Day: March 1, 2025

New MIT Study Reaffirms Grid-Edge Devices Strengthen the Grid 

A new Massachusetts Institute of Technology (MIT) study has reaffirmed that rooftop solar panels, EV chargers, smart thermostats, and other grid-edge devices have the ability to significantly enhance power grid reliability.   The study, conducted by MIT engineers Vineet Nair and Anu Annaswamy, was published in the Proceedings of the National Academy of Sciences and proposes […]

SMT Energy Secures Funding for 160MW BESS Facility in Texas

SMT Energy has secured funding for a 160 MW/320 MWH battery storage facility in Houston, Texas, called SMT Houston IV.  Macquarie Group and KeyBanc Capital Markets were joint lead arrangers in the funding.  KeyBanc also acted as SMT’s financial advisor while FlexGen Power Systems is slated to provide the equipment for the project.  The facility […]

California Energy Commission Announces $55M Fast-Charging EV Station Initiative 

The California Energy Commission (CEC) announced a new $55 million funding effort to support the installation of public EV fast-charging stations across the state; the funding window will launch in July 2025.  Dubbed the ‘Fast Charge California Project’, it is the largest EV charging incentive initiative in the country and a part of the California […]