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US Energy Storage Firm Stem Nears $1.35 Billion Deal to go Public

2020-12-04 15:30:00| OGI

U.S. artificial intelligence-driven energy storage company Stem Inc. is nearing a deal to go public through a merger with blank-check acquisition company Star Peak Energy Transition Corp. at a valuation of around $1.35 billion, according to people familiar with the matter on Dec. 3.

Tags: public energy deal firm

 

LSBU researchers investigating metal hydride hydrogen storage for buses

2020-12-02 12:55:38| Green Car Congress

Tags: metal storage researchers hydrogen

 
 

Santos reports successful CO2 capture and storage injection trial in Moomba CCS project

2020-10-26 08:55:36| Green Car Congress

Tags: project reports trial successful

 

Mercom Capital Group: Battery storage, smart grid & efficiency companies raise $3.2B in funding in Q3 2020; up 165% QoQ, 777% YoY

2020-10-20 10:56:07| Green Car Congress

Tags: group companies capital storage

 

Intel sells Nand memory, storage business to SK hynix for USD 9 billion

2020-10-20 09:59:00| Telecompaper Headlines

(Telecompaper) South Korean chipmaker SK hynix has agreed to buy Intel's Nand memory and storage business for USD 9 billion. SK hynix said the move will enhance the competitiveness of its storage services, including enterprise SSDs, in the rapidly growing Nand flash space, and push it to the fore as one of the world's leading semiconductor companies. Intel said it will invest the money received into "leadership products" and to advance its long-term growth priorities, including artificial intelligence, 5G networking and the intelligent, autonomous edge.

Tags: business memory storage usd

 

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