Home Tag "CALIFORNIA"

Modular Microgrid Startup Raises $300 Million

Private equity firm Warburg Pincus saw an opportunity to tap the commercial resilience market with its investment in Scale Microgrid Solutions. Startup Scale Microgrid Solutions won a $300 million commitment from investment firm Warburg Pincus this week, an unusually robust vote of confidence in the tricky microgrid market. SMS sells modular microgrid products to commercial […]

California Finalizes Plan Shifting Key Energy Storage Incentive Toward Blackout Resilience

State to spend half a billion dollars by 2024 helping vulnerable customers install on-site batteries, a big change for the market. California regulators have finalized plans to direct more than half a billion dollars in behind-the-meter battery incentives over the next four years to customers most at risk of being impacted by the state’s increasingly […]

California Seeks to Shift Major Battery Incentive Toward Fire, Blackout Resiliency

CPUC proposes to spend $613 million of total $1.2 billion SGIP budget through 2024 on battery-solar systems for high-fire-risk customers. Over its 13-year history, California’s Self-Generation Incentive Program has been the state’s primary driver for distributed solar, biomass power systems, fuel cells. and, over the past half-decade or so, behind-the-meter batteries. Now California regulators are […]

Residential Solar Hits New Peak in US with Record Q3 Installations

The quarterly record came amid weakness in northeastern states, traditionally a stronghold for rooftop installers. The U.S. residential solar industry pulled off an all-time record for installations in the third quarter, according to new research from Wood Mackenzie and the Solar Energy Industries Association. And it happened with Northeastern states — traditionally powerhouses in the […]

OutBack Power™ Gives Up To 24 Percent Discount on Lithium-ion Battery Storage Systems to California Residents to Address Wildfire Blackouts

As preemptive power outages usher in a new normal for California, consumers can save on three packaged solutions for backup power until March 31, 2020 ARLINGTON, Wash.: As California expects wildfire prevention policies to prompt utilities to preemptively shut down grid power for days and weeks at a time in the coming years, OutBack Power […]