LevelTen Energy eyes C&I sector interest in contracting energy storage resources
Dive Brief: LevelTen Energy announced Thursday a new type of financial contract through which corporations and load-serving entities can invest in large storage projects. LevelTen's platform for connecting renewable energy buyers to wind and solar products is expanding through the RE-Store Energy Agreement, a virtual contract that would reduce energy portfolio volatility without adding operational risk to buyers. The deal comes a week after Starbucks announced a virtual storage agreement and virtual power purchase agreement that would power more than 550 stores in California, through LevelTen...