Energy Storage

Israel’s governmental energy agency said the country plans to build four major battery energy storage system (BESS) projects in the northern Gilboa mountain region. The Ministry of Energy and Infrastructure on May 2 said the projects are the first step in a “program of great importance for the energy sector.” The program is designed to […]

Energy storage continues on an upward growth trajectory, with new projects seemingly being announced every day. POWER looked at advancements in battery energy storage technology, and trends in the sector, in the March 2023 issue. A number of experts within the energy storage industry provided their views on the issues impacting storage. Among those experts […]

Our global marketplace is certainly a competitive one but there is no reason why renewable energy technologies, whether they emanate from energy metals including lithium, uranium, zinc, cobalt, etc., or from the sun and wind or hydropower, should be competing for market dominance. Why shouldn’t renewable energy technologies compete for market dominance in the manner […]

The wealth of data available for today’s power generators is supporting more efficient electricity production, and more reliability and resiliency for the grid. There are many reasons utilities and power

The future of transportation and energy storage will be powered by a range of carbon-neutral technologies, and batteries will play a major role. As part of the effort to reduce manmade carbon emissions and mitigate climate change, governments worldwide have passed measures in recent years to spur the transition to electric vehicles (EVs) as well […]

COMMENTARY In the 1950s, a geologist named Marion King Hubbert caused quite a stir when he predicted that the U.S. would reach peak oil production in less than 20 years. Fossil fuels are a finite resource, after all, and Hubert reasoned that oil production in the U.S. would begin to decline around 1970. While parts […]

A seismic shift is ongoing in the energy space, as transportation, industry, and other sectors turn toward electricity and away from fossil fuels to supply their power. The push for decarbonization of the

Pittsburgh, PA (March 29, 2023) – Intelligent power management company Eaton and Sunverge, the provider of an industry-leading distributed energy resource (DER) control, orchestration and aggregation platform, announced expanded collaboration to enable dynamic utility management of home electric vehicle (EV) charging infrastructure. Bringing together Eaton’s innovative EV charging solutions with Sunverge’s advanced, intelligent, and holistic home […]

FRAMINGHAM, Mass. & BRISBANE, Australia – March 28, 2023 – Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, and Redflow Limited (ASX: RFX), a global leader in clean energy storage, today announced a strategic relationship through which Redflow will supply Ameresco, on a non-exclusive basis, with its advanced […]

WAKEFIELD, Mass. (March 28, 2023) — Agilitas Energy, an integrated developer, builder, owner and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern U.S., has agreed to acquire a portfolio of six standalone energy storage system (ESS) projects in the Greater Houston, TX area from Gulf States Renewable Energy, subsidiary of GSR […]

Growth in the energy storage market, including the transportation sector, has spurred a ramp-up in global battery manufacturing and investment in new technologies. Passage of the Inflation Reduction Act (IRA) in the U.S. has brought a flurry of announcements from foreign companies eager to build manufacturing plants in America. FREYR, a Norway-based company, late last […]

The facility is also first-of-its-kind financed with the Investment Tax Credit to provide critically needed dispatchable resource to meet urgent and growing demand for flexibility in Texas power market 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 […]

Micro-mobility is booming in popularity in New York City. Problem is, something else is booming and that’s the lithium-ion batteries powering these devices. Last year, in NYC alone, there were 216 fires involving batteries, with 147 injuries and six deaths — up from 104 fires in 2021, accounting for 79 injuries and four deaths. COMMENTARY […]

STOCKHOLM, Sweden (March 23, 2023) — Mine Storage has entered into an agreement with British mining company Anglesey Mining Plc together with its 49.75% owned subsidiary Grängesberg Iron AB to investigate conceptual plans and designs for a pumped hydro-energy storage project at the Grängesberg Mine. Grid supporting energy storage is imperative for the continuous electrification […]

The global market for energy storage is experiencing rapid growth, in part because the technology is being included in decarbonization and sustainability programs. It also is being used to support the grid integration of more renewable energy resources, and has been touted as an important piece of electricity transmission and distribution system upgrades. Enertis Applus+, […]

