French renewable energy company Voltalia has completed the expansion of a renewable energy plant in French Guiana, adding a battery energy storage system (BESS) of 10.6MWh.
Stem Inc is on track to meet its target of achieving positive EBITDA during 2023, the company claimed as it posted a 63% year-on-year quarterly revenue increase in its latest financial results.
As distributed energy resources such as residential solar rooftop increase in the next decade, aggregation into virtual power plants could save US utilities up to US$35 billion, according to The Brattle Group.