Duke Energy’s $30 Million Investment in Battery Storage Is ‘a Harbinger of Things to Come’

Duke Energy is investing $ 30 million into the two biggest battery storage projects in North Carolina — a first for the regulated arm of the Charlotte-based utility.  “We feel the technology has improved, the price has come down, and we think there are some niche applications where battery use makes sense for the regulated utility,” said Duke spokesperson Randy ... Read More »

Watch New York REV Future 2017 Live on September 26 & 27

GTM Squared will live stream all panels from New York REV Future 2017 on September 26 and 27. Squared members get exclusive access to the live broadcast and the video on-demand after the event. See the broadcast agenda below and sign up for Squared here to make sure you don't miss any insights. Tuesday, September 26, 2017 (all times ET) 9:00 ... Read More »

Grid+ Raises $40 Million as Blockchain Fever Grows

Grid+, one of a growing number of energy-related blockchain ventures, has raised $ 40 million in presales before even going public, CryptoCoinsNews reported. The startup, owned by New York blockchain development house ConsenSys, had to shut down the presale of its GRID tokens due to “overwhelming interest,” Grid+ said in a tweet. “Any new interest will officially be moved to a waitlist.” ... Read More »

US Solar Companies ‘Plan for the Worst, Hope for the Best’ Following Key Trade Case Vote

A vote by the International Trade Commission shook the U.S. solar industry on Friday, as companies braced themselves for possible tariffs on imported solar equipment.  Federal trade officials unanimously sided with petitioners Suniva and SolarWorld, which argued that cheap imports from Asia and elsewhere had caused “serious injury” to domestic manufacturers. Reactions from the broader U.S. solar industry poured in ... Read More »

Solar Tariff Case Advances as ITC Finds ‘Injury’

The threat of solar tariffs moved one step closer to reality on Friday when U.S. trade commissioners unanimously agreed that imported solar equipment has caused “serious injury” to domestic manufacturers.  The vote handed a victory to Suniva and SolarWorld, which filed a rare petition under Section 201 of the 1974 Trade Act, arguing that cheap solar imports have made it impossible ... Read More »

Next Steps for Enphase: New CEO Aims to Bring Discipline, Global Growth

Enphase kicked off the microinverter trend, but its long-time struggle with profitability led to the ouster of CEO Paul Nahi in August. The search for his replacement wrapped up quickly, with the internal pick of Chief Operating Officer Badri Kothandaraman. He joined the team in April from a leadership role at Cyprus Semiconductor, a few months after Cyprus founder, ardent free-marketeer ... Read More »

Mercedes Plans to Invest $1 Billion in an Electric SUV-Plus-Battery Plant in Alabama

Mercedes is investing more than $ 1 billion to upgrade a U.S. plant for assembling batteries and electric SUVs — putting a big bet on the market for larger battery-powered vehicles.  The German automaker, owned by Daimler, made the announcement Thursday at its Tuscaloosa, Alabama plant, which makes its SUV models GLE, GLS and GLE Coupé. Along with a nearby ... Read More »