California advances two bills to expand virtual power plants, reduce energy rates
California’s Assembly Appropriations Committee advanced two virtual power plant (VPP) bills aimed at reducing energy rates in the US state.
Read MoreCalifornia advances two bills to expand virtual power plants, reduce energy rates
California advances key plug-in solar, and virtual power plant bills
The California legislature moved several high-profile clean energy bills through key fiscal committees before the final floor votes of the legislative session. The legislative action comes as state energy prices continue to escalate. California electricity rates doubled over the past…
Lotus Infrastructure Raises $1.8 Billion to Invest Across Clean Energy Value Chain
Lotus Infrastructure Partners announced that it has raised approximately $1.8 billion at the final closings across Lotus Infrastructure Fund IV investments, future co-investments and a single-asset continuation vehicle, marking the clean energy infrastructure-focused private equity firm’s largest capital raise to…
Startup Heron Power to build 40GW power conversion manufacturing facility in California
US-based startup Heron Power has selected Morgan Hill, California, to build its first power electronics manufacturing facility in the US.
Iron-air US LDES startup Form Energy secures US$750 million Series G financing
US startup Form Energy has secured a US$750 million Series G financing round led by global investment management firm T. Rowe Price.
Battery energy storage: a new economic asset for industrial sites
BESS Perlen AG, a Swiss joint venture between Perlen Industrieholding AG and the Valyou Investment Foundation, is investing in a 10 MW/20 MWh battery energy storage system (BESS). Supplied by ADS-TEC Energy, the system will be installed at the site…
What 4th generation LFP batteries mean for BESS
What are the technology improvements of the 4th generation of LFP batteries, and what do they mean for BESS applications?
Huawei unveils DC ESS solution and 800-ampere liquid-cooled charging to overcome grid capacity constraints
Huawei integrates PV, ESS, and charging into one solution, building a grid-friendly smart network for a better user experience and faster business growth.
Sustainability Software Provider Diginex to Combine with Customer Engagement AI Company in $1 Billion Deal
ESG, sustainability, and compliance solutions provider Diginex announced an agreement to acquire AI-powered customer engagement solutions provider Resulticks, in a deal described by the companies as aimed at creating an enterprise intelligence platform to help organizations measure and communicate their…
Sunrun and Voltus get home batteries paid to power AI data centers under new deal
Sunrun, America’s leading residential installer, has announced a widely intriguing agreement to bring its residential storage-plus-solar systems in the PJM and MISO grid regions to create a distributed power plant specifically for AI hyperscalers. The multi-year agreement is between Sunrun…