How a California community succeeded in pushing for a reliability fix that will see the installation of storage projects rather than a natural-gas peaker plant. What started as a routine gas plant procurement ended as a testament to the changing electrical grid. This week, utility Southern California Edison selected a roster of energy storage projects […]
Southern California Edison Picks 195MW Battery Portfolio in Place of Puente Gas Plant
How a California community succeeded in pushing for a reliability fix that will see the installation of storage projects rather than a natural-gas peaker plant. What started as a routine gas plant procurement ended as a testament to the changing electrical grid. This week, utility Southern California Edison selected a roster of energy storage projects […]
24M Raises More Money to Fund Advanced Lithium-Ion Manufacturing
After years of development, the company’s process should enter commercial production in 2019. Cambridge startup 24M closed a $21.8 million Series D in November to continue commercializing its advanced battery manufacturing process. The round included new investor Itochu, one of the largest industrial conglomerates in Japan, and returning investors Kyocera and North Bridge Venture Partners. […]