energy storage market News

Newly emerging energy storage markets in the US

Plan to attend The Energy Storage Update USA 2016 Conference, June 15-16 On June 15-16 2016, hundreds of industry leaders in the energy storage industry will gather in San Diego for the Energy Storage Update USA Conference & Exhibition 2016. Energy Storage Update USA 2016 will bring together key utilities, technology providers, Government energy officials and many more to help drive down ...

Apr. 8, 2016

By New Energy Update

Thermal Energy Storage Market Will Reach USD 8558.34 Million by 2026

According to the report, 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 stored energy can be used for ...

Feb. 11, 2021

By FNF Research

Eos Energy Storage Strengthens Leadership to Prepare for Future Growth with Two Executive Appointments

Eos Energy Storage, the leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, is proud to announce the appointment of two new executives who will join the management team to help drive the future of Eos. Dr. Balakrishnan G. Iyer (Balki) has been named Chief Commercial Officer and Mr. Nathan McCormick joins the company as Senior Vice President of Operations. ...

Jun. 4, 2020

By Eos Energy Storage

Hybrid Solar Wind Energy Storage Market to grow 9%+ CAGR from 2017-2024

The Hybrid Solar Wind Energy Storage Market is set to grow from its current market value of more than $1 billion to over $1.5 billion by 2024; as reported in the latest study by Global Market Insights, Inc. Government mandates toward the deployment of clean energy systems primarily across commercial establishments will drive the hybrid solar wind energy storage market growth. Escalating service ...

Apr. 4, 2018

By Global Market Insights, Inc.

Frost & Sullivan to Provide Industry Leaders with Key Insights into the Energy Storage Market

MOUNTAIN VIEW, Calif. Frost & Sullivan'sEnergy & Power Systems Senior Industry Analyst, Anu Cherian, will speak at the Advanced Energy Storage 2010 Conference & Exposition on Monday, October 11, 2010. This discussion aims to explore the growth opportunities, trends and new application potential within the energy storage market. The focus is on energy storage technologies to be clean, ...

Aug. 24, 2010

By Frost & Sullivan

Generac Acquires Pika Energy, Enters Energy Storage Market

Generac Holdings Inc., a global leader in the design and manufacture of a wide range of residential, commercial and industrial power products, recently (4/29) announced the company has acquired Pika Energy, Inc., a manufacturer of innovative battery storage technologies that capture and store solar or grid power for homeowners and businesses.“Pika’s integrated battery storage solutions are a ...

Apr. 30, 2019

By Smart Grid Observer

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. 15, 2011

By GLOBE SERIES

Energy storage technologies to reach $122 billion by 2021

On a fundamental level, electric grids require balance in order to function properly. Energy storage technologies are emerging as a means of providing grid operators with an alternative to traditional grid management. Key applications for long-duration energy storage include counterbalancing the intermittency of renewable energy sources like wind and solar power, leveling the loads and ...

Jul. 18, 2011

By GLOBE SERIES

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, ...

Dec. 1, 2011

By Environmental Business International (EBI)

SEPA's Energy Storage Snapshot Highlights Opportunities in Nascent Storage Market

The Smart Electric Power Alliance (SEPA) has announced the release of the 2018 Utility Energy Storage Market Snapshot, the second annual overview of the energy storage market.Now in its second year, the Energy Storage Market Snapshot relies on data and survey responses submitted directly by U.S. utilities. The 137 utilities that submitted data for SEPA's survey represent more than 82 million ...

Aug. 30, 2018

By Smart Grid Observer

California Legislature and Governor Enact Four Bills that Accelerate Energy Storage Markets

September 28, 2016 -- The California State Legislature and Governor recently signed into law four important new bills that directly impact energy storage. Collectively, these bills are intended to grow the behind-the-meter and utility-scale energy storage markets, create new clean energy jobs, reduce distributed energy resource interconnection challenges, and ensure that bulk energy storage is ...

Sep. 28, 2016

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

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 opportunities for ESS original equipment manufacturers (OEMs), project developers, and ESS aggregators. In ...

May 23, 2017

By Smart Grid Observer

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)

US Energy Storage Market Ggrows 232% Year-Over-Year in Q1 2019

The United States non-residential storage market had its strongest quarter ever in Q1 2019, according to the new U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). Q1 2019 was also the second strongest quarter on record for the U.S. residential storage segment. Overall, Q1 2019 was the largest ever single quarter for U.S. energy ...

Jun. 7, 2019

By Smart Grid Observer

Highview Power’s CEO Dr. Javier Cavada Elected to U.S. Energy Storage Association Board of Directors

Highview Power, a global leader in long-duration energy storage solutions, is pleased to announce today that its CEO, Dr. Javier Cavada, has been elected to the Board of Directors of the U.S. Energy Storage Association (ESA), the national trade association for the U.S. energy storage industry. “We are excited to welcome Javier to join other leaders from across the storage value chain to ...

Apr. 13, 2020

By Highview Power Storage

Is the energy storage market the future of CSP? Webinar on Wednesday April 16,2014 (6:30pm - 7:30pm BST)

The webinar titled ‘Is the energy storage market the future of CSP?’ will feature a case study analysis of two CSP plants with storage in the U.S. and a market overview of the drivers for CSP development. CSP developer Abengoa will be sharing analysis on their Arizona based ‘Solana’ parabolic trough plant which has 6 hours of molten salt storage technology. The plant was ...

Apr. 9, 2014

By New Energy Update

DNV GL Launches First Battery Performance Scorecard to Provide Independent Data to Battery System Buyers

DNV GL recently released its first annual Battery Performance Scorecard, to help equip energy storage product buyers with objective data to guide their purchase strategies. The Battery Performance Scorecard provides independent ranking and evaluation of battery vendors based on testing performed in DNV GL's laboratories. The release comes as increased electrification is beginning to disrupt ...

Nov. 20, 2018

By Smart Grid Observer

Hanwha SolarOne Makes Aggressive Push into Energy Storage Market Through Partnership with Silent Power

Hanwha SolarOne Co. Ltd., (Hanwha SolarOne), a top-10 global photovoltaic manufacturer of low-cost, high-quality solar photovoltaic modules, today announced a strategic partnership with Silent Power, the innovative energy storage systems company. The Hanwha Group, Korea’s top-10 business group, led Silent Power’s Series B funding round with an $8 million ...

Jul. 9, 2012

By Hanwha SolarOne Co., Ltd.

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. What’s ...

Nov. 30, 2011

By Marcus Evans