Tag: energy storage
Residential renewable energy developer Swell is raising $450 million for distributed power projects in three states
Swell Energy, an installer and manager of residential renewable energy, energy efficiency and storage technologies, is raising $450 million to finance the construction of four virtual power plants representing a massive amount of energy storage capacity paired with solar power generation. It’s a sign of the distributed nature of renewable…
Read More
A Biden presidency doesn’t need a Green New Deal to make progress on climate change
Even without a Green New Deal, the sweeping set of climate-related initiatives many Democrats are pushing for, President-elect Joe Biden will have plenty of opportunities to move ahead with much of the ambitious energy transformation plan as part of any infrastructure or stimulus package. Should Republicans manage to maintain control…
Read More
In a potential big win for renewable energy, Form Energy gets its first grid-scale battery installation
Form Energy, which is developing what it calls ultra-low-cost, long-duration energy storage for the grid, has signed a contract with the Minnesota-based Great River Energy to develop a 1 megawatt, 150 megawatt hour pilot project. The second-largest electric utility in the U.S., Great River Energy’s installation in Cambridge, Minn. will…
Read More
An LA-led, public-private partnership pitches a $150B green infrastructure package to Congress
Representatives from the government and the utility managing the power of Los Angeles are proposing a sweeping infrastructure package worth roughly $150 billion centered on the broad electrification of transportation and industry. Drafted by the Los Angeles-based public-private Transportation Electrification Partnership, a collaboration between the Office of Mayor Eric Garcetti,…
Read More