Solar module manufacturer and developer Canadian Solar has launched a US$150 million fundraise to support its growth strategy and build out a substantial battery energy storage business.
Two trade associations in the US have made significant changes with the aim of advocating for policies supporting the energy storage industry at federal and state-level.
TWAICE, a German battery analytics software company founded in 2018 which already counts Audi and Daimler as well as European energy utility companies amongst its customers, has raised US$26 million in a Series B funding round.
Here are three interesting new California projects using solar and storage storage we’ve learned about in the past few days that combine technologies and applications to maximise the benefits of battery storage and solar.
New software that helps businesses and utilities in the US to assess the value of energy storage has been launched by Sandia National Laboratories, while the Electric Power Research Institute (EPRI) has launched its own platform for calculating the value of distributed energy resources (DERs).
Connecticut’s Senate has passed a bill targeting the deployment of 1,000MW of energy storage by the end of 2030, which when signed into law by the state’s governor will make it the eighth state jurisdiction in the US so far to introduce either a target or mandate for energy storage.
Leading US residential solar and storage provider Sunrun has partnered with automaker Ford as the installer of home charging systems for its F-150 Lightning truck.
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.
