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Californian ESS provider adopts leasing model

Thu, 10/31/2013 - 15:45 -- Ruth Williams
The lithium-ion battery systems are connected to cloud-based analytics that can determine when it's best to draw energy from the battery and cut the demand charges that come during peak usage hours.

Stem, a US provider of energy storage systems, has secured US$5m investment from Clean Feet Investors  that will allow it to offer battery systems to commercial and industrial customers with no upfront costs.

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