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Stem, the decade-old behind-the-meter battery startup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. and abroad. and abroad.
March 18, 2025 Bidgely has acquired Grid4C , a leading artificial intelligence (AI) predictive analytics developer in the energy industry, to expand its AI-poweredenergy analytics solutions for both grid-side management and consumer engagement.
Downstream supply chain participants that rarely have a personal stake, such as powerful brands and retailers, hardly encourage prioritization of sustainability upstream. The Boston Consulting Group estimates that commercializing and scaling these innovations will require $20 billion to $30 billion of financing per year. .
Small-scale modular nuclear reactors have gone from being a technology that’s always a decade away from being built to one that may actually enter into commercial production in the next decade. That’s a critical step for the Portland, Oregon-based company’s plans to build its first commercial systems.
The uncertainties centre on Equinor’s backing for new “net zero” gas-fired power plants fitted with technology to capture carbon dioxide (CO2) billowing from their smokestacks, and bury the gas in disused oil and gas fields under the North Sea. Credit: Sabrina Bedford. percent of the UK’s current yearly emissions.
Honeywell invests in Sparkmeter SparkMeter, a provider of grid management services, equipment and software solutions across Africa, Asia and the Americas, has secured a strategic $5 million investment and global partnership with Honeywell Smart Energy, a utility digital solution provider. stake in energyRe Giga Projects.
They could also be a key interconnection point for behind-the-meter batteries, smart thermostats and appliances, plug-in electric vehicles, and other distributed energy resources. In fact, its work with the ElectricPower Research Institute (EPRI) has informed utility smart inverter pilots across the country.
A little over a decade ago, Gary Dye, then a gas measurement engineer at NW Natural, Oregon’s largest gas utility, lost faith in his employer to responsibly deal with what he believed to be systematic inaccuracies among the company’s hundreds of thousands of gas meters. Faulty Meters Raise Questions About Profits.
Salty seawater, gale-force winds and relentless, punishing waves resist entrepreneurs’ determination to install power-generating devices in the water. The scale of that challenge is reflected in the marine energy industry's poor track record to date. Department of Energy (DOE) and $3.8 Department of Energy.
Spain’s booming renewable energy market is attracting the attention of an unlikely retail segment: mobile phone companies. Phone firms including national leader Telefónica are jostling to offer clean energy alongside more traditional products such as broadband connections. A boom brought on by the end of the sun tax.
Orison has been trying to change that since 2013. “We wanted to be more of a consumer electricity product, a simple solution for consumers,” founder and CEO Eric Clifton said in an interview. commercial launch is expected by year’s end, pending UL safety certification of the product model geared for the American grid.
Global turbine leader Vestas has taken sole control of its offshore wind joint venture, a move that says a lot about Vestas' current standing in the sector and even more about where wind power is headed. Vestas posted losses in 2011, 2012 and 2013, with its 2012 loss a staggering €963 million. MW iteration.
They lead by example and demonstrate how business can be used as a platform for good. All of our members are regular companies with businesses to run, and they all do their part in becoming greener, more socially responsible and thoughtful. Watson Gloves.
Their latest assignment in Kenya showcases the potential of geothermal energy to revolutionize high-emissions industrial processes and contribute to global climate goals. KRSL is a multi-generational family business operating in the aggregate and cement sectors. Project Overview The importance of the project may be easy to understate.
In a strategic move to address its recent Nasdaq listing challenge, FuelCell Energy , Inc. FuelCell Energy’s Current Landscape FuelCell Energy, a leader in clean energy solutions, boasts an impressive portfolio of 531 global patents covering advanced fuel cell technology. announced a reverse stock split yesterday.
Drilling for the project started back in January 2023 , initially targeting a depth of 3500 meters. This was reached in May 2023, but well testing indicated that the flowrate of the well did not support commercial operations although the temperature was sufficiently high at 125 °C. This finally resulted in the hoped-for productivity.
In 2013, with just 4.5 It should be noted that there was about as much residential solar capacity installed in the third quarter of 2019 as there was in the whole of 2013. Vendors other than SolarEdge and Enphase held over 67 percent of the market in 2013. The company continues to develop its home energy solution.
The company’s first technology, MycoComposite, precipitated the subsidiary Mushroom Packaging , which I discussed with Ecovative’s business development lead, Meghan Olson. By 2013, following several years of studying, research and development, Hijosa had a Ph.D., trillion opportunity by 2030. Producing just 2.69 They have requests.
Early this month, three community-choice aggregators and one municipal utility serving much of California’s San Francisco Bay Area launched a 30-megawatt distributed energy storage-plus-solar solicitation. Half of the new systems are to come from single-family homes, and the other half from multifamily and small commercial customers.
Distributed energy resources (DERs) is an expansive term, including everything from backup generators to microgrids. In some states with 100 percent clean energy mandates, like California and Hawaii, the focus is on solar — lots and lots of it — and the tools needed to integrate this massive new grid edge resource.
Century-old electric technology company GE kicked off 2019 with yet another reorg. The workhorse Power division was split up, to start. Meanwhile, an expanded Renewable Energy division materialized with some 40,000 employees and billions of dollars in revenue. Doubling down on inverters.
See if you qualify for a new Evergy program that offers a free home energy assessment, some easy energy upgrades and upfront payment for new energy-efficient equipment that can reduce energy bills. Here’s how it works: Missouri homeowners can request a free, no-obligation, home-energy assessment.
