Energy Storage News

New York State Electric & Gas along with Rochester Gas and Electric, subsidiaries of AVANGRID, Inc., have completed construction and deployed four energy storage pilot projects. These initiatives will test electric distribution system benefits, new technologies, and the capability to store energy, which could create opportunities for cost savings and provide environmental ...

Jan. 15, 2019

By Smart Grid Observer

The AES Corporation and Kaua’i Island Utility Cooperative (KIUC) recently (1/8) inaugurated the Lāwa’i Solar and Energy Storage Project, the largest operational solar and storage system in the world. The project, owned and operated by AES Distributed Energy, consists of a 28 MW solar photovoltaic (PV) and a 100 MWh five-hour duration energy storage system, and will help Hawaii meet its goal of ...

Jan. 8, 2019

By Smart Grid Observer

Malta Inc, a pioneer in electro-thermal energy storage, recently (12/19) announced it has raised $26M in a Series A round of funding led by Breakthrough Energy Ventures with participation from other investors including Concord New Energy Group and Alfa Laval. The Malta energy storage system stores energy in the form of a thermal differential between hot and cold storage media. It is based on ...

Dec. 19, 2018

By Smart Grid Observer

ContourGlobal has agreed to sell 49% of 250 MW of Spanish CSP assets to a fund advised by Credit Suisse Energy Infrastructure Partners (CSEIP), ContourGlobal announced December 6. ContourGlobal purchased the five 50 MW assets from Spain's Acciona earlier this ...

Dec. 11, 2018

By New Energy Update

Maintenance windows, system degradation and future upgrade profits are all impacted by dispatch and charge decisions during operations, PV plus storage experts told the PV Operations USA conference. The U.S. PV plus storage market is set to soar in the coming years as falling prices create new market openings. PV plus storage projects are set to spread from Southwest markets ...

Dec. 5, 2018

By New Energy Update

Peak Power Inc., a leading energy services provider, announced today that it has successfully completed the installation of 375 kW / 940 kWh of battery energy storage with GHP Realty, a division of Houlihan-Parnes Realtors, LLC, at their headquarters at 4 West Red Oak Lane, White Plains, New York. This project was funded in part through an incentive from a Con Edison Energy Efficiency ...

Dec. 5, 2018

By Smart Grid Observer

KEPCO president and CEO Kim Jong-gap announced on November 18 that the company is pursuing its "KEPCO Open MG Project" to develop the future microgrid."KEPCO Open MG" refers to an open energy community that combines existing microgrid technology, digital energy solutions and blockchain.  Previously, ...

Nov. 21, 2018

By Smart Grid Observer

Mitsubishi Electric Corporation recently announced that the company has received an order for its BLEnDer RE energy-management system to monitor and control the battery and power conditioners (PCS) of what the company believes will become the world's largest energy-storage system (240MW output and 720MWh rated capacity) at Kita-Toyotomi Substation in Toyotomi, Teshio, Hokkaido, which is owned by ...

Nov. 20, 2018

By Smart Grid Observer

DNV GL recently released its first annual Battery Performance Scorecard, to help equip energy storage product buyers with objective data to guide their purchase strategies. The Battery Performance Scorecard provides independent ranking and evaluation of battery vendors based on ...

Nov. 19, 2018

By Smart Grid Observer

Schneider Electric recently announced it will deliver Finland's largest industrial microgrid and an advanced IoT-enabled building automation system for Lidl's new distribution center in Järvenpää, Finland.  The unique distribution center that will cover a surface of 60,000 m2, the largest in Finland and equivalent to 10 football fields in size, will ...

Nov. 8, 2018

By Smart Grid Observer

The tumbling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company BloombergNEF (BNEF). The global energy storage market1 will grow to a cumulative 942GW/2, 857GWh by 2040, attracting $1.2 trillion in investment over ...

Nov. 8, 2018

By Smart Grid Observer

Europe is forecast to add 12.6 GW of solar power capacity in 2018 (including Turkey), up 37% year-on-year as the expiry in September of import tariffs on Asian modules and cells boosts demand, industry group SolarPower Europe said in a statement October 31. In June, SolarPower Europe predicted a smaller increase of 34%. "The European solar market is growing even more than anticipated in 2018, in ...

Nov. 6, 2018

By New Energy Update

Canadian Solar Inc. recently (10/30) announced its wholly owned subsidiary Recurrent Energy LLC has signed two 15-year power purchase agreements with Silicon Valley Clean Energy and Monterey Bay Community Power for a 150 megawatt solar power system with 180 megawatt-hours of battery storage. This joint procurement effort represents the largest contracted solar-plus-storage project ...

Oct. 30, 2018

By Smart Grid Observer

With home battery energy systems (BES) gathering market momentum, residents and utilities worldwide are weighing the benefits of storage. To advance understanding of this emerging technology, one utility in central Arizona is collaborating with the National Renewable Energy Laboratory (NREL) to launch one of the largest BES studies to date for up to 4,500 of its customers. Salt River Project ...

Oct. 28, 2018

By Smart Grid Observer

Solar plus storage deployment is spreading from the U.S. Southwest into eastern states as growing competition boosts efficiency gains in technology coupling, analysts from Bloomberg New Energy Finance (BNEF) told New Energy Update. Solar plus storage costs are falling below gas-fired power costs in parts of the U.S. Southwest, according to the latest analysis from BNEF. The cost of ...

Oct. 23, 2018

By New Energy Update

Duke Energy's advancement of battery energy storage technologies in the Carolinas includes $500 million of projects in the company's 15-year forecast – continuing the company's industry-leading deployment of the technology."Duke Energy is at the forefront of battery energy storage, and our investment could increase as we identify projects that deliver benefits to our customers," ...

Oct. 10, 2018

By Smart Grid Observer

San Antonio’s natural gas and electric provider, CPS Energy has recently announced opening of its first solar energy and battery storage project in Texas, a significant step in utilizing innovative technology to produce zero-emission renewable energy during high energy use days.As per sources, the USD 16.3 million project, constructed by leading renewable energy company RES Americas, will ...

Oct. 10, 2018

By Global Market Insights, Inc.

In celebration of Hydrogen and Fuel Cell Day, the U.S. Energy Department has announced a memorandum of understanding (MOU) with the U.S. Army to collaborate in the development of hydrogen and fuel cell technologies for military and civilian use. Signed by the Director of the U.S. Department of Army's Tank & Automotive Research Development and Engineering Command (TARDEC), Dr. Paul Rogers, and ...

Oct. 9, 2018

By Smart Grid Observer

Rolls-Royce is investing in Berlin-based start-up company Qinous GmbH, a global provider of innovative energy storage and control systems, and adding turnkey microgrids to the portfolio. “As a strategic investor, the aim is to set up a partnership with Qinous for the development of innovative energy storage solutions and together offer cleaner solutions designed to meet tomorrow’s ...

Oct. 4, 2018

By Smart Grid Observer

The New York Power Authority (NYPA) recently announced plans to establish a new 20 megawatt (MW) battery project in Northern New York that will demonstrate the operation of a large-scale energy storage system. The first-of-its kind project supports Governor Andrew M. Cuomo's commitment to combat climate change and grow the energy storage sector."The Northern New York region is a major source of ...

Oct. 2, 2018

By Smart Grid Observer