Microgrids are localized power grids that can be disconnected from the traditional grid to operate autonomously. Because they are able to operate while the main grid is down, microgrids can strengthen resilience and help prevent grid disturbances. They also function as a reliable resource for faster system response and recovery. Microgrids enable the integration of […]

LONDON / HOUSTON / SINGAPORE / WASHINGTON, March 15, 2023 – Across all segments of the industry, the U.S. energy storage market installed 4.8 gigawatts (GW) of capacity in 2022, nearly equal to the combined 2020 and 2021 installed capacity of 5 GW, becoming a record year for battery storage. “Energy storage had its best […]

Several executives in the energy industry have spoken with POWER in recent months about how utility-scale solar power projects benefit from the addition of energy storage. Many have noted how installing storage systems alongside solar arrays supports the integration of renewable energy to the power grid, and also enhances the economic potential of any such […]

A Utah-based energy developer has filed a final license application for construction of a major pumped-hydro storage project in Nevada. rPlus Hydro on March 8 said it made the filing with the Federal Energy Regulatory Commission (FERC) for the company’s 1,000-MW White Pine Pumped Storage installation in White Pine County. White Pine, the first pumped-hydro […]

Heads of Agreement signed with the Ministry of Energy and Samruk-Kazyna, the country’s sovereign wealth fund in the presence of HRH Prince Abdulaziz New partnership indicates ACWA Power’s market entry into Kazakhstan Riyadh, Saudi Arabia – 02 March 2023: ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants […]

Asset owners want to get the most out of their solar photovoltaic (PV) systems, which is why many today are adding energy storage to an installation or upgrading a project through repowering. Companies working in the space recognize that both new and older solar power systems can be optimized, thanks to innovative technologies and new […]

AUSTIN, Texas (March 1, 2023) — Aypa Power (“Aypa”), a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects, recently closed on the purchase of two standalone battery energy storage (BESS) projects in Indiana from Blue Steel Power, LLC, a joint venture between Open Road Renewables, LLC (“Open […]

Advancements in energy storage, including new battery types and longer-duration batteries, are driving innovation in the sector. Retired power generation plants are being repurposed as storage sites, and the

By 2030, it’s expected that half of U.S. car sales will be electric, and while this is a positive step forward in transportation decarbonization, this change also comes with challenges and concerns

The global market for energy storage is driven by several factors, with power producers continually looking for ways to improve their storage systems and enhance performance. Battery technologies for energy storage are becoming more important as project developers look for ways to control costs and optimize battery energy storage systems (BESS). Advancing technology supports lowering […]

Beam Global is a company dedicated to providing clean energy for the transportation sector. The San Diego, California-based group has said its “mission is to lead the world to clean mobility. We believe that every person deserves access to clean sustainable transportation. That every community is safer with a resilient microgrid. That every state can […]

The market for energy storage projects continues to grow as utilities recognize the benefits of storage for demand response, along with the integration of renewable energy resources to the power grid. Incentives in the Inflation Reduction Act (IRA) for standalone storage provide even more support for the sector. Storage companies are growing, and more deals […]

A diverse mix of companies and experts in the solar power and energy storage sectors are in Long Beach, California, this week for the annual Intersolar North America (ISNA) and Energy Storage North America (ESNA) conference. The event, which is supported and attended by POWER, provides a look at the latest innovations in solar and […]

HOUSTON, Feb. 15, 2023  — Aggreko, a leading provider of mobile modular power, temperature control and energy solutions, announced today their line of 30 kVA and 60 kVA battery storage modules for 2023. The fully integrated energy storage solutions source Aggreko’s deep knowledge and history of temporary power to provide customers with a clean energy […]

Transformative initiative creates clean energy hub for western United States, extends digital foundation for green hydrogen production, storage and power generation PITTSBURGH (Feb. 14, 2023) – Emerson (NYSE: EMR), a global software and engineering leader, has been selected to automate operations at Intermountain Power Agency’s IPP Renewed power plant, a regional energy hub that uses […]