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Community energy storage developer NineDot gets US$25 million financing from NYSERDA

State-sponsored investment fund NY Green Bank, will lend US$25 million to NineDot Energy, a developer of energy storage systems in New York.

New yorkUnited statesNew york universityTesla megapackValue of distributed energy resourcesYork state energy researchStem incLab at new york universityDevelopment authorityNy green bankCommunity protectionNinedot energyRetail energy storage incentive programNew york state energy researchUrban future labNew york city

First Tesla Megapack BESS in New York City inaugurated

The first battery energy storage system in New York City using Tesla Megapacks, a 12MWh system in the Bronx by NineDot, has been inaugurated.

New yorkUnited statesUnited kingdomTesla megapacksDavid arfinStem incNinedoty energyNinedot energyRetail energy storage incentive programYork state energy researchDevelopment authorityNew york cityNew york state energy researchRetail energy storage incentiveNew york state

Summit Ridge gets $15 million financing for 31MWh BESS in New York

Community solar developer Summit Ridge has secured US$15m project financing for two battery energy storage projects totalling 31MWh in NY.

New yorkUnited statesStaten islandBrian dunnEarls wikicommonsEnergy capitalValue of distributed energy resourcesRetail energy storage incentive programPine gate renewablesSummit ridgeNew york cityEnergy storage incentive programDistributed energy resourcesFundamental advisors

Fundamental Renewables Provides Financing to Summit Ridge Energy for Construction of Two Energy Storage Projects

/PRNewswire/ Fundamental Renewables, formerly MMA Energy Capital, an established provider of debt financing for renewable energy projects, and Summit Ridge.

New yorkUnited statesStaten islandBrian dunnMatthew dickeyWilkinson brimmer katcherJoele frankBob hopperEnergy capitalYork value of distributed energy resourcesPrnewswire fundamental renewablesSummit ridge energyRenewable energy developmentSenior advisor at fundamental renewablesRetail energy storage incentive programHighlights fundamental

Fundamental Renewables Provides Financing to Summit Ridge Energy for Construction of Two Energy Storage Projects

/PRNewswire/ Fundamental Renewables, formerly MMA Energy Capital, an established provider of debt financing for renewable energy projects, and Summit Ridge.

New yorkUnited statesStaten islandBrian dunnMatthew dickeyWilkinson brimmer katcherJoele frankBob hopperEnergy capitalYork value of distributed energy resourcesPrnewswire fundamental renewablesSummit ridge energyRenewable energy developmentSenior advisor at fundamental renewablesRetail energy storage incentive programHighlights fundamental

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