Energy Storage

ARLINGTON, Va., Dec. 13, 2022 – Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and cloud-based software for renewables and storage, today announced a strategic plan to develop Fluence-made battery packs, with production set to begin in early 2024 in the United States. The move is intended to […]

NEW YORK — Dec. 7, 2022 — CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as co-coordinating lead arranger on an $85 million construction-to-term debt financing for NineDot Energy LLC (“NineDot Energy”), a leading developer of distributed community energy projects in the New York City metro region. NineDot […]

NORCROSS, GA. (December 5, 2022) – Hyundai Material Handling, Norcross, GA, and OneCharge, Inc., Garden Grove, CA, have entered into a strategic partnership to provide advanced lithium ion (Li-ion) battery technology to Hyundai’s North American dealer network and their customers. Research indicates that by 2030 70% of all electric forklifts will be powered by Li-ion […]

According to Elon Musk, solar and batteries go together like peanut butter and jelly. The sustainability of renewable energy relies on the deployment of energy storage systems for the storage of energy harnessed by renewable sources. The reduction in the cost to manufacture battery energy storage systems (BESSs) has catapulted the use of these types […]

Solar + wind, solar + storage, wind + storage—even fossil fuels combined with renewable energy—are supporting the growth of hybrid power plants that are breaking the norms of traditional power generation

Energy storage systems (ESS) are expanding far beyond the batteries being deployed at power plants, at substations, in microgrids, or at locations along the power grid to support the electricity transmission and distribution network. Systems for commercial and industrial enterprises, and increasingly by homeowners for residential use, are helping lead the expansion of energy storage. […]

Two RHB models are commercially available today for companies aiming to rapidly reduce fuel costs and eliminate scope 1 & 2 emissions ALAMEDA, Calif.–(BUSINESS WIRE)–Rondo Energy, a leading provider of zero-carbon industrial heat, today announced commercial availability of two models of its revolutionary Rondo Heat Battery (RHB), the RHB100 and RHB300. The Rondo Heat Battery (RHB) […]

CALGARY, Alberta, Nov. 15, 2022 – Orennia Inc. (Orennia), a leading technology platform that provides data, analytics and insights to key players in the energy transition sector, announces one of its newest partnerships with cutting-edge energy storage integrator FlexGen. FlexGen and Orennia were first connected from an industry-leading research report that Orennia published highlighting top-performing battery […]

SAINT PAUL, MINNESOTA  – The newly approved long-range energy plan for Minnesota’s second largest public utility company reflects an exciting agreement reached between Minnesota Power, Clean Energy Organizations, labor unions, industrial customers, and the Boswell coal plant host communities to more quickly transition towards a reliable and carbon free electric system that works for everyone.  […]

Companies involved in energy production continually look to maximize their investments, and today are tasked with navigating increasingly volatile energy markets. These companies must choose where and how to compete as the world transitions to a low-carbon future. Where are the best opportunities for investment? How important is seeking out positions that reduce exposure to […]

Battery storage systems from Rolls-Royce make an important contribution to the success of the energy transition VISPIRON uses mtu EnergyPacks in solar parks in Germany Rolls-Royce has already delivered six of a total of eight mtu EnergyPacks to VISPIRON, the southern German provider of sustainable mobility and energy solutions. The battery storage systems have largely […]

CHARLOTTE, N.C. (Nov. 10, 2022) – Duke Energy has been awarded a $22 million utility energy service contract (UESC) by Marine Corps Base (MCB) Camp Lejeune for the design and construction of a microgrid at the military base. The innovative microgrid solution includes upgraded electrical infrastructure, 5 megawatts (MW) of on-site natural gas-fired generation, a […]

Two groups involved in innovation for power generation, including Italy’s largest utility, have teamed to build a rock-based energy storage system to capture excess power at a natural gas-fired power plant in Tuscany. Italy’s Enel, along with Israel’s Brenmiller Energy, have said the project aligns with their efforts to test new technologies to increase flexibility […]

Brooklyn, New York, Nov. 1, 2022 — WATTMORE, a climate tech start-up building an adaptive Energy Management Software platform for managing and operating the coming wave of scalable energy storage projects, has been chosen along with battery innovator Urban Electric Power to participate in the Resilient Energy Studio, a partnership between the New York City […]

