battery storage News
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Mercom: Battery storage, Smart Grid, and Efficiency Companies Receive Increased Funding in 2017
Mercom Capital Group, llc, a global clean energy research and communications firm, recently released its report on funding and mergers and acquisitions (M&A) activity for the battery storage, smart grid, and energy efficiency sectors for 2017. In 2017, a combined $1.5 billion was raised by battery storage, smart grid, and energy effficiency companies, an increase from the $1.3 billion raised ...
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Energy Storage Industry Leaders Interview with AES Energy Storage Vice President John Zahurancik
With over 175 MW of projects installed today, and a pipeline of new endeavors which includes a 100 MW battery storage facility in Northern Ireland - AES is paving a path forward for energy storage systems. Speaking with GTM Editor Stephen Lacey, Vice President John Zahurancik discusses his company's experience and what lies on the horizon for the energy storage ...
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UK Battery Storage and Flexibility Conference 2017
This week on the 31st of October 2017 saw the delivery of Aurora Energy Research’s UK Battery Storage and Flexibility conference in London. The event, sponsored by Clarke Energy, Anesco, EOn and Osborne Clarke covered subjects including batteries, gas fuelled peaking stations, the Capacity Market and fast frequency response. The event took place in the heart of the UK’s financial ...
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Overload on The Grid: What Is Happening?
Last month, Het Financieele Dagblad already wrote about the problems on the power grid: "expansion of the power grid is too slow, provinces warn". Urgent action needs to be taken. That this action is necessary is once again confirmed by DPG Media Nederland: "because countless wind and solar parks have been realized in recent years, the electricity grid is cracking." The Grid Capacity Action Team ...
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APS Brings Battery Storage to Rural Arizona
Instead of rebuilding about 20 miles of transmission and distribution poles and wires, Arizona Public Service (APS) will install two battery storage systems in rural Punkin Center, Arizona, making it one of the first electricity companies in the nation to use batteries in place of traditional infrastructure. The two 4-megawatt-hour (MWh) Advancion batteries are made by AES Energy Storage. ...
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Ultra-Fast battery storage systems for three Uk sites
Sembcorp’s UK business has powered up its first 60 MW of “ultra-fast” battery storage capacity. The company has commissioned three 20 MW sites in England that will support grid operations. They bring Sembcorp Energy UK’s operating portfolio in Great Britain to 973 MW, and represent one half of a planned 120 MW energy storage portfolio, the company said. The three sites are ...
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Battery Storage, Smart Grid, and Efficiency Companies Raise Over $839 Million In VC Funding In 1H 2018
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter (Q2) and first half (1H) of 2018. Total corporate funding (including venture capital funding, public market, and debt financing) in 1H 2018 was ...
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A Solar Battery Storage Revolution
SolaX are pleased to announce the imminent launch of the new X-Hybrid 3-phase solar battery storage inverter, it is the latest incarnation of the market leading range of hybrid inverters, offering a flexible and scalable for both domestic and commercial properties. The three phase series includes inverters ranging in size from 5-10KW, also with the ability to install multiple inverters in ...
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NERC Report Highlights Major Contribution to Reliability Offered by Battery Storage
NERC's Impacts of Electrochemical Utility-Scale Battery Energy Storage Systems on the Bulk Power System report was released this week. The assessment emphasizes some of the potential reliability benefits that battery energy storage systems can offer, such as providing peaking capacity; minimizing the need for new generation and transmission infrastructure; and providing essential reliability ...
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CPS Energy unveils first solar energy, battery storage project in Texas
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 consist ...
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Solar Builder - Ameresco nears completion of Colorado’s largest solar + storage site for local cooperative
Colorado’s largest solar array and battery storage facility of its kind was the focus on Wednesday of a public ribbon-cutting celebration at Colorado Mountain College (CMC) Spring Valley at Glenwood Springs. The project is 95% complete and is scheduled to reach commercial operation this fall. The Solar Array and Battery Storage Complex at Colorado Mountain College Spring Valley is the ...
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Mercom Releases Q1 2020 Funding and M&A Report on Battery Storage, Smart Grid, and Efficiency
Mercom Capital Group found that in Q1 2020, a combined $252 million was raised by battery storage, smart grid, and energy efficiency companies, a 20% increase from the $210 million raised in Q1 2019. One of the report's findings is that venture capital funding (including private equity and corporate venture capital) raised by battery storage companies in Q1 2020 came to $164 million in six ...
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San Diego Gas & Electric Adds Five New Energy Storage Projects Totaling 83.5 Megawatts
San Diego Gas & Electric (SDG&E) announced recently (6/5) that five new energy storage projects totaling 83.5 megawatts (MW) and one demand response program equaling 4.5 MW have been approved by the California Public Utilities Commission (CPUC). The projects will add lithium-ion battery storage facilities in San Diego and south Orange counties. "The approval marks yet another milestone in ...
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CPUC Issues Solar Tariff Modernization Proposal To Support Reliability and Decarbonization
The California Public Utilities Commission this week (Nov 10) issued a proposal to modernize the Net Energy Metering (NEM) solar tariff to promote solar and battery storage, grid reliability, and control electricity costs for Californians. The update launches the solar industry into the future so that it can support the modern grid by incentivizing solar paired with battery storage and the ...
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EVgo Balances EV Fast Charging With 14 Battery Storage Systems Across 11 EVgo Fast Charging Stations
EVgo, the nation’s largest public fast charging network, announced recently (4/11) that it has completed or has in construction 14 battery storage systems located at 11 fast charging stations, the largest deployment of battery storage systems at public fast charging stations in the nation. As electric vehicles surge in popularity, EVgo’s fast charging network are designed to provide a stable and ...
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Battery Storage, Smart Grid, and Efficiency Companies Raise $472 Million In VC Funding In Q1 2018
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for the first quarter of 2018. To get a copy of the report, visit: http://bit.ly/MercomSGQ12018 According to the report, corporate funding in battery storage came to ...
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Leyline Renewable Capital and Starwood Energy Group Partner with American Power Ventures to Bring Reliability to the Power Grid
Leyline Renewable Capital, a leading provider of debt and equity capital for renewable energy development and construction, and Starwood Energy Group Global, a private investment firm that specializes in energy infrastructure investments, this week announced a newly formed joint venture that will partner with American Power Ventures (APV) to develop and finance two standalone battery storage ...
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PG&E Battery Storage Systems Are First to Successfully Participate in California Electricity Markets
Pacific Gas and Electric Company (PG&E) has successfully completed a technology demonstration project to explore the performance of battery storage systems participating in California's electricity markets. The project, funded by California's Electric Program Investment Charge (EPIC) program, began in 2014 and utilized PG&E's 2 megawatt (MW) Vaca-Dixon and 4 MW Yerba Buena battery ...
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Selectronic adds new 3.5kW model to its industry leading SP PRO Series 2i inverter range
Following the recent release of the SP PRO Series 2i range, Selectronic has added the new SMPC480 3.5kW model for smaller applications that still require high quality. The SPMC480 model caters for a growing demand for smaller scale battery storage systems, with a continuous output of 3.5kW to outperform all competing brand equivalents on the market. An Australian-owned manufacturer of 55 years, ...
By MPower
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Smart Grid, Battery Storage and Efficiency Companies Bring in $102 Million in Venture Capital Funding in Q3 2016
October 28, 2016 -- Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the Smart Grid, Battery Storage and Energy Efficiency sectors for the third quarter of 2016. To get a copy of the report, visit: http://bit.ly/MercomSGQ32016 Smart Grid, Battery Storage and Efficiency ...
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