Electrification
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Press Releases
Form Energy, Georgia Power Continue Forward With 15-MW Iron-Air Battery System Agreement
Boston, MA – June 12, 2023 – Form Energy Inc. announced today that it is continuing under a definitive agreement with Georgia Power, the largest electric subsidiary of Southern Company (NYSE: SO), to deploy a 15 megawatt /1500 megawatt-hour iron-air battery system in Georgia, as part of the utility’s plan to integrate additional cost-effective clean […]
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Press Releases
On.Energy Secures $20 Million of Infra-Growth Equity Led by Ultra Capital to Expand North American Battery Energy Storage System Deployment
MIAMI – June 13, 2023 – On.Energy, a proven end-to-end integrator of battery energy storage and an Independent Power Producer (IPP), today announced it raised $20 million in equity financing in a Series B round led by Philadelphia-based investment firm Ultra Capital. New York-based private equity firm Phalanx Investment Partners also participated in the round […]
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Press Releases
Highland Electric Fleets and PowerOptions Partner to Provide Charging-as-a-Service to Schools, Municipalities, and Nonprofits in New England
BEVERLY, Mass. (June 13, 2023) — PowerOptions, the largest energy consortium in New England, has selected Highland Electric Fleets, the leading provider of school bus fleet electrification-as-a-service in North America, to serve PowerOptions’ 495 member organizations as a charging-as-a-service provider. Under the program agreement, Highland will provide PowerOptions members with a new procurement alternative to make accessing […]
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Press Releases
Redflow to supply transformative 20-MWh flow battery system for project in California
BRISBANE, Australia, June 01, 2023 — Redflow Limited, a global leader in clean energy storage, announced today that its safe, scalable, and sustainable flow batteries have been funded and approved by the California Energy Commission (CEC) for a large-scale solar and storage project, which will provide power for the Paskenta Band of Nomlaki Indians. The […]
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Press Releases
Toyota Announces EV Production, New Battery Plant for U.S.
PLANO, Texas (May 31, 2023) – Advancing its commitment to vehicle electrification and building where it sells, Toyota will assemble an all-new, three-row, battery electric SUV at Toyota Kentucky starting in 2025. The company’s first U.S.-assembled BEV will be powered by batteries from Toyota North Carolina. The new battery plant, which is currently under construction, […]
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Interview
The POWER Interview: Using AI to Optimize the Power Grid
There is a continued push in the power generation sector to make the industry more efficient through the use of artificial intelligence (AI), machine learning, and data science. Several companies are working to provide products and services for utilities and other power producers, focused on generation, transmission and distribution, and the way utilities interact with […]
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Commentary
Don’t Neglect Round-Trip Efficiency and Cost of Charging When Considering Levelized Cost of Storage
The world is moving toward renewable sources for electricity generation in an attempt to reduce fossil-fuel reliance. But wind and solar can’t provide a consistent flow of power 24/7, and grid operators have realized that new electricity generation needs to be paired with storage to manage periods with no sun or wind. The decreasing cost […]
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Electrification
Major Battery Plant to Support EVs Announced for Georgia
The market for U.S. manufacturing of batteries for the electric vehicle (EV) sector continues to grow. The latest announcement comes from South Korea-based LG Energy Solution (LGES), which together with Hyundai Motor Group has formed a joint venture (JV) for a battery cell factory in Georgia. The announcement on May 26, during a signing ceremony […]
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Electrification
U.S. Power Sector Trade Groups Flag Critical Electrical Steel Crunch
Nine trade groups—including four representing the power sector—have urged the Biden administration to prioritize actions that support the domestic production of electrical steel, warning that shortages are contributing to “significant and persistent” supply chain challenges. The groups, which include the Edison Electric Institute (EEI), the American Public Power Association (APPA), the National Rural Electric Cooperative […]
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Press Releases
Honeywell Unveils Honeywell Forge for Buildings, Expands Sustainability-Focused Applications
ATLANTA – May 24, 2023 – Honeywell recently announced the launch of Honeywell Forge for Buildings, a comprehensive approach to building systems operations and management that can be used at a single site or with an entire portfolio. Unveiled at Honeywell Connect 2023, Honeywell Forge for Buildings features software, hardware and services that deliver on […]
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