modular energy storage News
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Wärtsilä and Eolian Complete the Largest Merchant Battery System in the World at 200 MW
The technology group Wärtsilä has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian L.P. (Eolian), a portfolio company of Global Infrastructure Partners. The Madero and Ignacio energy storage plants will be operated using Eolian software, enabling full participation in the Electric Reliability Council of ...
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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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Wärtsilä to Supply U.S. City with GridSolv Quantum Energy Storage System
The technology group Wärtsilä will supply its next generation energy storage system to AEP OnSite Partners to serve the City of Martinsville, Virginia, USA. Together with a 10-year Wärtsilä Guaranteed asset performance agreement, the system is estimated to provide substantial savings to the city. AEP OnSite Partners, a U.S. based provider of customer centric distributed ...
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U.S. Department Of Energy Announces $43 Million for Clean Energy Transition in Communities
The U.S. Department of Energy this week announced $43 million for 23 projects to help communities plan their transition to a clean energy future and improve grid reliability and security. Twenty research projects will focus on increasing communities' resilience to disruptions from extreme weather and other disasters, and three will focus on building tools to help communities better evaluate and ...
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Duke Energy Files Resource Plan to Serve the Future Energy Needs of a Prosperous South Carolina
As strong economic development successes and population growth power South Carolina's energy needs, Duke Energy's goal is to ensure energy reliability for its customers. To that end, Duke Energy Carolinas and Duke Energy Progress this week (Aug 15) filed their Integrated Resource Plan (IRP) with the Public Service Commission of South Carolina (PSCSC). "Over the next 15 years, electric use by Duke ...
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Wärtsilä to Supply and Maintain Two Major Interconnected Energy Storage Systems for Texas Grid Services
The technology group Wärtsilä will supply its advanced energy storage technology for two major projects in southern Texas, USA. The interconnected stand-alone systems will have a combined rated capacity of 200 MW. Wärtsilä has also signed ten-year guaranteed asset performance agreements for the installations. The order was placed by Able Grid Energy Solutions, a utility-scale ...
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ACWA Power adds 250 MW of PV to Dubai CSP project; Stirling CSP developer lists on Nasdaq small caps
Saudi Arabia's ACWA Power and the Dubai Electricity and Water Authority (DEWA) have agreed to add 250 MW of PV capacity to the 700 MW DEWA CSP project, ACWA Power announced November 11. The power purchase agreement (PPA) for the DEWA CSP project has been amended to include 250 MW of PV capacity and the total cost of the project has increased from 14.2 billion AED ($3.9 billion) to 16 billion AED ...
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Huawei Predicts 10 Trends in Smart PV for 2025
Over the next 5 to 10 years, renewable energy will assume a more prominent role as a main power source for power grids. Solar power, in particular, as the most noteworthy form of renewable energy, has a particularly bright future. However, as renewable represents a greater proportion of total energy production, ensuring safety, reliability, and cost-effectiveness across power generation assets ...
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