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Behind-the-Meter Battery Pioneer Stem to Take SPAC Route to Public Markets

GreenTechMedia

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.

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Southern California Edison Inks Another Massive Round of Utility-Scale Battery Contracts

GreenTechMedia

Six months after inking California’s largest single energy storage procurement, utility Southern California Edison has added another three massive utility-scale battery projects to its portfolio—plus a behind-the-meter battery project with Sunrun. gigawatt-hours of energy storage capacity, for August 2021 delivery.

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An Inside Look at a Groundbreaking Solar-Storage Procurement in California

GreenTechMedia

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. Ross, East Bay Community Energy’s senior director of local development, electrification and innovation.

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NuScale’s Federal Safety Approval Moves US Modular Nuclear Reactors a Step Closer to Reality

GreenTechMedia

Those include a deal with state power agency Utah Associated Municipal Power Systems to build 12 of its 50-megawatt modules by 2030 to deliver power across the Intermountain West as part of UAMPS’ Carbon Free Power Project. NuScale says it has also signed agreements with entities in the U.S.,

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After Rapid Success in Japan, Moixa Prepares for International Storage Push

GreenTechMedia

based energy storage developer, is prepping for international expansion supported by a future funding round and leveraging the scale of its ongoing growth in Japan. It has a headstart on many of its competitors having started work on virtual power plant (VPP) trials back in 2013. The energy prices are quite high.

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Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

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.