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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.
I just had a solar-plus-storage system installed at my new home in Tempe, Arizona. It was surprisingly complicated, and I research distributed solar for a living. Don’t get me wrong — I love our new system and take immense pride in all the carbon-free energy it will produce for us and the grid. cents to 6.2
Recently, some water companies in the Middle East have started to tender for the STS prepaid water meter, arousing new discussion on smart water metering, as a solution for improving billing efficiency, in African countries and beyond. Prepaid water meters are not a new thing, even in Africa, but most projects failed before 2010.
Wind is China’s largest source of electricity after coal and hydropower, delivering 9.4% of the total electricity supply in 2023. The seeming enormity of the green energy shift taking place in China is given shape by what’s described as the most comprehensive English-language report on China’s energy transition.
Generac Power Systems is acquiring Enbala Power Networks, a major step toward putting its market-leading backup generator business and its fast-growing behind-the-meter battery-solar fleet to work as a power grid resource. Canada and Australia, according to Wood Mackenzie data. Leading U.S.
California is facing a major decision under a tight deadline — whether it should push for large-scale power plants and batteries to prevent a repeat of its August 2020 rolling blackouts this coming summer, or turn to behind-the-meter resources like batteries and demand response. 14 and 15 last year. 14 and 15 last year.
Tighter rules on the carbon footprint of new homes in England look set to trigger a fresh boom for residential solar. New homes will be expected to produce 31 percent less carbon dioxide than they do now, according to plans laid out this week , which will require better energy efficiency and being “heat pump ready.”
Analysis by E3G and Global EnergyMonitor calculates pipeline for pre-construction coal plants has plummeted 76 per cent since 2015. Moreover, it claims a further 16 countries only have one new coal power plant each in development, putting them just "one project away from a future without coal".
The solarindustry met in Salt Lake City with a more sweeping and disciplined message than in some years past : Rally to extend the federal investment tax credit and buckle up for a decade of massive industry growth. power generation by 2030, branded as the "Solar+ Decade.".
There are fears for one of America’s last two remaining concentrated solarpower developers as the embattled sector attempts to pivot to a new business model abroad. power-purchase agreement, with the Berkshire Hathaway-owned Nevada state utility NV Energy, last October, according to a lawsuit filed at the time.
Citing the telecom industry’s openness to change, Adrian McNulty – VP Investor Solutions for IQGeo – outlines some of the main lessons that electric utilities can learn from telecom operators to adopt a culture of innovation and proactive planning for new technology and changing customer demands.
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.
Scope 2 emissions are indirect GHGs released from the energy purchased by an organization. They’re the result of bought energy, such as electricity, steam, heat, and cooling. The amount of energy you use that contributes to business scope 2 emissions will be reflected in your energy bill.
The current energy crisis has prompted many questions about the validity of renewables as the correct solution. The problem, she argues, is the system within which we are integrating these clean energy sources. Energy is owning a lot of headlines these days. Some of these headlines seem to be rather uncomfortable bed fellows.
Engie is on the lookout for more clean energy acquisitions in the U.S., With a long history in fossil fuels and nuclear energy, Engie has pivoted dramatically toward renewables over the past few years — a strategy that included the U.S. “Do we want to continue with acquisitions? Last year Engie signed more U.S.
residential solar market just experienced its best-ever quarter, with 712 megawatts (DC) installed. state markets, and there is opportunity across the solar value chain. residential solar sector. home solar market? But from 2015-2017, the company made a concerted effort to reduce its costs by 50 percent.
The strong montly performance follows an update from the Microgeneration Certification Scheme (MCS) , which confirmed 130,596 rooftop solar installations were carried out last year as the number of deployments doubled on 2021 levels. Solar is surely one of the fastest-growing sectors in the UK right now. million of them on homes.
Whether booming off-grid power demand in emerging markets is met with grid extension or distributed renewables will be central to the growth story of the global clean-power sector. Wood Mackenzie's working definition of minigrids. Source: Wood Mackenzie. Minigrids the lowest-cost option for many.
As a green realtor® passionate about the planet’s future and our own, you can play an important role in delivering the message of sustainability to homeowners and support a greener, healthier real estate industry. Energy efficiency. Green, non-toxic building materials. Home renewable energy systems. Resource conservation.
When you’ve followed the evolving research of a leading clean energy expert and become a supporter of his vision for a global clean energy transition, it should come as no surprise that I was eager to crack open Mark Jacobson’s 2021 book release, 100% Clean, Renewable Energy and Storage for Everything.
residential solar inverter and optimizer sales, and microinverter maker Enphase, its distant second-place contender, both reported strong fourth-quarter 2019 earnings this week and forecast continued growth in 2020, sending their share prices up. SolarEdge, the market leader for U.S. The Israel-based company has grown to dominate the U.S.
one of Goktekin Energy companies, is planning a geothermal resource exploration project with drilling in the Sandikli and Kiziloren districts of the Afyonkarahisar Province in Türkiye. Within the scope of the project, seven drilling areas have been determined and the planned drilling depths are 800 meters. Goktekin Tarim A.S.,
The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.
