energy storage unit News
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CIT Leads $140 Million Financing for Utility-Scale Energy Storage Portfolio
CIT Group Inc. recently (2/24) announced that its Power and Energy business served as lead arranger for a $140 million financing for esVolta, a leading developer of utility-scale energy storage systems for renewable energy projects. The portfolio consists of more than 136 megawatts of energy storage units supporting eight energy projects in California. esVolta has long-term revenue contracts for ...
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Centrica to Build Pioneering Local Energy Market in Cornwall
Centrica plc has announced a trial to develop a local energy market in Cornwall, which will see the development of a virtual marketplace and the installation of new technology into over 150 homes and businesses. Working with partners, the £19m program will test the use of flexible demand, generation and storage, and reward local people and businesses for being more flexible with their ...
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Greco Unveiled Solar LED Integrated Lights for Outdoor Lighting
Solar LED integrated lights, are currently the most innovative solar lighting systems for outdoor use. It is considered as the next generation of lighting system for roads, streets and other open air places. Originally developed by Greco Solar China, with the company cutting edge solar power technologies, these integrated solar LED lights have a revolutionary 'all-in-one' design structure, unlike ...
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Regalgrid Europe Launches Its Smart Energy Sharing Solution
Regalgrid® an Italian startup that provides localized shared energy solutions recently debuted their first installation at H-FARM. The technology has huge potential in disrupting the future of energy consumption by giving more control to its consumers and helping them become more energy autonomous. Regalgrid's technology uses a patented software where multiple users can share their energy ...
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Highview Power Contracts with Tenaska Power Services for US Cryogenic Energy Storage Projects
Highview Power, a global leader in long-duration energy storage solutions, has contracted Tenaska Power Services Co., the leading provider of energy management services to generation and demand-side customers in the U.S., to identify, model, optimize and provide energy management services for up to four giga-scale cryogenic energy storage plants in the United States over two years. The initial ...
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VoltStorage automates electrolyte filling process
As part of the increasing series production of eco-friendly Redox Flow energy storage systems, VoltStorage is focusing on the ongoing optimization of the entire production process. With the self-developed control system for filling the vanadium electrolyte liquid ready for shipment, VoltStorage is now able to semi-automate a very time consuming and resource intensive production step. ...
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Arizona Public Service Selects Sunverge for Innovative Residential Energy Storage Program
Sunverge Energy has signed deals with three major electric utilities serving millions of customers in Arizona, Florida and Vermont, expanding the utility customer base for its advanced, intelligent storage systems and Virtual Power Plant (VPP) platform. The utilities, which serve areas with significant diversity of climate, solar availability and demand patterns, all have recently purchased ...
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Lockheed Martin Selected to Provide GridStar Energy Storage for New ComEd Microgrid Project in Chicago
Lockheed Martin (NYSE: LMT) signed an agreement to supply a GridStar Lithium energy storage system to ComEd, Illinois' largest electric utility. The 2 MWh system will be integrated into ComEd's Bronzeville community microgrid project in Chicago. A microgrid is a small power grid with defined boundaries that can operate both when connected to the larger electrical grid and as an "island" when ...
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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 ...
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EDP Creates Units to Exploit Green Hydrogen and Energy Storage
The EDP Group has strengthened its commitment to decarbonization by launching two units that will exploit the potential of green hydrogen and energy storage systems. The H2 Business Unit (H2BU) will be the Group's new arm for the development of green hydrogen projects, while the dedicated storage unit, built in EDPR NA, will aim to achieve a storage capacity of 1 GW within five years. With the ...
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Oriden Helps Blue Ridge Energy Reduce Carbon Emissions and Stabilize Rates with Utility-Scale Solar Project
Blue Ridge Energy, a member-owned electric cooperative serving northwest North Carolina, has selected Oriden LLC to develop a utility-scale solar project as part of its Brighter Future initiative. This project will provide a local generation source and allow Blue Ridge Energy to work towards their low cost, low carbon future with two significant carbon reduction targets: to achieve 50 percent ...
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Wärtsilä to deliver one of Scotland’s largest energy storage systems to Zenobe with Quantum High Energy
Technology group Wärtsilä will supply a 300-megawatt (MW) / 600-megawatt hour (MWh) energy storage system under an Engineered Equipment Delivery (EEQ) contract to Zenobe, an electric vehicle fleet and battery storage specialist, in Kilmarnock, Scotland. This is the second energy storage system Wärtsilä is delivering to Zenobe, and it will be one of the largest in Scotland to ...
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Salt River Project and CMBlu Energy Announce Launch of Innovative Energy Storage Project
Salt River Project, a community-based, not-for-profit public power utility and the largest electricity provider in the greater Phoenix metropolitan area, and CMBlu Energy, a designer and manufacturer of long-duration Organic SolidFlow energy storage systems, announced a pilot project to deploy long-duration energy storage (LDES) in the Phoenix area. The 5-megawatt (MW), 10-hour-duration project, ...
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CMBlu Energy Continues U.S. Expansion With Long-Duration Energy Storage Pilot Project in Wisconsin
CMBlu Energy, a designer and manufacturer of long-duration Organic SolidFlowT energy storage systems, announced that the company will deliver a U.S.-based demonstration of its innovative battery technology. The pilot project will be based at WEC Energy Group's Valley Power Plant in Milwaukee, Wisconsin. The 1-2 MWh pilot with WEC Energy Group will test Organic SolidFlow energy storage for ...
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Renewable Energy Storage
Your one-stop ticket to learn from and network with senior decision-makers, policy-makers, strategizing planning and execution of future, critical renewable energy storage projects within the United States This is your opportunity to hear vital first-hand approaches to funding billion-dollar projects, while mitigating risk. Learn from the successes and mistakes of others. Addressing fundamental ...
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Highview Power and Encore Renewable Energy to Co-Develop the First Long Duration, Liquid Air Energy Storage System in the United States
Highview Power Storage, Inc., a global leader in long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, today jointly announced plans to develop the United States’ first long duration, liquid air energy storage system. This facility will be a minimum of 50MW, provide in excess of eight hours of storage (400MWh) ...
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DCPSC Issues RFP to Conduct Study on Value of Distributed Energy Resources in the District
The Public Service Commission of the District of Columbia has approved a request for proposals to hire a consultant to produce a methodology and metrics for determining the value of distributed energy resources in the District. The first phase of the analysis will result in a framework and dynamic pricing formula, which would then be implemented during the second phase. The framework will be used ...
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CSP real-time dispatch model hikes revenues by over 15%
New software combining dispatch algorithms with probabilistic forecasting could reduce CSP bid prices by a quarter and spur fresh U.S. CSP deployment, Mike Wagner, Principal Investigator at the National Renewable Energy Laboratory (NREL), told New Energy Update. On October 1, NREL launched a new three-year study into optimized CSP dispatch software that allows real-time operations of CSP ...
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GE Japan provides its high capacity energy storage system, gas engine for cogeneration, and LED lighting equipment energy solutions to realize the “Future Disaster-Proof Factory Plan” for Sekisui House’s Tohoku Factory
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 promotes ...
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Next Phase of Grid Transformation Plan Approved for Dominion Energy Virginia Customers
The Virginia State Corporation Commission (SCC) recently (Jan 7) approved, subject to certain requirements, Phase II of the Grid Transformation Plan (GT Plan), the Company's ten-year plan to transform the electric distribution grid. This approval aligns with the customer-focused, state regulated utility framework in Virginia. That framework has resulted in nationally leading decarbonization ...
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