energy storage business News

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. 2, 2018

By Smart Grid Observer

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. 4, 2013

By GLOBE SERIES

(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. 30, 2011

By Marcus Evans

 S&C Electric Company, a global leader in renewable energy integration, today announces it was awarded a $7.9 million USD contract by Green States Energy to construct a 2.5 MW solar photovoltaic farm near Roswell, N.M. S&C will provide procurement and construction services for the entire project.    To qualify for the ...

Apr. 23, 2013

By S&C Electric Company

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. 15, 2011

By GLOBE SERIES

Researchers at GE Global Research, the General Electric Company’s (NYSE: GE) technology development arm,haveachieved a first step in reducing the cost of clean fuel, zero emission buses, with a vehicle powered by GE’s new Durathon™ battery in tandem with a lithium battery and a hydrogen fuel cell. This promising development of a new energy management ...

Dec. 13, 2012

By General Electric

Infocast brings its highly acclaimed Storage Week Summit to San Jose, CA this coming June 25 - 27, 2012 at the DoubleTree by Hilton San Jose. Top industry thought leaders such as Luminant, CPUC, SunEdison, BrightSource Energy, Inc., SDG&E, SunPower, Starwood Energy Group Global, LLC, Statnett, PJM, NYISO, MISO, Hawaiian Electric Co., PG&E, APS, CPS Energy, PNM Resources, DNV-Kema, and ...

May 30, 2012

By Infocast

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, ...

Dec. 1, 2011

By Environmental Business International (EBI)

Saft has acquired 100 percent of the shares of Go Electric Inc., a leading US-based developer of distributed energy resiliency solutions for microgrids and Commercial & Industrial customers.Go Electric’s microgrid power controller technology, combined with energy storage, plays a key role in enabling customer sites to ‘keep the lights on’ by islanding them from the grid should a power outage ...

Jun. 18, 2019

By Smart Grid Observer

SAN FRANCISCO, April 15, 2013 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL), a leading global manufacturer of solar photovoltaic ("PV") modules and wafers, today announced it has been contracted to provide 7,200 of its 250-watt high-efficiency polycrystalline solar PV modules for a ...

Apr. 15, 2013

By ReneSola Ltd.

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 23, 2017

By Smart Grid Observer

GE Japan (Headquarters: Minato Ward, Tokyo; President: Akihiko Kumagai) today announces the installment of its high capacity energy storage system, gas engine for cogeneration, and LED lighting equipment for the “Future Disaster-Proof Factory Plan,” a project that is being undertaken by Sekisui House’s Tohoku Factory. Sekisui House’s Tohoku Factory proactively ...

Feb. 24, 2015

By General Electric

 Renewable energy generation and energy storage group, Gaelectric, has raised $84 million in funding for its portfolio of on-shore wind energy projects on the island of Ireland.  The portfolio comprises 164 MW of generation capacity across 13 projects which the Group plans to develop out by 2017, representing a total investment in the region of $325 million. Gaelectric is ...

Mar. 25, 2013

By Enercon Services Inc

Dominican Republic’s Viva-Trilogy Dominicana S.A. Mobile Network Records 88 Percent Reduction in Backup Power Costs and Diesel Fuel Expenses and a 60 Percent Decrease in Site Energy Costs While Maintaining Site Uptime GE Durathon* Battery Paired with Remote Monitoring System from OmniMetrix™ Provides Real-Time Battery and Grid Data ...

Dec. 5, 2013

By General Electric

10-20 Percent of Center’s Daily Electrical Consumption to be Shifted to off-Peak Hours 500-Kilowatt-Hour System to Provide Backup Power in the Event of Power Outages GE Energy Storage (NYSE: GE) today announced that it will participate in a load-shifting project at Discovery Science Center in Santa Ana, Calif., a non-profit education ...

Oct. 29, 2013

By General Electric

Annobon Province, Equatorial Guinea, to Install 5-MW Self-Sufficient Solar Microgrid MAECI Solar Project includes GE and Princeton Power Systems Technology Reliable, Predictable Power Enabled through GE Energy Storage Solar Installation to Supply Electricity for 100 Percent of Annobon ...

Jun. 4, 2014

By General Electric

SOUTHFIELD, Mich., May 3, 2013 /PRNewswire/ -- At the 2012 DTE/Engineering Society of Detroit (ESD) Energy Conference, DTE Energy issued an E-Challenge to commercial and light industrial companies to create an outstanding energy efficiency product that will have a tremendous impact on energy savings. More than 60 entries were received. Two winners were then selected and ...

May 3, 2013

By The Engineering Society of Detroit

The microgrid market is expected to expand rapidly over the next 10 years, bringing with it increased demand for energy storage associated with these systems. Energy storage systems (ESSs) deliver services to microgrids similar to the services that ESSs deliver to the traditional grid: resource optimization (fuel, solar photovoltaic, wind), resource integration (photovoltaic, wind), stability ...

Feb. 5, 2014

By Navigant Consulting, Inc. (NCI)

U.S. Energy Secretary Steven Chu will travel to China and Japan November 14 - 19 to meet with government officials, business leaders and others to discuss the Department's ongoing clean energy and scientific collaboration with both countries. More information about the trip is as follows: Shanghai, China On Sunday, November 14, Secretary Chu will tour clean energy ...

Nov. 5, 2010

By US Department of Energy

Johnson Controls, (NYSE: JCI), a global multi-industrial company with established core businesses in the buildings, automotive and energy storage industries, today announced that it has signed a definitive agreement to sell its automotive electronics business to Visteon Corporation (NYSE: VC) for $265 million. Under the terms of the agreement, Visteon will acquire Johnson Controls' ...

Jan. 13, 2014

By Johnson Controls, Inc.