The London-based firm, in which BP holds a 43% stake, said in a statement it bought 1.9 gigawatt of projects from independent renewables developer Enerlife for an undisclosed sum LONDON: Solar energy developer Lightsource BP has acquired a large number of projects in Brazil with a potential to nearly double its current global capacity. The […]
L.A. Looks to Break Price Records With Massive Solar-Battery Project
The cheapest U.S. solar PPAs have been coming out of places like West Texas, but developer 8minute Solar has put the spotlight back on California. The Los Angeles Department of Water and Power is preparing to approve a utility-scale solar-battery project that could shatter U.S. records to date, in terms of both storage capacity and […]
Stem Lays Off Workers Amid Strategic Shift Towards Software
Venture-backed energy storage company thinned its ranks this spring, including its regulatory team, GTM has learned. Leading U.S. commercial energy storage startup Stem laid off employees at the end of April, sources familiar with the situation told GTM. The layoffs came as a surprise to employees on the morning of April 29. Roughly 15 people […]
Renew Financial Launches New Sales Initiative in California
Renew Financial is expanding in vital California PACE jurisdictions to better serve homeowners and contractor business partners OAKLAND, Calif.: In an effort to better serve the market for PACE in California and help provide more homeowners access to critical home improvements, Renew Financial is restructuring its sales and business development teams. Under this new approach, […]
AES Breaks Ground on 400 MWh Energy Storage Project in Southern California
Fluence Battery Storage System to Provide Sustainable, Reliable Energy for Southern California Edison Customers LONG BEACH, Calif.: AES Alamitos, a subsidiary of The AES Corporation (NYSE: AES), announces the groundbreaking of a 400 megawatt-hour (MWh) battery-based energy storage system for Alamitos Energy Center (AEC) as part of a larger modernization and replacement project of the […]
PG&E Creditors Propose $30B Bankruptcy Plan and New Name for Stricken Utility
The steps needed to pull PG&E out of bankruptcy and backstop California’s utilities from future wildfire liabilities are beginning to come into focus. A set of hard numbers has emerged from Pacific Gas & Electric’s biggest creditors on the costs to pull it out of a bankruptcy caused by massive liabilities from past wildfires — […]
California, Canada sign memorandum to advance cleaner vehicles, fuels
WASHINGTON: Canada and California on Wednesday said they had signed a memorandum of understanding to advance cleaner vehicles and fuels. The most populous U.S. state and Canada said they will work together “to accelerate the adoption of zero-emission vehicles like electric cars” and share technical information and best practices in regulating cleaner fuels, as California […]
PSC Chairman: Montana must increase reliable baseload power, or risk brown-outs
While California may have a population nearly 40 times greater than Montana, utility consumers are still subject to the same vulnerabilities. With current technology, the best way to protect utility customers from an energy shortage is through an increase in available, reliable baseload power. Out-of-state and foreign interests are applying increased pressure on lawmakers and […]
SunPower Solar Systems Powered Up at Eight Whole Foods Market Locations Across California and Nevada
Integrated Battery Storage Expected to Significantly Reduce One Store’s Electricity Demand Charges SAN JOSE : SunPower (NASDAQ:SPWR) today announced that more than 2.6 megawatts of SunPower® solar projects are installed and operating at eight Whole Foods Market locations across two states, with one site combining an integrated storage system. These projects are expected to help […]
Baby steps for EOS’ zinc batteries in US ahead of 40MWh project, company targets UK for 2020
EOS Energy Storage, makers of a novel zinc hybrid cathode battery technology, has supplied two 120kWh systems in the US and struck a partnership to investigate the application of the technology in the UK. The company has touted the low cost potential of the aqueous, zinc devices for some time, with Energy-Storage.news reporting a claim […]
