Energy Storage
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Press Releases
Salient Energy Partnering with Horton World Solutions for Residential Energy Storage
Dartmouth, NS, Canada (May 4, 2022) — Salient Energy (“Salient”), a company developing proprietary zinc-ion batteries as an alternative to lithium-ion batteries in stationary energy storage, today announced that it has formalized a partnership with Horton World Solutions (HWS), a sustainable homebuilder whose proprietary composite framing system enables best in class energy efficiency and construction […]
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Trends
POWER Digest [May 2022]
Czech Republic Chooses Site for SMR Development. CEZ Group, a major conglomerate in the Czech Republic, in late March said it had set aside an area at the Temelin Nuclear Power Plant as a possible location for
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Hydrogen
ACES Delta’s Giant Utah Salt Cavern Hydrogen Storage Project Gets $504M Conditional DOE Loan Guarantee
The Advanced Clean Energy Storage Project, a much-watched project under development in Delta, Utah, that is shaping up to be the largest renewable hydrogen energy hub in the U.S., has garnered a conditional commitment for a $504.4 million loan guarantee from the Department of Energy’s (DOE’s) federal loan guarantee program. The conditional loan guarantee commitment […]
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Press Releases
Yotta Energy Brings Total Series A to $16.5 Million and Secures $1.97 Million Award to Deploy Solar + Storage Microgrid at Nellis Air Force Base
AUSTIN, Texas, April 26, 2022 — As oil and gas prices continue to rise the world needs more alternative energy sources that increase resiliency and decrease dependence on fossil fuels. Yotta Energy, a leader in intelligent energy storage technology for the rooftop commercial and industrial (C&I) market, has raised an additional $3.5 million, including a […]
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Press Releases
Quinbrook, Primergy Close $1.9 Billion Debt, Tax Equity Financing for Gemini Solar+Storage Project
OAKLAND, Calif., April 25, 2022 – Quinbrook Infrastructure Partners (‘Quinbrook”) and Primergy Solar (‘Primergy”), announced today the final close of a monumental financing deal of $1.9 billion in debt and tax equity financing for the Gemini Solar + Storage project. Gemini is a 690 MWac/966 MWdc solar PV and 380 MW/1,416 MWh battery storage project […]
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Renewables
BlackRock-led Group Invests $525M Toward India Renewable Energy
A group considered the world’s largest asset manager has joined with a United Arab Emirates (UAE) wealth management fund to support an investment in renewable energy development in India. A consortium led by New York-based BlackRock, along with UAE sovereign wealth fund Mubadala Investment Co., on April 14 said it would pay $525 million for […]
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Hybrid Power
Grid Interconnection Queue Filled with Solar and Energy Storage Projects
A study conducted by the Lawrence Berkeley National Laboratory (Berkeley Lab) shows more than 1.1 TW of solar and energy storage capacity were in the U.S. power grid’s interconnection queue at the end of 2021. Notably, that total is more than the currently existing capacity in the U.S. power fleet. Additionally, Berkeley Lab researchers found […]
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Energy Storage
How a UPS Can Provide a Return on Investment as an Energy Storage System
Uninterruptible power supply (UPS) systems are often installed to protect critical equipment and loads from power outages, and other voltage and current problems. Many UPS systems continuously regulate the input power, thereby maintaining a constant and uniform supply of electricity. UPS systems are typically used on computer hardware or other equipment where an unexpected power […]
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Hybrid Power
Electrification Ignites Debate Over Future of Energy
Electrification—replacing fossil fuels with electricity to provide power—is a major part of the global effort toward decarbonization. It touches many sectors, and is sparking even more discussion about its
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Energy Storage
SDG&E Adds More Energy Storage to CAISO Grid
San Diego Gas & Electric (SDG&E) has completed a second energy storage project in its home city, a 20-MW/80-MWh facility located in Kearny Mesa. Utility officials on March 29 said the new installation is part of California’s push toward 100% carbon-free electricity. SDG&E in June 2021 completed the Top Gun Energy Storage project, a 30-MW/120-MWh […]