Americas

Inside Puerto Rico’s Quest for 100% Renewables: A Clash Over Natural Gas

December 6, 2018 Anand Gupta

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“If your goal is to get to 100 percent renewables by 2050, you should start investing in them now,” clean energy advocates tell the government. The number of jurisdictions pursuing a goal of 100 percent renewables keeps growing. Puerto Rico looks to be next, with a late November plan from the island’s governor and a […]

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Americas

California’s Rooftop Solar Mandate Wins Final Approval

December 6, 2018 Anand Gupta

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The California Building Standards Commission has signed off on the residential solar mandate — a first of its kind for the nation. It’s official. All new homes in California must incorporate solar power starting in 2020. The California Energy Commission (CEC) passed the measure in May as an update to the state’s 2019 Title 24, […]

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Energy Storage

Rule Change Would Imperil UK Commercial Storage Market

December 3, 2018 Anand Gupta

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The Triad demand charge could give way to a fixed fee, eliminating the need for batteries onsite. The fledgling British commercial and industrial energy storage industry faces a mortal challenge from a proposed market rule change. The U.K. energy regulator, Ofgem, published a proposed rule last week that would eliminate the current demand charge mechanism […]

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Business & Finance

Invenergy Future Fund Closes $150M Fund, Changes Name to Energize Ventures

September 27, 2018 Anand Gupta

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Invenergy Future Fund Closes $150M Fund, Changes Name to Energize Ventures GE, Schneider Electric and WEC Energy are among the LPs in an expanded venture fund that’s put $30 million into five startups so far and has $120 million more to go. Invenergy Future Fund has invested about $30 million in five very different startups […]

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Energy Storage

ElectrIQ Raises $6 Million Seed Round to Finance Home Storage Push

September 26, 2018 Anand Gupta

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ElectrIQ Raises $6 Million Seed Round to Finance Home Storage Push The startup will need the money to take on the likes of Tesla and LG Chem. Bay Area startup ElectrIQ raised a $6 million seed round to support its challenge to the home storage incumbents. Earlier this month, the company released a new product, […]

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Energy Storage

Two More Failed Firms in Storage: Axion Power and Camborne Energy Storage

August 30, 2018 Anand Gupta

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Neither could find the cash to continue operations. This August brought the collapse of two emblematic energy storage firms. In the U.S., lead-carbon battery maker Axion Power International filed for Chapter 7 bankruptcy. In the U.K., grid-scale storage system developer Camborne Energy Storage went into administration. Both firms ran aground after failing to secure cash […]

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Americas

NRG Spins Out ‘Station A’ Software Platform for Optimizing Distributed Energy

August 23, 2018 Anand Gupta

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NRG’s former “skunkworks” project says it’s building an energy database that can cut time and costs for clean energy deployments and open up new markets. Station A, the San Francisco-based R&D center once owned by NRG Energy, is now a standalone company. The Station A team developed a software platform to deploy distributed clean energy […]

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Electric Vehicles

EVs Could Save California Billions in Energy Storage Investment

May 30, 2018 Anand Gupta

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Strategic EV charging could ease the “duck curve” more than California’s energy storage mandate, according to DOE researchers. Electric vehicles could become a vital asset for California grid operators who are struggling to bring more renewables online. The state’s rapid adoption of solar power is contributing to a problem known as the “duck curve” — […]

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Energy Storage

Sonnen Raises $71M and Kicks Off a Strategic Partnership With Shell

May 26, 2018 Anand Gupta

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A big round to grow solar-storage market share in the U.S. and Australia and the latest partnership between a grid edge startup and a European energy giant. Sonnen, the German startup taking on Tesla and others in the nascent behind-the-meter energy storage market, has raised €60 million ($71 million) to grow in the U.S. and […]

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