Ormat Technologies, Inc. (“Ormat”) (NYSE:ORA) today announced that it has closed its previously announced acquisition of substantially all of the business and assets of Viridity Energy, Inc. (VEI). VEI is a privately held Philadelphia-based company with nearly a decade of expertise and leadership in demand response, energy management and storage. Using proprietary software and ...
FARMINGTON, Conn., June 4, 2012/PRNewswire-iReach/ -- Global Information Inc. is pleased to announce the availability of two important new green energy distribution and storage market research reports: Smart Grid Renewables Integration - Transmission Upgrades, Energy Storage, Demand Response, Virtual Power Plants, and Microgrids as Enablers of Renewable Energy on the Grid Smart grid ...
Starting from the example of Dublin overtaking London as Europe’s largest data centre cluster, we analize why modular uninterruptible power supplies are key to powering this processing revolution. Technology giants such as Amazon, Facebook, Google and Microsoft are always demanding more energy, and this growth is putting pressure on electricity supply in the countries that host them. If ...
The steady increase in sales of electric vehicles (EVs) has led to advances in EV batteries, particularly those using lithium ion (Li-ion) technology. While early hybrid vehicles featured nickel-metal hydride (NiMH) batteries, Li-ion batteries have taken over, particularly in the latest generation of plug-in electric vehicles (PEVs). Click to tweet: According to a new report from Navigant ...
This week (4/30), Opus One Solutions (Opus One) announced the successful completion of a year-long joint project with Portland General Electric Company focused on Integrated Distribution Planning. By incorporating Opus One’s next generation software platform into PGE’s distribution planning process, PGE was able to demonstrate full situational awareness on their network. This allows ...
Enel X, the Enel Group’s advanced energy services business line, launched its new electric mobility unit in North America by integrating the company’s US-based electric vehicle (EV) charging solutions subsidiary, formerly known as eMotorWerks, into the Enel X brand as of July 12. With the launch of this new unit, the company will add JuicePass, Enel X’s new EV charging app as well as eMotorWerks’ ...
San Francisco clean-tech leader Advanced Microgrid Solutions was tapped for a second major grid services project in electricity-constrained areas of the Los Angeles Basin. Under five new power purchase agreements announced recently, AMS will build 40 Megawatts of fast-response energy storage systems at targeted customer locations in Southern California to reduce demand from the grid on key ...
Ormat Technologies, Inc. (“Ormat”) (NYSE: ORA) today announced that it has entered into a definitive agreement to acquire substantially all of the business and assets of Viridity Energy, Inc. (“Viridity”), a privately held Philadelphia-based company with nearly a decade of expertise and leadership in demand response, energy management and storage. The acquisition, which is ...
Minimal energy storage is required to achieve maximum demand charge savings. Learn how Geli can improve any solar investment with the addition of energy storage. Geli worked with Woodlawn Associates, a leading energy project finance consulting firm, to determine the economic benefits of solar-plus-storage systems in a number of different markets. High level findings include: The NPV of a ...
Commercial electricity customers who are subject to high demand charges may be able to reduce overall costs by using battery energy storage to manage demand, according to research by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL). The analysis represents the first publicly available survey of commercial-sector demand charges across the United States. By determining ...
A new report from Navigant Research analyzes the global market for distributed energy resources (DER) technologies, with forecasts for installed capacity and revenue, through 2024. DER penetration is increasing globally, causing a significant, and sometimes controversial, impact on the power and utilities sector. The rapid expansion is expected to force a major shift away from the centralized, ...
Faced with the rapid evolution of generation, transmission and distribution technology, utilities are poised to undergo their most visible transformation in more than a century. By actively pursuing grid modernization efforts now — deploying smart devices, predictive analytics and active network management strategies — they can overcome the pitfalls of aging infrastructure assets and meet rising ...
The Energy Department's (DOE) National Renewable Energy Laboratory (NREL) has used the Battery Lifetime Analysis and Simulation Tool (BLAST) to confirm that energy storage for demand-charge management can deliver attractive economic benefits. The analysis paired recent utility rate structures with historic data on solar photovoltaic electricity generation and commercial facility loads to evaluate ...
Reportlinker.com announces that a new market research report is available in its catalogue: Energy Storage Tracker 4Q12 http://www.reportlinker.com/p01055986/Energy-Storage-Tracker-4Q12.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Renewable_energy Government investments in energy storage and related areas (such as smart grid) are clearly bearing fruit, particularly in the ...
The federal government has announced potential support up to $146 million for 19 renewable and clean energy projects across the country. The nineteen successful projects were selected in response to a call for proposals under the Renewable and Clean Energy portion of the Clean Energy Fund. The funding will go towards projects involving integrated community energy solutions, smart grid ...
Despite regulatory uncertainty, a highly-fragmented global market, and a risk-averse client base, the demand for energy storage on the grid will zoom to $113.5 billion in 2017, from a $2.8 billion market in 2012, reaching 185.4 gigawatt-hours (GWh) of capacity from 3.2 GWh, according to a Lux Research report. Lux Research analysts developed a dynamic Grid ...
Renewable energy technologies set new installation records as their contribution to the global energy mix continued to climb in 2013. Renewable power capacity jumped more than 8 percent in 2013, accounting for over 56 percent of net additions and now has the potential to account for over a fifth of world electricity generation. These are some of the findings of the latest edition of the annual ...
Enel S.p.A., through its US subsidiary EnerNOC, has announced the acquisition of California-based eMotorWerks, a leading North American supplier of electric vehicle (EV) charging stations, called JuiceBox, and owner and operator of JuiceNet, an Internet of Things (IoT) platform for the smart management of EV charging and other distributed energy storage facilities. Through the JuiceNet platform, ...
A recent report from Facts and Factors Research finds that the global thermal energy storage market in 2019 was approximately USD 4,281.6 Million. The market is expected to grow at a CAGR of 10.4% and is anticipated to reach around USD 8558.34 Million by in 2026. Thermal energy storage is referred to as a technology that stocks thermal energy by cooling or heating a storage medium. Later on, the ...
In a world first, Siemens Gamesa Renewable Energy (SGRE) has begun operation of its electric thermal energy storage system (ETES). During the opening ceremony, Energy State Secretary Andreas Feicht, Hamburg's First Mayor Peter Tschentscher, Siemens Gamesa CEO Markus Tacke and project partners Hamburg Energie GmbH and Hamburg University of Technology (TUHH) welcomed the achievement of this ...