Energy Storage

A new report released July 31 details continued growth in global energy storage, driven by lower costs for lithium-ion batteries. Research company BloombergNEF (BNEF) in its latest forecast published Wednesday said energy storage installations worldwide will grow across the next two decades, from the 9 GW/17 GWh of capacity deployed as of last year, to […]

July 25, 2019 — The technology group Wärtsilä has signed an Engineering, Procurement and Construction (EPC) contract for a 100 MW/100 MWh total capacity energy storage project in South East Asia. The energy storage system facility, including the Greensmith GEMS advanced software platform and GridSolv, will be used for grid support purposes. The order was […]

Venture capital investments in battery storage companies and projects rose significantly year-over-year through the first six months of 2019, according to a report from Mercom Capital Group. That level of activity is consistent with the growth in energy storage noted by speakers on July 24 at the Storage Week Plus conference in San Francisco, California. […]

Nine pumped-storage hydropower (PSH) concepts today were named winners of the latest stage in the FAST Commissioning for Pumped-Storage Hydropower (PSH) prize competition. The FAST Prize—which stands for “Furthering Advancements to Shorten Time”—is part of the American-Made Challenges series, designed to accelerate the commissioning times of PSH projects from 10 years to five, while reducing […]

Torrance, CA, July 22, 2019 – Tritium, a world leader in electric vehicle (EV) DC fast-charging technology, and Stäubli Electrical Connectors, an industry leader in high-quality connectors, today announced they have signed an agreement with SSA Marine to supply and install 33 of its DC High Power Chargers at the Port of Long Beach. The […]

The Georgia Public Service Commission (PSC) on July 16 threw its support behind Georgia Power’s plan to add 2,260 MW of new renewable power generation to the utility’s portfolio, on the same day the PSC signed off on the company’s effort to decommission its long-running coal-fired Plant Hammond. Georgia Power earlier this year submitted a […]

In a recent interview, Raul Pereda, president and CEO of PW Power Systems (PWPS), talked to POWER about the company’s long legacy as a gas turbine manufacturer, advancements in technology it has achieved over the past 60 years, and new applications for its turbines within a transitioning energy system.  No one can read a history […]

The U.S. Department of Energy (DOE) and members of Congress are looking at legislation concerning research and regulation of energy storage. Sen. Lisa Murkowski (R-Alaska), who chairs the Energy and Natural Resources committee, on July 9 said there is bipartisan interest in combining a handful of bills on energy storage, dealing with research and development […]

HEIDENHEIM/QUINTO. Technology group Voith recently received an extensive order for the Ritom pumped storage power plant in Switzerland. The plant has been in operation since as far back as 1920 and will now be replaced by a new facility. Voith will be responsible for design, fabrication, installation and commissioning of the new high-performance generating units. […]

MILLBRAE, Calif. – July 9, 2019 – Stem, Inc., the global leader in Artificial Intelligence (AI)-driven energy storage services, announced a new partnership with Syncarpha Capital, LLC, a New York based private equity firm that develops, owns and operates distributed photovoltaic solar energy systems as well as energy storage systems, to build 28.2 megawatt-hours (MWh) […]