HECO C&I Customers Participate in Pilot of Digital Energy Storage Network from Stem

Hawaiian Electric (HECO) announced on January 30 that Millbrae, California-based Stem had completed installation and testing of the utility’s new 1-MW digitally connected energy storage network – designed to enable 29 commercial customer sites to accommodate more renewable energy resources on the Oahu grid.

Stem Tests Business Demand Response in CAL-ISO Real-Time Market

For the first time last week, an energy storage provider participated in California’s real-time energy markets. Millbrae, California-based Stem announced on September 3 that it had successfully bid into the California Independent System Operator (CAL-ISO) real-time market using aggregated customer storage systems – and can … Read more…

Stem to Join CAISO

Stem to Join CAISO

Stem, which describes itself as an intelligent energy storage firm, has bid into the California Independent  System Operator (CAISO) real-time market via its aggregated customer storage systems. Stem’s predictive software is combined with Olivine’s platform to enable bidding and automatic dispatch of stored power to … Read more…

Energy Storage Startups to Watch

Energy Storage Startups to Watch

Gigaom has identified 12 battery technology and energy storage service startups that have completed sizable demonstration projects or started to deploy their energy storage systems more widely: Aquion Energy: This Pennsylvania-based startup has secured a deal to install a 1 MWh battery that will store … Read more…

Stem Closes $27M Financing Round

Constellation Technology Ventures, Total Energy Ventures, GE, Iberdrola and Angeleno Group are investing in Stem to close out a $27 million Series B round. Constellation Technology Ventures says energy storage is becoming increasingly important. Total Energy Ventures will help Stem expand its reach with channel … Read more…

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