utility-scale energy storage system News

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 ...

Feb. 25, 2020

By Smart Grid Observer

NEC Energy Solutions Commissions 50 MW of Energy Storage Projects in UK

NEC Energy Solutions (NEC ES), a wholly-owned subsidiary of NEC Corporation, announced recently (1/8) it has completed the commissioning of a total of 50 MW of energy storage projects in the UK with VLC Energy, a joint venture between Low Carbon, a renewable energy investment company, and VPI Immingham, owner of one of the largest combined heat and power plants in Europe and part of the Vitol ...

Jan. 11, 2018

By Smart Grid Observer

10 Countries Are Expected to Account for Approximately 80% of the Annual Market for Utility-Scale Energy Storage

A new report from Navigant Research provides forecasts for utility-scale energy storage systems (ESSs) deployed globally in terms of power capacity (MW), energy capacity (MWh), and revenue generated from the development of new projects in 26 countries worldwide.With the emergence of new markets and applications, 2018 represented the largest year on record for new ESS capacity. Despite this ...

Sep. 3, 2019

By Smart Grid Observer

Vistra Brings World's Largest Utility-Scale Battery Energy Storage System Online

Vistra this week (Jan 6) announced that its Moss Landing Energy Storage Facility connected to the power grid and began operating on Dec. 11, 2020. At 300 megawatts/1,200 megawatt-hours, the lithium-ion battery storage system, located on-site at Vistra's Moss Landing Power Plant in Monterey County, California, will be the largest of its kind in the world. Furthermore, construction is already ...

Jan. 7, 2021

By Smart Grid Observer

ENGIE NA Unveils Largest Energy Storage System in Massachusetts in Cooperation with Holyoke Gas & Electric

ENGIE North America and Holyoke Gas & Electric (HG&E) recently (9/25) unveiled Massachusetts' largest utility-scale energy storage system at a ceremony at the Mt. Tom Solar Farm in Holyoke, Massachusetts. ENGIE Storage Services (formerly Green Charge) will operate the three-megawatt GridSynergy system, which will be fully integrated into the largest community solar farm in the state at a ...

Sep. 26, 2018

By Smart Grid Observer

Everflow JV to manufacture Vanadium Redox Flow Batteries (VRFB) in KSA

Nusaned Investment and SCHMID Group have closed the JV transaction in Saudi Arabia focusing on manufacturing and technology development in the field of Vanadium Redox Flow Batteries (VRFB). Nusaned Investment (an investment company owned by SABIC) and SCHMID Group announced today that they have successfully closed their JV transaction focusing on manufacturing and technology development in the ...

May 6, 2020

By Schmid Group

NERC Report Highlights Major Contribution to Reliability Offered by Battery Storage

NERC's Impacts of Electrochemical Utility-Scale Battery Energy Storage Systems on the Bulk Power System report was released this week. The assessment emphasizes some of the potential reliability benefits that battery energy storage systems can offer, such as providing peaking capacity; minimizing the need for new generation and transmission infrastructure; and providing essential reliability ...

Feb. 11, 2021

By Smart Grid Observer

Community and residential energy storage systems investment to soar

Situated at the edge of the power grid, either at the distribution transformer or at the customer premise, community and residential energy storage (CRES) systems are typically much smaller than utility-scale or bulk energy storage systems. Currently, utilities, vendors, and governments are testing CRES systems for the purposes of smoothing peaks in electricity demand, enabling ...

Feb. 29, 2012

By GLOBE SERIES

Eaton to Showcase Expanded Range of Power Management Solutions for Solar and Energy Storage Systems at Intersolar North America 2015 Booth #8221

Power management company Eaton will showcase an expanded range of electrical balance of system (BOS) solutions for utility, commercial, and OEM solar customers at Intersolar North America 2015, from July 14 through 16, in booth #8221, at the Moscone Center in San Francisco, California. Eaton will also deliver a presentation on deploying utility-scale solar and energy storage systems at the event, ...

