energy storage business News

Siemens eyes low-cost long-duration energy storage with new thermal system

he system is aimed to store energy “significantly below” €0.10/KWh in large-scale deployment, depending on the exact nature of the storage application or services involved, Till Barmeier, program manager for the project at Siemens, told Energy Storage Update. The system combines established steam turbine technology with packed-bed heat storage. After having been converted to heat ...

Oct. 25, 2016

By FC Business Intelligence

Sonnen plans new services; UK urged to lift barriers to storage

German solar energy storage maker Sonnen GmbH could start considering an IPO as early as 2017 to grow its international presence and develop additional services and business models. In a recent interview with Energy Storage News, Sonnen CEO Christoph Ostermann said that the company is relatively relaxed on the timeline – ...

Oct. 23, 2016

By FC Business Intelligence

U.S. Energy Storage Market Forecast to Exceed $5 Billion in 2014

The U.S. energy storage market totaled $3.06 billion in 2011 and is expected to exceed $5 billion in 2014, according to new estimates released by Climate Change Business Journal (CCBJ). A proprietary survey conducted by CCBJ and the Electricity Storage Assn. (ESA) in October 2011 revealed that the utility energy storage market is expected to contribute sales of $220 million to this total, ...

Nov. 30, 2011

By Environmental Business International (EBI)

SolarCity Introduces Energy Storage for Businesses

SolarCity® (Nasdaq: SCTY) has unveiled a smart energy storage system to address two major pain points for business: rising utility demand charges and increasing grid outages SolarCity DemandLogic™ can allow businesses to reduce energy costs by using stored electricity to reduce peak demand, and can ...

Dec. 3, 2013

By GLOBE SERIES

Energy Storage Exeter

Watch this video to find out more … See how market leaders, Sun Gift Energy based in Exeter – UK, are part of the renewable energy industrial revolution with innovative energy storage systems. These systems provide 80%+ self consumption on site for homes and businesses, using TESLA batteries. ...

Aug. 18, 2016

By SunGift Solar Ltd

ITM Power announced as title sponsor of California Hydrogen Business Council Spring Summit

The California Hydrogen Business Council (CHBC) is proud to announce ITM Power, a company that specializes in electrolysers for energy storage systems and clean fuel production, as the title sponsor of the CHBC Spring Summit in Long Beach, CA, May 5, 2014. Stephen Jones, Managing Director of Irvine, CA.-based ITM ...

Apr. 1, 2014

By California Hydrogen Business Council (CHBC)

Saudi minister says solar power should fuel national growth

“We should actually put a hiatus on power plants using fossil fuels and look only for solar as the future for energy in Saudi Arabia,” he said. As Chief Strategist for Saudi Arabia's King Abdullah City for Atomic and Renewable Energy from 2010 to 2015, Babelli led the development of new regulatory frameworks for renewable and nuclear power. Saudi Arabia has lagged behind ...

May 25, 2016

By FC Business Intelligence

Hybrid CSP-PV gains create openings for 24-hour solar supply

Last month, Spain's Acciona and Abengoa resumed construction of the 110 MW Cerro Dominador CSP plant after receiving a notice to proceed (NTP) from project owners. The Cerro Dominador plant is a tower design with 17.5 hours of molten salt thermal storage capacity. Abengoa is ...

Aug. 14, 2018

By FC Business Intelligence

China Silk Road fund buys into $4bn Dubai CSP plant; South Africa’s Eskom shelves 100 MW project

China's Silk Road fund is to acquire 24% of ACWA Power's 700 MW DEWA CSP plant in Dubai, the developer announced July 22. The Silk Road fund invests in a range of sectors under China's Belt and Road initiative, which expands China's influence over infrastructure, energy resources and ...

Aug. 14, 2018

By FC Business Intelligence

U.S. energy storage market to exceed $5 billion in 2014

The U.S. energy storage market totaled $3.06 billion in 2011 and is expected to exceed $5 billion in 2014, according to new estimates released by Climate Change Business Journal (CCBJ). A proprietary survey conducted by CCBJ and the Electricity Storage Assn. (ESA) in October 2011 revealed that the utility energy storage market is expected to contribute sales of $220 million to this ...

