Tagged * Greentech Media™

Goldman Sachs Becomes Solar Supplier to California CCAs as Its Acquisition Spree Continues

By [email protected] Canadian Solar subsidiary Recurrent Energy has sold its remaining equity stake in the 100-megawatt Mustang solar project, a key resource for California’s flagship community-choice aggregators, to the Renewable Power Group of Goldman Sachs Asset Management. Thursday’s deal completes Recurrent’s sale of equity stakes in the 973 megawatts of solar it brought online in…

Are Uber and Lyft Bad for Energy and Climate?

By [email protected] Uber and Lyft are now public — and now under more investor pressure to expand quickly. What does that mean for energy use and carbon emissions as more cars hit the roads? Multiple new studies show that these transportation networking companies are causing more traffic and pulling people away from public transit. Meanwhile,…

UK Battery Startup Moixa Lands $11M From Honda and Itochu

By [email protected] U.K. startup Moixa, which has megawatts’ worth of behind-the-meter batteries in the U.K. and Japan running on its distributed energy management software, has landed an £8.6 million ($11.1 million) venture capital round led by EV-as-grid-asset partner, Honda. Monday’s investment also included previous investors Japanese investment firm Itochu Corporation and First Imagine Ventures, as…

Lessons Learned From California’s Pioneering Microgrids

By [email protected] California is several years into a push to help commercialize microgrids in the state. Now, officials are taking stock of the performance of the first generation of microgrids supported under the effort. These demonstration microgrids are delivering a reported utility bill savings of 20 percent to 60 percent, primarily in avoided demand charges,…

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