energy storage demand News

Ormat Technologies Announces Closing of the Acquisition of Viridity Energy

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 ...

Mar. 15, 2017

By Ormat Technologies, Inc.

Smart Grid Renewables Integration Market Skyrockets Over 300%, to Reach $13 billion by 2018

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 ...

Jun. 4, 2012

By Global Information, Inc. (GII)

That`s why Modular Uninterruptible Power Supplies are the answer to Data Centre Dilemma.

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 ...

Aug. 28, 2019

By Riello UPS Spa

Lithium Ion Batteries for Electric Vehicles Will Surpass $26 Billion in Annual Revenue by 2023

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 ...

Apr. 2, 2014

By Navigant Consulting, Inc. (NCI)

Opus One Solutions Seeks to Help Utilities Modernize the Grid

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 ...

May 1, 2019

By Smart Grid Observer

Enel X Launches New Electric Mobility Business in North America

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’ ...

Jul. 15, 2019

By Smart Grid Observer

Advanced Microgrid Solutions Selected for Groundbreaking Clean Energy Project in Southern California

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 ...

Sep. 20, 2016

By Smart Grid Observer

Ormat Enters the Growing Energy Storage and Demand Response Markets by Acquiring the Business of Viridity Energy

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 ...

Jan. 3, 2017

By Ormat Technologies, Inc.

Learn How Geli Can Improve the ROI of Solar PV

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 ...

Jul. 4, 2016

By Growing Energy Labs, Inc.

NREL Analysis Identifies Where Commercial Customers Might Benefit from Battery Energy Storage

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 ...

Aug. 25, 2017

By Smart Grid Observer

Installed Distributed Energy Resources Capacity Is Expected to Reach 530.7 GW in 2024

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, ...

Dec. 8, 2015

By Navigant Consulting, Inc. (NCI)

Black & Veatch: Renewable Energy, Technology Spur Utility Modernization Push

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 ...

Jan. 30, 2019

By Smart Grid Observer

NREL Tool Finds Effective Behind-the-Meter Energy Storage Configurations

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 ...

Mar. 9, 2015

By National Renewable Energy Laboratory (NREL)

Energy Storage Tracker 4Q12

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 ...

Dec. 18, 2012

By ReportLinker

Funding for clean energy projects announced

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 ...

Jan. 11, 2010

By GLOBE SERIES

The US, Japan, and China Lead the $113.5 Billion Grid Storage Market in 2017

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 ...

Apr. 11, 2012

By Lux Research

Renewables 2014 Global Status Report Highlights Another Year of Impressive Renewable Energy Growth

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 ...

Jun. 3, 2014

By Worldwatch Institute

Enel Acquires eMotorWerks To Provide Grid Balancing Solutions And Tap Into U.S. E-Mobility Market

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, ...

Oct. 26, 2017

By Smart Grid Observer

Global Thermal Energy Storage Market Expected to Reach USD 8558.34 Million by 2026

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 ...

Feb. 1, 2021

By Smart Grid Observer

World first: Siemens Gamesa Begins Operation of Innovative Eelectrothermal Energy Storage System

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 ...

Jun. 13, 2019

By Smart Grid Observer