battery storage News
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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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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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Green Mountain Power Offers New “Bring Your Own Device” Program to Cut Energy Peaks
Green Mountain Power (GMP) has announced a new program to partner with customers to reduce costs during high energy use times. During peak times such as cold winter nights, GMP will share access with customers’ home or business battery storage systems, rather than purchasing expensive surplus power. In return, GMP will issue credits to customers based on the amount of energy transferred from the ...
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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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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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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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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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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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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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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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RWE Gives Green Light for Utility-Scale Battery Storage Project in the Netherlands
RWE is further expanding its battery storage business worldwide. The company has now finalised its investment decision for a Dutch battery storage project with an installed power capacity of 35 megawatts and a storage capacity of 41 megawatt-hours. A total of 110 lithium-ion battery racks are to be installed at RWE's biomass plant in Eemshaven on an area of around 3,000 square metres. RWE plans ...
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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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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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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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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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SolaX Shine at Clean Energy Live 2016
For the third year running, SolaX Power have chosen the Clean Energy Live exhibition (previously Solar Energy UK) to showcase their latest product developments and innovations. The show, which closed its doors yesterday, has yet again proved to be the perfect platform for the launch of new products, and if the number of email and telephone enquiries already received is anything to go by, then ...
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This Richland solar farm with cutting-edge energy storage will bring 100s of workers to train
Construction has begun on a 20-acre solar project that will be paired with batteries to power 600 Richland homes as soon as this summer. Energy Northwest expects the project to draw national attention as utilities watch to see how a megawatt-scale project integrates with battery storage for renewable energy sources. The project is expected to be the first commercial-scale development in ...
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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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EDF Energy Renewables Awards Contract to Nidec ASI to Build Europe`s Largest Battery Storage Project
EDF Energy Renewables has signed a contract with Nidec ASI to build Europe's largest battery storage project for the UK's National Grid. The 49MW project is part of a new 200 MW enhanced frequency response system which will be deployed across the UK to balance the UK grid. It will be built at EDF Energy's West Burton site in Nottinghamshire. Nidec ASI will supply the battery storage system ...
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