The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

stem

August 7, 2023
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.
May 10, 2022
‘Smart’ energy storage provider Stem finished the first quarter of 2022 with an order backlog worth in excess of a half-billion dollars.
November 15, 2018
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.
June 29, 2017
Stem’s virtual power plants (VPPs) have been utilised to provide emergency demand response services in California during a major heatwave.
June 2, 2017
Austin Energy, a publicly-owned electric utility in Texas, is delivering megawatt-scale storage systems as part of the US Department of Energy’s Sustainable and Holistic Integration of Energy Storage and Solar PV (SHINES) project.
January 31, 2017

A 1MW ‘virtual power plant’ part-funded by the Pacific International Center for High Technology Research (PICHTR), utilising energy storage across 29 customer sites, has been connected in O’ahu, Hawaii, by Stem.

September 21, 2016

Total Energy Ventures to support AutoGrid’s flexibility management applications for residential, commercial and industrial customers, joining quartet of venture capital firms that committed US$20 million in May.

August 16, 2016

Storage provider Stem adds US$100 million to its kitty of project funds, as energy investor Starwood Energy backs its roll out of intelligent storage for commercial venues.

June 1, 2016

The California Public Utilities Commission (CPUC) has issued a landmark resolution that requires a major utility to procure energy storage capacity as quickly as possible.

February 15, 2016

Hawaii has been namechecked as a ‘test bed’ for how grids can migrate to higher levels of PV penetration so often it has become something of a cliché. Stem’s VP for Hawaii operations, Tad Glauthier tells ESN about the projects that are going on, which lessons might be transferable to other regions – and which might not.

Email Newsletter

Most Popular

Upcoming Events

June 18
 - June 20
, 2024
Messe Stuttgart Stuttgart, Germany
June 19
 - June 21
, 2024
Messe München
June 27
 - June 27
, 2024
8am (PDT) / 11am (EDT) / 5pm (CEST)
July 9
 - July 10
, 2024
Sands Expo and Convention Centre, Singapore
July 18
 - July 19
, 2024
Philadelphia, Pennsylvania