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Public Storage grew steadily in the early 2000s [20] and was added to the S&P 500 in 2005. [15] In 2006 it acquired Shurgard Storage Centers in a transaction totaling $5.5 billion, acquiring 624 locations, including 141 in Europe. [21] [22] Public Storage had attempted to acquire the company in 2000 and again in 2005, but its offers were rejected.
Companies are also developing smaller flow battery technology for home use. As a local energy storage technologies for home use, they are smaller relatives of battery-based grid energy storage and support the concept of distributed generation. When paired with on-site generation, they can virtually eliminate blackouts in an off-the-grid lifestyle.
In 2010, SolarCity acquired Building Solutions, a home energy audit firm and began to offer energy efficiency evaluations and upgrades. [59] SolarCity expanded its energy efficiency services to the East Coast and worked with Admiral's Bank of Boston in March 2012 to make a new loan available to finance energy efficiency improvements.
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