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Stem, Inc. Reports Record Full-Year 2020 Results
Stem, Inc.March 15, 2021 GMT
Stem Revenue More than Doubles in 2020; 10% Above Outlook Provided at Merger Announcement
Guidance Unchanged, Including 4x Annual Revenue Increase in 2021 Fully Covered by Contracted Backlog
Business Combination with Star Peak Expected to Close Early Q2 2021
MILLBRAE, Calif., March 15, 2021 (GLOBE NEWSWIRE) Stem, Inc. (“Stem” or “the Company”), a global leader in artificial intelligence (AI)-driven clean energy storage services, today reported results for the year ended December 31, 2020. The Company’s full-year 2020 financial results have been filed in an updated registration statement on Form S-4, which includes a preliminary proxy statement (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) by Star Peak Energy Transition Corporation (NYSE: STPK) (
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Stem, Inc. Announces New Front of the Meter, Wholesale Market Participation Services Project in .
Stem, Inc.March 2, 2021 GMT
MILLBRAE, Calif., March 02, 2021 (GLOBE NEWSWIRE) Stem, Inc., a global leader in artificial intelligence (AI)-driven clean energy storage services, today announced the installation of its largest Massachusetts solar plus storage site that will participate in New England wholesale energy markets through its existing partnership with Kearsarge Energy L.P. (“Kearsarge”), the developer and owner of the project.
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Kearsarge Haverhill LLC, located on a landfill in Haverhill, Mass., has 3.6 megawatts (MW) of solar with a 2 MW / 9 megawatt-hour (MWh) AC-coupled, front-of-the-meter (FTM) battery. The project is the largest of its kind that Stem’s AthenaTM smart energy storage software currently operates for Kearsarge in Massachusetts. Separately, Stem
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Stem, Inc. Announces Board of Directors for Post-Merger Public Company
Stem, Inc.February 18, 2021 GMT
MILLBRAE, Calif., Feb. 18, 2021 (GLOBE NEWSWIRE) Stem, Inc. (“Stem”), a global leader in artificial intelligence (AI)-driven clean energy storage systems, today announced its Board of Directors for the combined company that will result from its previously announced merger with Star Peak Energy Transition Corp. (“Star Peak”) (NYSE: STPK), a publicly-traded special purpose acquisition company, expected to be completed during the first quarter of 2021.
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“We have assembled a best-in-class Board of Directors comprised of seasoned energy, technology and policy leaders,” said John Carrington, Chief Executive Officer of Stem. “The collective experience of the board candidates in renewable energy generation, energy storage, grid services, technology, energy infras
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Stem, Inc. Brings Smart Energy Storage to Electric Cooperative Projects with Today’s Power, Inc.
Stem, Inc.February 11, 2021 GMT
MILLBRAE, Calif., Feb. 11, 2021 (GLOBE NEWSWIRE) Stem, Inc. (“Stem”), a global leader in artificial intelligence (AI)-driven clean energy storage systems, today announced the Company will provide smart energy storage services to Today’s Power, Inc. (“TPI”), a renewable energy company based in North Little Rock, Ark. that develops, owns and operates renewable energy assets. A certified partner in Stem’s Partner Program, TPI will leverage Stem’s smart energy storage solution to deliver energy flexibility in electric cooperative projects, starting in Northwest Arkansas.
Stem, Inc Awarded Project to Deliver Smart Energy Storage to Massachusetts Water Resource Authority – Padovanews padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.