Dec. 14, 2011

By GLOBE SERIES

Energy Storage-Enabled Applications Are Poised to Disrupt Energy Markets

A recent white paper from Navigant Research examines five major trends and the related market forces expected to shape the future of the energy storage industry in 2016 and beyond. In the next 3-5 years, the storage industry is positioned to truly scale and echo the explosive growth ...

Sep. 29, 2016

By Smart Grid Observer

Con Edison Clean Energy Businesses and Johnson Controls Announce Battery Storage Technology Joint Venture

Consolidated Edison Solutions, Inc., a Con Edison Clean Energy Businesses, Inc. subsidiary, and Johnson Controls recently (10/1) announced a joint venture to expand the market for the energy storage technology developed over the last several years by Johnson Controls. Con Edison Solutions will be the majority owner and operating partner of the joint venture, while Johnson Controls will ...

Oct. 1, 2018

By Smart Grid Observer

Renewable Energy Storage

Your one-stop ticket to learn from and network with senior decision-makers, policy-makers, strategizing planning and execution of future, critical renewable energy storage projects within the United States This is your opportunity to hear vital first-hand approaches to funding billion-dollar projects, while mitigating risk. Learn from the successes and ...

Dec. 2, 2010

By American Conference Institute - C5 Group

Centrica Business Solutions Partners with U.S. Department of Energy on Battery Storage Trial

Centrica’s distributed energy and power business, Centrica Business Solutions, is to partner with the United States Department of Energy’s National Renewable Energy Laboratory (NREL) on a trial that aims to explore the integration of multiple energy storage technologies, including second life batteries from electric vehicles.Working from the NREL’s Energy Systems Integration Facility (ESIF), ...

Jun. 4, 2019

By Smart Grid Observer

ARPA-E announces $43 million for transformational energy storage projects to Advance Electric Vehicle and Grid Technologies

The Department of Energy today announced that 19 transformative new projects will receive a total of $43 million in funding from the Department’s Advanced Research Projects Agency-Energy (ARPA-E) to leverage the nation’s brightest scientists, engineers and entrepreneurs to develop breakthrough energy storage technologies and support promising small businesses. These projects are ...

Aug. 1, 2012

By US Department of Energy

AES Energy Storage, NEC Energy Solutions, and RES Americas Score Highest in Navigant Research Assessment of Energy Storage Systems Integrators

A new Leaderboard Report from Navigant Research examines the strategy and execution of 12 leading energy storage systems integrators (ESSIs), including vendor profiles, ratings, and rankings, with the goal of providing industry participants an objective assessment of these companies’ relative strengths and weaknesses in the market. While ESSI players ...

May 26, 2015

By Navigant Consulting, Inc. (NCI)

Emerging Business Models in Energy Storage Market Close the Gaps in Distributed Power Generation

Growing demand for distributed energy generation and energy storage system (ESS) technologies is producing new ESS business models, according to a new report from Frost & Sullivan. In Organization for Economic Co-operation and Development (OECD) countries, innovative models will open up ...

May 22, 2017

By Smart Grid Observer

FERC’s Energy Storage Ruling - How This Will Affect You?

(Gigaom) - The Federal Regulatory Energy Commission recently passed a mandate to support energy storage technologies that can provide quick bursts of power to the grid to help it run more smoothly. This new rule could play a crucial role in nurturing the growth of the young energy storage market, though energy storage companies won’t be the only beneficiaries of the new rule. ...

Nov. 29, 2011

By Marcus Evans

Global Solar Photovoltaics plus Energy Storage Nanogrid Revenue Is Expected to Reach $23.1 Billion in 2024

A new report from Navigant Research examines the global market for solar photovoltaics (PV) plus energy storage nanogrids, including an analysis of market issues, with forecasts for capacity and revenue, through 2024. During the last year, partnerships between solar PV companies and energy storage system (ESS) providers have increased rapidly, with their ...

Oct. 12, 2015

By Navigant Consulting, Inc. (NCI)

Sonnen and Greensmith Enter the Commercial Energy Storage Fray

Commercial and industrial storage has been the fastest-growing part of the storage sector, and companies are taking notice. Two major energy storage companies launched new systems aimed at the C&I market in July. Sonnen, the stalwart German residential storage company that recently expanded into North America, announced its ...

Aug. 1, 2016

By Greentech Media

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