Breaking News
France's Fiasco
The Fear-Mongering Rackets of the US National-Security State
Gen-Z flexes new-age political muscle in Nepal
Trump to sign EO directing investigation of 'crypto' debanking: report
Top Tech News
Methylene chloride (CH2Cl?) and acetone (C?H?O) create a powerful paint remover...
Engineer Builds His Own X-Ray After Hospital Charges Him $69K
Researchers create 2D nanomaterials with up to nine metals for extreme conditions
The Evolution of Electric Motors: From Bulky to Lightweight, Efficient Powerhouses
3D-Printing 'Glue Gun' Can Repair Bone Fractures During Surgery Filling-in the Gaps Around..
Kevlar-like EV battery material dissolves after use to recycle itself
Laser connects plane and satellite in breakthrough air-to-space link
Lucid Motors' World-Leading Electric Powertrain Breakdown with Emad Dlala and Eric Bach
Murder, UFOs & Antigravity Tech -- What's Really Happening at Huntsville, Alabama's Space Po
Tiny briefcase engine boosts EV range beyond battery power 
Southern California Edison To Bring Online 50 MW Tesla Powerpack 2 Systems
The 50 MW projects (utilizing Tesla's Powerpack 2) are conducted by Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group (a global finance corporation).
Beside the large scale of storage systems, Macquarie boasts an industry-first battery storage project financing.
According to the press release, SCE will actually purchase capacity from the Macquarie-owned fleet of behind-the-meter, battery-based energy storage systems, under a 10-year capacity contract to provide load reduction services, as part of SCE's plan to modernize the grid by 2022.
"Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group ("Macquarie") (ASX: MQG; ADR: MQBKY), today announced the closing of the first non-recourse project financing of battery-based energy storage systems with CIT Bank.