Raptor Maps uses artificial intelligence and thermal imaging to maintain two percent of solar panels worldwide—but its path there was far from linear. When they made their software available online, they noticed something surprising: solar farm operators were flocking to drone-based thermal imaging.
As solar costs continue to decline, unique use cases for trackers will likely gain in popularity, according to a new Wood Mackenzie report on the tracker market. As the tracker market continues to grow, advances in tracker technology mean that sites that were previously uneconomical for solar are now being developed with trackers.
On Tuesday, World Resources Institute (WRI), with support from the Global Environment Facility, UN Environment Programme and World Green Building Council, among others, launched the Zero Carbon Building Accelerator (ZCBA) to speed up the transition to zero-carbon, efficient buildings.
Batteries aren’t dead when they come to the end of their useful life in an electric vehicle. New research, growing automotive industry interest and an expanding startup ecosystem suggest that that could now finally be changing. Electric bus manufacturer Proterra took the same approach.
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.
Local community solar projects enhanced by one-stop shop digital systems are set to play a crucial role in the global energy transition. The History of Civilization is in many ways the History of Energy. The control of energy has been a key – some say the key – factor in geopolitics and capitalism.
Distributed wind is often forgotten in discussions about clean energy sources. Although lawmakers eventually passed an extension of the federal Investment Tax Credit (ITC) for small wind turbines, recent years have not been kind to the distributed wind industry, even as growing attention has been paid to behind-the-metersolar and storage.
Throughout the years, DEMO Day grew into an event that featured lab tours, dynamic speaking programs featuring industry leaders and elected officials, popcorn pitches from our members, and, most crucially, opportunities for the entire climatetech and cleantech ecosystem to connect with our startups. Massachusetts Clean Energy Center.
Corporates unlock key opportunities for climatetech deployment at scale, due to their capital, purchasing power, and market access—especially given that climatetech is a largely B2B industry with high capital requirements. 2015 PROPEL (2015). Topic: Industrial IoT + sensors. Sector: Manufacturing.
The French city of Nîmes recently welcomed the Ada Lovelace Secondary School, Occitania’s first-ever clean-energy school that’s earned both BEPOS energy level certification and a sustainability rating of Silver-level BDM (Bâtiments Durables Méditerranéens). A clean-energy school in southern France draws power from the sun.
The United States-based oil major’s willingness to publicly throw down the gauntlet to policy-makers underscores the stakes for the fossil fuel industry as the EU fleshes out its plans to slash carbon emissions, ahead of June’s European parliament elections. million tonnes of greenhouse gases during the same period.
This is the most important year for climate action since the Paris Climate Agreement was passed in 2015. Meaningful progress on climate change in this decade will require significant changes to almost every sector of the global economy, including energy, transport, industry, agriculture, cities, finance, and land use.
Energy giant announces it is offer new range of solar, energy efficiency, EV charger, and insulation services to households across the UK British Gas has this week announced a new range of services for domestic customers designed to make it easier for them to install the latest cost-saving clean technologies.
Trade body Energy UK becomes latest influential group to endorse plans to shrink electricity bills by reducing the costs paid to legacy low carbon electricity generators.
There were nearly 5 million light-duty electric vehicles on the road at the end of 2018 — roughly 50 percent more than the year before. The electric vehicle (EV) revolution depends on getting the right infrastructure, in the right locations. If widely implemented, vehicle to grid could be an industry game-changer.
Key technologies include electrification, on-board batteries, solar panels, synthetic fuels, carbon capture and storage and possibly hydrogen. The case argues to convert Sleipnir into a ‘Solar-Synthetic’ vessel, combined with Carbon Capture and Storage (CCS) for remaining emissions. Why Do We Need Zero-Emission Vessels?
Between 2021 and 2022, the global weighted average levelized cost of electricity (LCOE) of ten newly commissioned geothermal projects fell by 22% to USD 0.056 kWh. This statistic was reported by the International Renewable Energy Agency (IRENA) in their newly published document, “Renewable Power Generation Costs in 2022.”
The government has offered the firmest indication yet of its vision for the development of carbon capture storage and utilisation (CCUS) over the next decade, as it this week fired the starting gun towards building what will be key pillar of the UK's 2050 net zero strategy.
In recent months, the BBC has created content for a number of oil and gas companies, including the French fossil fuel company Engie, which owns a number of coal-fired power plants and relies heavily on gas for its energy production. Last year was the warmest year since global records began in 1850.
The electricpower grid is subject to escalating threats of attack by foreign adversaries and individual bad actors. utilities have been seriously compromised to date, in 2015, Ukraine’s electric grid was hit by a cyberattack that led to a lengthy blackout affecting approximately 250,000 people. While no U.S.
Iceland's start-up community is looking to go global with its efforts to bolster the clean energy transition. The land of midnight sun, spectacular waterfalls and adorable ponies with 1980s rocker hair. That cleared the way for the country to reach 100 per cent renewable electricity in 2015 (more on that in a later column).
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