Energy Storage

A global power management company known for its technology advancements is collaborating with a software-enabled installation platform for electrification in a joint effort designed to support the U.S. residential market. Eaton on Nov. 14 announced it will work with Chicago, Illinois-based Treehouse to enable residential electrification projects, including electric vehicle (EV) charging. The groups on […]

You don’t need me to tell you how artificial intelligence (AI) is impacting the power grid; you can just ask AI. Claude, an AI assistant created by Anthropic, told POWER, “AI training and inference are driving unprecedented demand for data center capacity, particularly due to large language models and other compute-intensive AI workloads.” It also […]

A California-based technology group has joined a global independent investment firm in an equity partnership that supports lease and power purchase agreements in the residential renewable energy sector. GoodLeap, headquartered in Roseville, California, and New York-based Tactical Infrastructure Partners (TIP) on Oct. 24 said they are acquiring more than $1.5 billion of residential solar and […]

The European Commission, the executive arm of the European Union (EU), has said countries across the continent should be encouraged to deploy energy storage. The group has said storage will support the integration of renewable energy resources to the grid, and increase power system flexibility. The use of energy storage also is key to Europe’s […]

Japan’s Sumitomo Corp and Perennial Power Holdings Inc., a subsidiary of Sumitomo Corp. of Americas, have set up a joint venture with Virginia-based CEP Solar LLC to deliver renewable energy projects across Virginia. The companies said the JV will provide support for the state’s energy supply, in part to help with power demand from Virginia’s […]

President Biden signed the Inflation Reduction Act (IRA) into law in 2022. The IRA is the largest public investments in renewable energy in American history and created more than 20 different tax incentives for renewable energy and related manufacturing. Certain Republic politicians have directed vitriol at the IRA. However, even if Republicans win the White […]

California-based Clearway Energy Group said it has closed financing and started construction of standalone solar and energy storage projects in Hopkins County, Texas. The company on October 2 said the 300-MW Pine Forest solar and 200-MW Pine Forest storage installations represent a $665 million investment. Dell Technologies has agreed to buy much of the electricity […]

Installations of grid-scale energy storage across the U.S. continue to surge, with three states—California, Arizona, and Texas—responsible for 85% of that growth in the second quarter of this year. Data from the American Clean Power Association (ACP) and Wood Mackenzie, released October 1 in the group’s latest Energy Storage Monitor report, showed 3,011 MW and […]

Italian firm Magaldi Group, a specialist in ultra-high-temperature material handling, is poised to deploy its first large-scale application of a novel thermal energy storage system that uses a fluidized bed of

U.S. energy needs have changed dramatically over the last few decades, and questions are growing as to whether our grid can manage these new demands. Aside from rising temperatures—the National Oceanic and Atmospheric Administration declared 2023 the hottest year on record—the energy sector is managing a trio of additional challenges: City populations are growing, creating […]