The add-on funding brings the energy services company’s cumulative Series E round to $250 million, and represents a significant step towards expanding Redaptive’s offerings and procuring new customers, the company said.
Job moves in solar, storage, cleantech, utilities and energy transition finance.
The Brattle Group compares the net cost of providing 400 MW of resource adequacy from three resource types: a natural gas peaker, a grid-interconnected battery system, and a VPP composed of residential demand flexibility technologies.
Also on the rise: Big PV plants may have positive climate impact in deserts, say researchers. California bill to mandate bidirectional chargers for all EVs sold after 2026. And more.
The Vancouver-based company introduced a 3.3 kW charger with a converter compatible with the vehicle’s auxiliary DC loads.
Funding will support BayWa r.e.’s efforts to advance its pipeline of solar, solar-plus-storage (1.1 GW) and storage projects (188 MWh) across five states.
The 400 MW nameplate capacity projects can provide enough clean power for 260,000 homes at four-hour intervals during peak power usage times such as weeknights from 5 p.m. to 9 p.m.
California’s legislature advanced SB-233 last week. If the 14 million+ cars currently registered in the state had a 75 kWh battery, the combined energy storage would amount to just over a terawatt-hour.
HB-1234 provides nearly $1,000,000 to help local governments streamline solar permitting and inspection to support solar adoption.
Also on the rise: Permitting, grid resiliency and fusion energy are top of mind at BNEF Summit. LG launches U.S. residential energy storage system. And more.
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