“We will be driven by the philosophy that data is an important national resource.” In 2007, when Barack Obama was running for president, it cost roughly 44 cents to store a gigabyte of data. This year, as President Obama approaches the second half of his second term, the cost to store a gigabyte of data… Keep reading →
New York state is, after California (and possibly Hawaii), the country’s biggest market for next-generation batteries and grid-scale energy storage. The action includes Long Island Power Authority’s request for up to 150 megawatts of energy storage, a soon-to-be-unveiled storage incentive program from Consolidated Edison, and emerging opportunities in microgrids, behind-the-meter storage, renewable energy integration and other grid edge applications. These opportunities are attracting many players, ranging… Keep reading →
Which technology wins in a head-to-head comparison: fuel cell vehicles or electrics? The first mass-market consumer fuel-cell vehicle will soon be available in California: the Hyundai Tucson Fuel Cell SUV. It’s taken decades to get to this point, so many enthusiasts are hoping that this will be a tipping point for the technology. It’s an exciting… Keep reading →
Sunverge sees a future in building and managing customer energy-storage systems as utility assets. Ken Munson, CEO of Stockton, Calif.-based startup Sunverge Energy, doesn’t want you to think of his company’s product as a “battery in a box,” backing up a roof full of solar panels — even if that’s one very accurate way to describe… Keep reading →
Another indicator of solar going mainstream SolarCity is offering another $70.2 million in asset-backed notes. Late last year, SolarCity executed on a solar financing milestone and offered a private placement of $54.4 million of an “aggregate principal amount of Solar Asset Backed Notes, Series 2013-1.” That was one of the first times securitization was employed… Keep reading →
$8 billion in smart grid stimulus projects is only a fraction of what’s needed to modernize the grid. The approximately $4 billion in Smart Grid Investment Grants that were issued as part of the American Recovery and Reinvestment Act of 2009 was parlayed into nearly $8 billion in grid modernization projects that are still ongoing.… Keep reading →
“Every four minutes, another American home or business goes solar.” President Obama addressed a number of key themes in his State of the Union speech tonight: income equality, economic competitiveness, national security, and, naturally, GTM Research. Shayle Kann, our VP of research, wasn’t invited as a guest to the speech. But he got the next… Keep reading →
We couldn’t have said it better ourselves. Last year’s election season brought us an amazing series of zingers and gaffes from national politicians — including a number on Solyndra and the clean energy stimulus. Since 2013 isn’t an election year (well, sort of), cleantech hasn’t been in the national spotlight in the same way. That means most of the key… Keep reading →
It isn’t gold.
Weakening venture capital funding for one of the globe’s fastest-growing sectors isn’t a mystery for sector watchers, but with increasing adoption of disruptive monitoring technology, the market opportunity isn’t a matter of if, but when. Keep reading →
Collaboration between utilities and third party software developers will be crucial in the implementation of the smart grid, bringing innovation to large energy suppliers and reliable customers for data firms.
Large utility companies need to embrace “big data analytics” to better understand the “health of our assets,” Karen Austin, the senior price president and chief information officer at Pacific Gas and Electric, said. Keep reading →
