is set to be publicly-listed and expand its global reach through a deal worth as much as US$608 million, agreed with special purpose acquisition company Star Peak Energy Transition Corp.
Two UK-based firms, energy supplier OVO Energy and integrated home battery storage provider Social Energy, have expanded into international markets in Spain and in Australia respectively.
Switzerland’s largest battery storage system has gone into action stabilising the electricity network for transmission grid operator Swissgrid, asset operator Alpiq has said.
The acquisition of Advanced Microgrid Solutions (AMS) saw energy storage technology provider and system integrator Fluence take on AMS' artificial intelligence (AI)-enabled optimised bidding software for energy storage and renewable energy assets. Energy-Storage.news editor Andy Colthorpe asked Fluence CTO Brett Galura and former AMS CEO Seyed H. Madaeni some key questions about the acquisition.
Energy storage technology provider and system integrator Fluence has acquired Advanced Microgrid Solutions, the California company known for its artificial intelligence (AI)-driven optimisation software platform for energy storage and flexible generation assets.
While planning a better future for California’s energy system will take time and lies in the hands of many, many stakeholders from regulators to government to citizens and corporations, here are a few more of the recent moves forwards in clean energy in the state.
Peaxy CEO and President Manuel Terranova joins us to discuss some of the biggest challenges facing the battery industry, and how smart software like Peaxy Lifecycle Intelligence (PLI) for Batteries can solve them.
A provider of home battery storage systems aggregated via an artificial intelligence (AI) platform has won the first ever fully domestic weekly Firm Frequency Response (FFR) contract with the UK’s transmission network operator, National Grid ESO.
Algorithms for the control and optimisation of assets including batteries can be an energy trader's best friend - nearly all of the time. Aaron Lally, managing partner at UK-based clean tech trading house, VEST Energy, explains why it's good to know when to switch from automation to human-controlled trading.
Our ability to generate renewable energy is scaling up fast, and solutions to integrate that energy will rely on technologies like blockchain to help keep new solutions on track. Power Ledger’s executive chairman and co-founder, Dr Jemma Green, looks at the role blockchain plays within her company’s platform to integrate and automate solar energy trading and balancing.
Sunrun has made a further expansion in providing grid services by choosing AutoGrid’s software to help manage its fleets of aggregated home solar and battery systems.
The optimal integration of distributed energy resources such as solar, battery storage and smart thermostats becomes an ever-more complex and pressing question. Rahul Kar, general manager and VP for New Energy at AutoGrid Systems looks at the role artificial intelligence can play in smarter energy networks.
Stem Inc has won out in a competitive Request for Proposals (RFP) to manage a 345MWh fleet of commercial and municipal energy storage systems in Los Angeles, California.
The new edition of PV Tech Power – PV Tech Power 23 – is now available to download entirely free of charge.