Energy Storage
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Press Releases
GE Renewable Energy to Implement DC-Coupled Solar and Battery Energy Storage Hybrid System in Upstate New York
PHOENIX, Arizona (April 15, 2019) — GE Renewable Energy today said is has reached an agreement with Helios Energy to deliver two energy storage systems to be integrated with solar arrays for the Lenox Solar / Energy Storage project in Lenox, NY. The hybrid system will be installed in upstate New York at the end […]
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Storage ITC Bill Gains Key Industry Backers
Legislation recently introduced in the U.S. House that would expand the federal solar investment tax credit (ITC) to energy storage technologies has gained the backing of major trade groups representing the solar, hydropower, and wind sectors. The Energy Storage Tax Incentive and Deployment Act (H.R. 2096), introduced on April 4 by Reps. Mike Doyle (D-Pa.), […]
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How the DOE Is Looking to Save Hydropower
The Department of Energy (DOE) unveiled a slate of measures to help U.S. hydropower thrive as costs for wind and solar plummet. Measures will include a roadmap to identify hydro’s value in a future grid, and a first-of-its-kind prize designed to encourage innovative and faster pumped storage construction techniques. In her opening speech at Waterpower […]
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FPL Will Build World’s Largest Battery Storage System
Florida Power & Light Co. (FPL) has been building new solar farms and bringing gigawatts of new natural gas-fired generation capacity online in recent years. Now the utility has announced what it calls the world’s largest solar-powered battery storage system. FPL on March 28 said the Manatee Energy Storage Center, a 409-MW/900-MWh battery storage facility, […]
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India Installs Its First Grid-Scale Battery Storage System
India’s first grid-scale battery-based energy storage system was launched in February. The 10-MW system is owned by AES Corp. and Mitsubishi Corp., and operated by Tata Power Delhi Distribution Ltd. (Tata
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Solar Power Is Economical Today, but Comes With Challenges
Depending on the deployment location and competing energy prices, photovoltaic solar panels are among the most cost-effective power solutions being added to the grid today, often without subsidies and other incentives. The revelation came during a panel discussion—which included several CEOs from the power sector—that took place at the Bloomberg New Energy Finance (BNEF) Summit […]
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Press Releases
ESS Inc. Partners With Munich Re to Launch Industry-First Insurance Coverage for Flow Batteries
PORTLAND, OREGON (March 7, 2019) — ESS Inc., the leading manufacturer of safe, low-cost and long-duration energy storage systems, announced that it is now including 10-year insurance coverage on its long-duration energy storage products through Munich Re, one of the world’s leading insurance companies. The innovative policy provides warranty backstop for ESS Inc.’s proprietary flow battery technology, supporting the system […]
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UAE Adds Gas Power to Its Mix and Renewables Abroad
The January agreement between GE and Japan’s Sumitomo Corp. for a 1.8-GW combined cycle power plant in the United Arab Emirates (UAE) is part of the country’s commitment to increasing its power generation
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Germany’s Coal Exit Bound to Be Complicated
Eight years after Germany decided it would halt nuclear power production by 2022, the country that relied on lignite and hard coal for 38% of its generated power in 2018 will phase out coal by 2038 or earlier
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Energy at a Cellular Level: Battery Storage Shows Plenty of Power
Battery storage technology has moved in fits and starts, but today experts note that rapid advances make it difficult for safety standards to keep pace. Developers of storage systems are designing projects to