A new fund attempts to market energy storage as a service

Stem, an energy storage system and service providers, is developing an innovative new financing model with a $5 million investment from Clean Fleet Investors. The model will fund projects that it will sell energy storage systems to businesses under long-term contracts, a model that resembles the leases that have made rooftop solar installations popular. Clean Fleet’s lead investor, Jigar Shah, … [Read more...]

Germany Finances Major Push Into Home Battery Storage for Solar

Germany Finances Major Push Into Home Battery Storage For Solar (via Clean Technica) Originally published on RenewEconomy The German government has responded to the next big challenge in its energy transition – storing the output from the solar boom it has created – by doing exactly what it has successfully done to date: greasing… … [Read more...]