Jul. 13, 2015

By Eaton Corporation

Use of Regional Interconnections Crucial for Successful Integration of Renewable Energy into the Grid

Integrating the growing share of renewable energy (RE) into the power grid is becoming a key challenge owing to its stochastic nature. One of the most efficient ways around this situation is to establish well-managed interconnections that allow surplus RE power to be transferred to other countries. Denmark's success dealing with RE through existing transmission interconnections with Germany, ...

Dec. 14, 2015

By Frost & Sullivan

Eaton Addresses World’s Most Critical Energy Challenges at 2014 World Energy Engineering Congress on Oct. 1

Power management company Eaton, in collaboration with the Association of Energy Engineers (AEE), is providing educational presentations and moderated panels focused on addressing the planet’s most critical energy challenges on Oct.1, at the 2014 World Energy Engineering Congress (WEEC) in Washington, D.C. Eaton is the host sponsor of the event, which takes place at the Washington Convention ...

Oct. 1, 2014

By Eaton Corporation

Sonnen plans new services; UK urged to lift barriers to storage

German solar energy storage maker Sonnen GmbH could start considering an IPO as early as 2017 to grow its international presence and develop additional services and business models. In a recent interview with Energy Storage News, Sonnen CEO Christoph Ostermann said that the company is relatively relaxed on the timeline – expecting to begin considering an IPO in the next 1-2 years – ...

Oct. 24, 2016

By Reuters Events

Q CELLS Reveal First Gapless Solar Modules at SPI 2019

Q CELLS, one of the largest solar cell and module manufacturers in the world, will reveal prototypes of its first ever gapless solar modules at the 2019 Solar Power International (SPI) exhibition in Salt Lake City, Utah (US). With its high-performance premium solar modules, the Company is aiming to further strengthen its leadership position in the U.S. residential solar market.* Q CELLS to ...

Sep. 20, 2019

By Novus Media Today Group, LLC

Hydrogenics and Enbridge to Develop Utility Scale Energy Storage

Hydrogenics Corporation, a leading developer and manufacturer of hydrogen generation and fuel cell products, has entered into an agreement with Enbridge Inc. to jointly develop utility scale energy storage in North America. This relationship also includes an equity investment of CA$5.0 million in Hydrogenics. The collaboration will bring together Hydrogenics' expertise in water electrolysis with ...

Apr. 20, 2012

By GLOBE SERIES

Sungrow puts flagship PV inverter solutions on show at Intersolar South America 2019

Sungrow, the global leading inverter solution supplier for renewables, showcased its latest PV inverter solutions tailored for utility-scale and distributed generation installations at Intersolar South America 2019, demonstrating its mission of clean power for all through consistent efforts in providing world class products and post-sales service for the Latin American renewable energy sector. ...

Aug. 28, 2019

By Sungrow Power Supply Co., Ltd.

Iron Edison Selects Nuvation Battery Management Systems for their Solar Energy Storage Solutions

"Nuvation Energy’s battery management system impressed us with how reliably it managed our batteries.” Brandon Williams, CEO, Iron Edison Iron Edison has selected Nuvation Energy’s low-voltage battery management systems for use in their lithium iron phosphate battery system for residential solar energy storage applications. Iron Edison provides a range of energy storage ...

Jun. 11, 2019

By Nuvation Energy

General Compression Secures $54.5 Million in Series B Financing

General Compression, Inc. ("GC"), a Massachusetts company developing utility-scale, responsive, renewable power projects that feature a proprietary compressed air energy storage system, announced today that it has closed on the first tranche of a $54.5 Million Series B Financing. Funds from this investment round will be used to enhance the company's manufacturing capacity and to build a pipeline ...

Jun. 7, 2011

By General Compression

NextEra Energy Resources, Salt River Project Unveil Integrated Solar and Battery Plant

NextEra Energy Resources and Salt River Project today announced the opening of Pinal Central Solar Energy Center (PCSEC), a universal-scale, integrated solar plant equipped with a battery system that will store energy and enable SRP to provide clean energy to customers when usage is at its highest and needed most. The 20MW solar photovoltaic generation facility, which is Arizona's largest ...

May 17, 2018

By Smart Grid Observer

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