AI-driven Distributed Energy Storage
As the first public pure play smart energy storage company, Stem (NYSE:STEM) delivers and operates battery storage solutions that maximize renewable energy generation and help build a cleaner, more resilient grid. By combining advanced energy storage solutions with Athena®, a world-class AI-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation and grid power. Stem’s solutions help enterprise customers benefit from a clean, adaptive energy infrastructure and achieve a wide variety of goals, including expense reduction, resilience, sustainability, environmental and corporate responsibility and innovation. Stem also offers full support for solar partners interested in adding storage to standalone, community or commercial solar projects – both behind and in front of the meter. Stem’s customers include over 30 Fortune 500 companies, project developers, utilities and independent power producers. Stem merged with Star Peak Energy Transition Corp. in 2021 to become a publicly traded company under the ticker “STEM”. Mithril has been a significant investor in Stem since its initial 2016 investment.
