energy storage software News
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Energy Storage Enabling Technologies Revenue Is Expected to Total Nearly $75 Billion from 2015 to 2024
A recent report from Navigant Research analyzes the global market for energy storage enabling technologies (ESETs) across four distinct market segments: utility-scale storage, community storage, residential storage, and commercial storage, including global market forecasts through 2024. Broadly speaking, the three main components of the ESET value chain are hardware, software, and services, ...
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Revenue from Energy Storage Technologies is Expected to Exceed $21 Billion Annually by 2024
A new report from Navigant Research analyzes the global market for energy storage enabling technologies (ESETs) across four distinct market segments: utility-scale storage, community storage, residential storage, and commercial storage, including global market forecasts through 2024. The supporting technologies associated with energy storage systems include power conversion (primarily focused on ...
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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 ...
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Extensible Energy Launches "Virtual Battery" Software
Extensible Energy has released DemandEx, an inexpensive “virtual battery” for reducing demand charges and increasing ROI for commercial solar projects. The award-winning SaaS solution is easily integrated into new or existing commercial solar systems and can be used to decrease the cost and size of energy storage. DemandEx uses proprietary AI algorithms to analyze real-time solar ...
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Greensmith Energy Software Selected by Oncor to Enhance Existing Microgrid
Greensmith Energy recently announced that Oncor Electric Delivery has selected Greensmith as the software provider for its microgrid facility in Dallas, Texas. Oncor's advanced microgrid consists of: a carport PV array, ground mount PV array, microturbine, diesel generators, gas reciprocating generator and battery storage unit. The software upgrade and installation is considered a milestone for ...
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Revenue from Distributed Energy Storage Systems is Expected to Exceed $16.5 Billion by 2024
A new report from Navigant Research analyzes the global market for distributed energy storage systems (DESSs), including global market forecasts for power capacity, energy capacity, and revenue through 2024. One of the fastest-growing markets for energy storage globally, distributed energy storage is the focus of rapid innovation and intense competition. In particular, residential and commercial ...
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NEC Energy Solutions Commissions Europe`s Largest Energy Storage System for EnspireME
NEC Energy Solutions (NEC) announced recently (6/21) that they have completed and commissioned the largest energy storage system in Europe for Germany-based EnspireME, a joint venture between Eneco, a Netherlands-based renewable energy company and Mitsubishi Corporation. The 48 MW energy storage system located in Jardelund, Germany has over 50 MWh of storage capacity and will generate revenue ...
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Smart Grid, Battery Storage and Efficiency Companies Bring in $102 Million in Venture Capital Funding in Q3 2016
October 28, 2016 -- Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the Smart Grid, Battery Storage and Energy Efficiency sectors for the third quarter of 2016. To get a copy of the report, visit: http://bit.ly/MercomSGQ32016 Smart Grid, Battery Storage and Efficiency ...
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Honeywell and NRStor C&I Launch Largest Behind-the-Meter Battery Energy Storage Program in the World
Honeywell recently (9/20) announced an agreement with NRStor C&I L.P. to launch the Experion® Energy Program, which will create the largest behind–the-meter (BTM) energy storage deployment to date in North America. The agreement will offer energy storage as a service to commercial and industrial customers. Under the agreement, Honeywell and NRStor will develop and operate 300 ...
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Energy Toolbase Integrates its Controls Software with BYD
Energy Toolbase has integrated its energy storage controls software with BYD (Build Your Dreams), a leader in battery and energy storage technology. As part of the integration, Energy Toolbase will add BYD to its sales and modeling platform, enabling renewable energy developers to seamlessly analyze and propose the economics of BYD energy storage projects, either standalone or paired with solar ...
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Fluence and Northvolt Collaborate to Co-Develop Smart, Sustainable Battery Technology for Grid-Scale Energy Storage
Fluence, a leading global energy storage technology, software and services provider, and Northvolt, a leading European battery developer and manufacturer, this week announced an agreement to co-develop next-generation battery technology for grid-scale storage applications. As part of the agreement, Fluence also plans to purchase battery systems from Northvolt. The companies will draw on ...
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Hydro-Québec Launches EVLO, a Subsidiary Specializing in Energy Storage Systems
Hydro-Québec has launched EVLO Energy Storage Inc. (EVLO), a subsidiary that designs, sells, and operates safe, efficient and sustainable energy storage systems. These storage systems are intended mainly for power producers, transmission providers and distributors, as well as the commercial and industrial markets for medium- and large-scale storage. Their modular design means that they ...
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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 ...
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Fluence Acquires Digital Intelligence Platform of AMS
Fluence, a Siemens and AES company, today announced it has acquired the digital intelligence platform of AMS, a leading provider of AI-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies' technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver ...
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Advanced Microgrid Solutions Signs 500 MWh Energy Storage Deal with Tesla
Advanced Microgrid Solutions (AMS) has announced that the company has selected Tesla as the primary technology provider for its groundbreaking utility-scale energy storage projects. Under the agreement, AMS will install up to 500-megawatt hours (MWh) of Tesla batteries in its energy storage projects. AMS has also signed a master agreement with global firm Black & Veatch for engineering and ...
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sonnen Collaborates with Stanford on Intelligent Energy Storage Hardware and Load Management Software
sonnen recently announced a research collaboration with Stanford University's Sustainable Systems Lab (S3L) within the Department of Civil and Environmental Engineering to deploy sonnen's intelligent energy storage hardware and load management software in 15 Fremont-area solar-powered homes and in a commercial agricultural facility in El Nido, California. The deployment and continued operation of ...
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Installed Energy Storage Enabling Technology Revenue Is Expected to Reach $21.5 Billion Annually by 2024
A recent 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. With battery prices continuing to decrease, increased ...
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10 Companies Chosen as 2014 New Energy Pioneers
Bloomberg New Energy Finance, the provider of unique analysis, tools and data for decision makers driving change in the energy system, today announced its selection of the 2014 New Energy Pioneers. The winners were recognized on stage at the seventh annual Bloomberg New Energy Finance Summit in New York City. This year’s winners (listed in full below) represent a broad range of industries ...
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NEC Completes Energy Storage System for Consumers Energy
NEC Energy Solutions announced recently (1/31) the completion of an energy storage system for Consumers Energy. The NEC energy storage solution, located in Grand Rapids, Michigan, includes two independent 280kW/340kWh DSS®energy storage systems and NEC's proprietary AEROS controls software. The energy storage system will enable Consumers Energy to investigate how energy storage can be used to ...
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Nuvation Energy Obtains UL 1973 Recognition for Low-Voltage Battery Management System
UL has granted UL 1973 Recognition to Nuvation Energy’s configurable 11-60 VDC battery management system, just a few short months after granting the same approval for their high-voltage BMS for megawatt-scale energy storage applications. Energy storage system developers can now use a single configurable BMS platform to pursue UL 1973 and UL 9540 Certification for a wide range of batteries ...
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