Energy storage software and services firm Stem, Inc said its acquisition of PV asset management company AlsoEnergy will allow it to “unlock significant value” within renewable energy after the transaction completed.
California’s energy transition will need 53GW of solar PV by 2045, with the state’s transmission system requiring a US$30.5 billion investment alongside major increases in energy storage to accommodate the extra power.
This year could be a tipping point for Europe’s green hydrogen sector, with a flurry of activity predicted if the necessary policy environment is achieved, according to research and consulting firm Delta-EE.
Sunnova Energy and Generac Power Systems are expanding their strategic partnership, with Sunnova now able to offer its customers Generac’s newly updated technology to its current suite of offerings, which will include energy storage units and for the first time, standby home generators, microinverters, and load managers.
The State Bank of India (SBI) has partnered with Tata Power Solar Systems to establish a financing agency for commercial and residential solar projects up to 1MW.
A new sales initiative from Maxeon Solar Technologies focused on the US commercial and industrial (C&I) solar market will see the company provide its interdigitated back contact (IBC) modules alongside a performance assurance product from Omnidian.
A record 31.1GW of clean energy was bought by corporations through power purchase agreements (PPAs) last year, with technology companies once again the largest buyers, according to research firm BloombergNEF (BNEF).
US energy company Con Edison is seeking new electric and gas rates in 2023 to fund clean energy investments, in a proposal that includes a 200MW solar PV plant and four battery energy storage system (BESS) projects.
Solar investor NextEnergy Capital (NEC) has raised US$896 million in its latest fundraising round that is targeting 2.5GW of final installed capacity in OECD countries, such as the US, Portugal, Spain, Chile and Poland.
