stem

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Energy Storage Firm Stem’s Q1 Revenue Up 63% YoY

Smart energy storage company Stem’s revenue increased 63% year-over-year (YoY) to $67 million in the first quarter (Q1) of the financial year (FY) 2023, driven by higher...

May 5, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Energy Storage Firm Stem’s Q4 Revenue Jumps 194% to $156 Million

Smart energy storage company Stem posted a revenue of $156 million for the fourth quarter (Q4) of the financial year (FY) 2022, which is a 194% jump year-over-year (YoY)....

February 21, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Smart Energy Storage Company Stem’s Q3 Revenue Up 150% On Higher Hardware Sales

Smart energy storage company Stem reported revenue of $100 million in Q3 FY 2022, a jump of 150% year-over-year (YoY) primarily due to higher hardware sales from...

November 8, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Energy Storage Firm Stem’s Loss Narrows to $32 Million in Q2 2022

Smart energy storage company Stem recorded revenue of $67 million in the second quarter (Q2) of 2022, a year-over-year (YoY) increase of 246% from $19 million. Stem...

August 8, 2022

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Gourav Mishra

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Energy Storage

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Market & Policy
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Energy Storage Firm Stem Posts 166% Growth in Revenue, Secures Supply Chain for 2022

Stem, a smart energy storage company, posted revenue of $44.1 million in the first quarter (Q1) of 2022, a year-over-year (YoY) spike of 166% from $15.4 million in the...

May 23, 2022

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Gourav Mishra

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Energy Storage

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Market & Policy
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Funding and M&A Roundup: Battery Cell Manufacturer SVOLT Raises $1 Billion

From: Mercom Capital Group SVOLT, a battery cell manufacturer, raised ¥6 billion (~$1 billion) in a financing round. The company plans to invest the fresh capital mainly...

December 20, 2021

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Staff

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Finance and M&A

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Other
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Stem to Acquire Solar Asset Software Service Provider AlsoEnergy for $695 Million

Stem, a U.S.-based artificial intelligence-driven (AI) energy storage software and services provider, has entered into a definitive agreement to acquire AlsoEnergy, a U....

December 17, 2021

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Harsh Shukla

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Finance and M&A

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Other
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Tender for 3.5 MW of Solar Projects Announced in Maharashtra

STEM Water Distribution and Infrastructure Company has issued a tender to set up 3.5 MW of grid-connected solar projects which will be developed on build own operate...

July 1, 2019

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Saumy Prateek

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Solar

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Tenders & Auctions

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