Stem, a global provider of artificial intelligence (AI)-driven energy storage services, is deploying an intelligent energy storage system for Solvay’s plant in Welland, Ontario. With Stem’s services, Solvay will reduce their Global Adjustment and energy costs automatically — without changing plant operations or making a capital investment. Based in Belgium, Solvay manufactures advanced materials and specialty chemicals […]
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Sonoma Clean Power selects Stem’s AI-driven storage platform to manage energy costs
Sonoma Clean Power has selected Stem, Inc., a global provider of artificial intelligence (AI)-powered energy storage, as a preferred vendor for energy storage services in Sonoma and Mendocino counties. The partnership will offer increased energy savings and control for local, commercial, and industrial customers while enabling community sustainability planning. “Stem’s AI solution offers local, customer-based solutions that achieve […]
Stem to bring AI-driven energy storage projects to Ontario
Stem, Inc., the global provider of artificial intelligence (AI)-powered energy storage, announced that Ontario Teachers’ Pension Plan (an original Series D investor) has provided the company with a C$200 million commitment to finance the acquisition of AI-driven energy storage projects in the Ontario market. Stem also announced its second close of Series D financing with […]
California schools select Stem for solar-plus-storage projects
Stem, Inc., a global provider of artificial intelligence (AI)-powered energy storage and ForeFront Power, a C&I solar developer, announced a partnership to develop solar+storage energy systems for schools and municipalities throughout California. ForeFront Power’s solar solutions and financing, paired with Stem’s energy storage, enable public schools and agencies to reduce substantial energy expenses, hedge rising utility costs, […]
Stem to provide energy storage services to Sheraton Waikiki
Sheraton Waikiki has selected Stem, Inc., a global provider in artificial intelligence (AI)-powered energy storage, to provide energy storage services in support of the global hotel leader’s environmental sustainability planning. The 500-kWh system at the Sheraton Waikiki, which is owned by Kyo-ya Hotels & Resorts, will be the largest customer-sited system to participate in a utility program in […]
Stem expands its executive leadership team
Stem, Inc., the global provider of artificial intelligence (AI)-powered energy storage, has added to its executive with the goal of furthering its corporate vision and goals. Mark Triplett joins Stem this week in a new executive position of Chief Operating Officer (COO), responsible for deployment, supply chain, and programs. Triplett brings more than 20 years […]
INOAC selects Stem for 2.5 MWh of AI-powered energy storage in Canada
Stem, the global provider of artificial intelligence (AI)-driven energy storage services, is deploying a 2.5-MWh energy storage system in St. Mary’s, Ontario at INOAC Interior Systems. INOAC, a supplier to the automotive industry. The system will save money and help reduce the expensive electricity peaks that impact all electricity consumers in the province. With Stem, INOAC aims […]
Stem to deliver 7.5 MWh energy storage to Kilroy Realty Corporation
Stem was chosen by Kilroy Realty Corporation to deploy over 7.5 MWh of artificial intelligence (AI)-driven energy storage at eight commercial buildings in KRC’s California portfolio. The selection was facilitated by Black Bear Energy , who acted as the owner’s representative for Kilroy Realty. Stem will install its Athena-powered storage in 2018 at four KRC office buildings in San Francisco […]
Stem closes $80M investment to support expansion into Canadian energy market
Stem, Inc., a developer of artificial intelligence (AI)-powered energy storage, announced the first close of its Series D financing with an $80 million investment from a group of leading technology investors. In 2017, the company had over 1,100 sites operational or in construction with an average system size of 500 kWh, and has commissioned a new […]
Stem to build the first energy storage virtual power plants in Japan
Stem Inc., the global provider of artificial intelligence-driven energy storage services, and Mitsui & Co., Ltd. are partnering to build one of the first aggregated fleets of industrial customer-sited energy storage operating in Japan. This pilot will help inform Japan’s plans to develop aggregated demand response resources as flexible capacity to manage the variability from […]
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