California’s Grid Operator Looks at How to Absorb Excess Solar Energy with Storage

excess solar energy

A first-of-a-kind load shedding proposal from California's grid operator aims to absorb excess solar energy with storage to help solve some challenging economic and environmental problems. The California Independent System Operator (CAISO) is now developing the idea, which would allow more solar energy to make it to the grid in the middle of a … [Read more...]

Get the Microgrids Ready. A Solar Eclipse is Coming & News from EIP, Stem and CPower

Get the microgrids ready. A solar eclipse is coming Because of their intelligent control systems, microgrids can assist in managing the intermittency of renewable energy. So get your microgrids ready when the August 21 solar eclipse occurs. The Energy Information Administration is reporting that the eclipse will affect 1,900 utility-scale solar … [Read more...]

Off-grid Microgrids and Nanogrids on the Rise…Stem Wins with Storage-as-a-service…NY on Standby Charges

microgrid projects

Here come the off-grid microgrids and nanogrids Navigant Research forecasts that annual revenue for off-grid power will exceed $25 billion in 2024 as remote areas of the world install microgrids and nanogrids. Nanogrids alone are expected to become a $17.5 billion annual business by 2024, driven by growing need to charge cellphones in the … [Read more...]

One Good Year Deserves Another: Energy Storage in 2016

Last year’s gains in the battery sector are likely to propel development of energy storage in 2016 and beyond. Peter Maloney, a contributor for Renewable Energy World, explains. Last year was big for battery energy storage. Technology prices continued to fall. Milestone projects got under way, and the sector gained wide media … [Read more...]

Aggregated Energy Storage Has Arrived: Rocky Mountain Institute

aggregated energy storage

The Rocky Mountain Institute's Garrett Fitzgerald analyzes the results of Stem's history-making aggregated energy storage bid into the California real-time energy market. Earlier this month, energy storage developer Stem aggregated a fleet of behind-the-meter (BTM) energy storage systems and successfully bid into the California Independent … [Read more...]

Quick Microgrid News…How about Wave Energy Microgrids?…Stem’s Big Game Changer

We hear a lot about solar and wind microgrids. So now how about wave energy microgrids? Australian company Carnegie Wave Energy today signed an agreement with the Republic of Seychelles to investigate commercial wave and microgrid opportunities in the 115-island country off the coast of South Africa. Under the memorandum of understanding, … [Read more...]

Latest on the Electric Grid Revolution in California and New York

aggregated energy storage

Revolutions seem to take forever, and then happen overnight. The electric grid revolution is still in the forever stage. But California and New York covered some big ground over the last couple of weeks. The two states are moving toward a decentralized, more democratic, less monopolized electric grid, one where energy markets are open to the … [Read more...]

Exelon and Total Make $27M Investment in California Energy Storage Company

Stem, one of the energy storage winners from Southern California Edison’s recent solicitation, has secured a $27 million round of equity financing from subsidiaries of two major energy players, Exelon and Total. The deal underscores the growing interest utilities and conventional players are showing in energy storage. For example, California’s … [Read more...]

Energy Storage & Analytics Company Secures $100M for Projects

Stem, a California company that combines advanced energy storage and real-time data analytics, has secured up to $100 million to finance new projects that feature its technology. The company intends to use the new fund to move into emerging markets like New York, where battery-based storage is increasingly being installed to relieve grid … [Read more...]