The Energy Development Corporation (EDC) recently celebrated the 40th year anniversary of the Tongonan geothermal power plant in the Leyte geothermal field of the Philippines. After several years of intensive exploration and development work, the Tongonan-1 geothermal power plant was inaugurated on July 02, 1983.
In particular, controversy has dogged California’s cap-and-trade policy , which took effect in 2013 and regulates roughly 450 entities accounting for 85 percent of California’s emissions. Anytime to you have that kind of pay-to-pollute scheme, the communities that already were being sacrificed — that becomes a business decision," Zucker says.
Biomass power generation would have seemed impossible to the engineers who began building Drax Power Station in 1967. But the unique nature of Drax presents a more powerful opportunity for its future: negative emissions. The energy sector, however was beginning to change. Drax before biomass and the origin of the idea.
After many years of development, the University of Maine has brought two major energy investors onto its floating offshore wind demonstration project, announcing that units of Japan’s Mitsubishi Corp. UMaine will continue to be involved in design and engineering work, and will stay on to perform post-construction monitoring.
2020 saw major progress in digitisation of energy grid as Britain as smart meter network tripled in size, according to firm responsible for national smart meter infrastructure. An update published today by smart meter system operator Data Communications Company (DCC) reveals more than 5.5
’s RedT Energy and U.S. A 2-megawatt install for EDF’s Pivot Power in Oxford, England will be the first project to benefit from the revamped product. These improvements mean the company can deliver profitable behind the meter projects. Next is the front of the meter market.
of Sinclair Well Products & Services , Armin Federico of Altitude Energy Partners, and Walker Olson of NOV for a webinar on “Enhancing geothermal well efficiency using unconventional drilling technologies.” Armin Federico is an Operations Engineer at Altitude Energy Partners with extensive experience in the energy industry.
Selecting the right sustainability certification for your business can be a tedious process requiring thorough research and understanding which program will best suit your needs and budget. General business sustainability certifications. GENERAL BUSINESS SUSTAINABILITY CERTIFICATIONS. OVERVIEW OF SUSTAINABILITY CERTIFICATIONS.
A major cold snap led to record electricityusage in the Canadian province of Alberta over the weekend, culminating in demands from provincial utilities to limit consumption. The extreme cold and record-setting electrical consumption has reignited local debates about whether heat pumps are a viable option in the province.
The Energy and Natural Resources sector also recorded the lowest Financial Performance Index (FPI) score amongst all sectors, an indicator of under-performance and potential instability. In KPMG’s analysis, the Energy and Natural Resources sector also recorded the lowest Financial Performance Index (FPI) score amongst all sectors.
Other ways that Best Cleaners has greened their business are by switching to LED lighting in their facilities and creating a hanger recycling program. Additionally, Best Cleaners is a member of the Green Business Bureau and is a certified green business. Magazine in August 2011, 2012 and 2013.
The proportion of global power generation represented by VRE, such as wind and solar power, has been rising rapidly since 2007. Renewables will become the largest source of electricity generation in 2025. Existing hydropower plants can also help with this large ramp up power.
The study , published this month by the National Renewable Energy Laboratory (NREL), modeled the potential cost of power from floating offshore wind farms sited at five zones equally spaced along a north-south axis at least 10 nautical miles from Oregon’s coast. Previous cost estimates obsolete.
The UK government has agreed to provide a £27m green loan to support the use of solar energy to sterilise drinking water for rural communities in Ghana, using technology developed by UK-based firm Aqua Africa, it announced today.
venture capital firms were on the lookout for cleantech targets, drawn, not least, by the reassurance of a Department of Energy loan program that was busy dispersing $15 billion in loan guarantees. The company has since changed hands a couple more times, most recently landing with LS Power for an undisclosed sum.
It expands upon the premise of a previous paper that shows how PPP has enabled geothermal development in Kenya , paving the way for the Eastern African nation to build 985 MWe of installed geothermal power capacity as of the end of 2023. The paper was presented during the 2023 World Geothermal Congress in Beijing, China.
The increasing prevalence of issues surrounding renewables integration and energy management illustrates how solutions like V2G are required to maintain the stability and efficacy of our energy supply. Resilience V2G allows for consumers to secure a backup power source in the case of an emergency. British electrification.
When blockchain arrived on the energy scene three years ago, much of the discussion went straight to disruption and disintermediation. Still, progress has been slow and driven almost entirely by startups that either have limited funding or the ability to willfully ignore the range of regulations surrounding electricity markets.
“Palm oil is controlled by just a few giant companies, and so those companies are able to exert pressure on all the businesses they buy from,” said Haseeb Bakhtary, who researches deforestation for the nonprofit Climate Focus. To be sure, there’s more to this story than the alignment of big businesses and governments.
We held our first DEMO Day in 2013, two years after Greentown’s founding. You’ll also learn about key technology areas that are driving momentum to equitably tackle the climate crisis, and explore the plentiful opportunities for everyone to be a part of the energy transition that’s already unfolding. Massachusetts Clean Energy Center.
By Shelley Robbins, Clean Energy Group. In those states, where clean energy is now gaining a stronger foothold, valuable lessons can be found. Actions by these states to change the direction of energy policy are a powerful confirmation that clean energy is a viable, cost-effective alternative to fossil fuels.
Although the proposed ‘all-source’ procurement would allow existing natural gas-fired peaker plants to compete, it could also open a massive new market for renewable energy, energy storage, demand response and other preferred alternatives to fossil fuels. Fitch wrote in Thursday’s proposed decision. gigawatts by 2023.
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