It’s kind of exciting to be able to write that events are back in full swing. In case you missed it, POWER hosted the co-located Experience POWER, Distributed Energy Conference, and HydrogeNext events, Oct

Governments and power generators continue to work to improve access to electricity on the African continent. Engie Energy Access, a subsidiary of French energy major Engie, recently signed a $60 million

A project known as Netzbooster, or Grid Booster, is being deployed in Germany, designed to improve the efficiency of the country’s existing power grid infrastructure. Fluence Energy GmbH, a subsidiary of

The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]

FREMONT, Calif. (Oct. 20, 2022) — Amprius Technologies, Inc. (“Amprius”) (NYSE: AMPX), a leader in ultra-high energy density lithium-ion batteries with its Silicon Nanowire Anode Platform, today announced that the company was awarded a $50 million cost sharing grant from the U.S. Department of Energy (“DOE”)’s Office of Manufacturing and Energy Supply Chains (“MESC”). Amprius is […]

Menlo is the fastest-growing distributor of PV in Europe. The company is selling renewable energy solutions across 25 countries and is expected to deliver ca. 600 MW of PV components by the end of the year. The latest product launch ensures Menlo’s customers continue access to high-quality inverters and batteries. “We intend to supply Growatt […]

New York, NY – October 12, 2022 – Quinbrook Infrastructure Partners (“Quinbrook”), a specialist investment manager focused exclusively on the new infrastructure needed for the energy transition, and its portfolio company Primergy Solar (“Primergy”) announced today the sale of a minority equity stake in its US$1.2 billion Gemini Solar + Storage project outside of Las […]

An energy storage system (ESS) co-located with solar and wind power assets is now online at a research center in the Netherlands. The project, commissioned in a ceremony on Oct. 6, is a 24-MW/48-MWh that includes equipment from the Wärtsilä technology group. The GIGA Buffalo battery installation is at the Wageningen University & Research test […]

Four large solar power projects, including two that will feature battery energy storage systems (BESS), are moving forward after the closing of financing commitments for the installations. Intersect Power, an Oregon-headquartered development and engineering group for renewable energy, on Sept. 29 announced it has closed $3.1 billion in financing to complete a near-term portfolio of […]

Palo Alto, CA – September 29, 2022 一 Zendure, one of the fastest-growing start-ups in the energy tech sector, today launched a Kickstarter campaign to fund SuperBase V, the first home energy system with semi-solid state batteries. Semi-solid-state batteries boast a 42% higher energy density and greater safety than lithium-ion phosphate (LiFePO4) batteries, providing homes […]

Countries throughout the world have set carbon emission reduction targets in an effort to limit the effects of climate change. Many are striving to achieve net zero in coming decades. Yet, governments also want to maintain, or even improve, living standards for their citizens, which means keeping power affordable and reliable. This poses some potentially […]

ALAMEDA, Calif. (Sept. 20, 2022) — To jump-start the energy transition and support the growing electric vehicle (EV) and grid storage markets, global lithium-ion battery capacity is expected to rise up to ten-fold in the next decade. The cathode active material (CAM) market alone will grow to $189 billion by 2032 and is the most expensive component […]

RICHMOND, Calif., Sept. 20, 2022 — SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today expanded its portfolio of energy storage products with the launch of a 19.5 kWh and 39 kWh SunVault. These new battery configurations offer increased energy density and maximize space within the battery as compared to previous versions of SunVault, […]

LOS ANGELES & SAN FRANCISCO, California (Sept. 19, 2022) — Avantus (formerly 8minute), a leader in the clean energy transition, today announced that it has doubled its development pipeline over the last two years. Now exceeding 50 gigawatts (GW) of system capacity, including 42 GW of solar and 78 GWh of energy storage, the company’s […]

Paris, September 19th, 2022 – Saft, a subsidiary of TotalEnergies, has developed a new high-energy density storage system (ESS) optimized for time-shifting applications: a key enabler for the massive integration of low-carbon renewable energy on power grids. Modular Intensium Shift (I-Shift) 3 MWh containers are scalable building blocks and can be installed in line-ups with power […]

Austin, TX – September 15, 2022 – Habitat Energy Limited (“Habitat”), the UK based algorithmic optimization and trading platform for grid-scale battery storage and renewables assets, announces a major expansion into the US power market with an initial team of 18 data science and power trading specialists, and is positioned to be operational in all […]