Another edition of our irregular news in brief feature: Eos Energy Enterprises closes a US Department of Energy loan deal, UBS picks an AI-driven asset optimiser and financial close for a solar-plus-storage project at an Arkansas steel rebar plant.
Telecoms specialist Elisa is deploying battery and PV systems at base towers in Finland, which will “implement virtual power plant (VPP) optimisation of locally produced solar energy.”
Real estate development company Gardner has signed an agreement with technology provider Torus to deploy flywheel and battery-based energy storage systems at its commercial properties in Utah, US.
Stem Inc has reaffirmed guidance of positive adjusted EBITDA for 2024, despite starting the year with a 62% year-on-year decrease in reported revenues and a fall in bookings.
Energy-Storage.news Premium speaks with Michael Phelan, CEO of energy management solutions provider GridBeyond, following €52 million Series C funding round.
Energy-Storage.news Premium speaks with Warwick Johnston, founder of solar energy consultants Sunwiz, on Australia’s distributed battery storage market dynamics.
Utah is not perhaps a US state people would immediately associate with cutting edge clean energy tech development, but that’s where sonnen’s virtual power plant (VPP) offering took shape.
Up to US$16,000 in upfront incentives are available per customer for residential battery purchases in Connecticut after changes were made to a utility scheme in the US state.
Jennifer Downing, senior advisor to the Loan Programs Office at the US Department of Energy (DOE) and author of a recent report into virtual power plant technology, speaks to Energy-Storage.news.
Energy storage system and services firm Stem Inc grew revenues to US$93 million in the second quarter of 2023, and reduced its EBITDA loss by 15% to US$8.5 milllion.
