battery energy storage
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News
World’s Largest—For Now—Battery Storage Project Online in California
A battery energy storage project in California is set to be the world’s largest in terms of generation capacity when the facility is fully energized later in September. McCarthy Building Companies’ Renewable Energy & Storage group, based in Phoenix, Arizona, on Sept. 1 said the company had recently completed construction of LS Power’s 250-MW Gateway […]
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Press Releases
Wärtsilä’s GEMS to centrally manage multi-state energy storage projects for Duke Energy
Wärtsilä Corp. (Aug. 31, 2020) — Technology group Wärtsilä has contracted with Duke Energy, one of the largest electric power holding companies in the United States, for the Engineering, Procurement, and Construction (EPC) of three battery storage facilities during the past six months. These facilities will be located in North Carolina and Indiana in the […]
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Press Releases
esVolta Secures $140 Million Credit Facility for Portfolio of Battery Energy Storage Projects
ALISO VIEJO, Calif. (February 24, 2020) — esVolta, LP today announced that it has closed an approximately $140 million senior secured credit facility to finance a portfolio of its utility-scale battery energy storage projects. The credit facility was provided by CIT’s Power and Energy business as the Mandated Lead Arranger, and Siemens Financial Services (SFS), […]
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Press Releases
EnergyNest launches manufacturing hub for thermal battery technology
Rotterdam (July 11, 2018) – EnergyNest has launched a new hub for manufacturing their thermal battery technology at Europoort in Rotterdam. The cleantech company is responding to Europe’s growing demand for flexible and scalable energy storage solutions. Establishing mass-manufacture capability for their battery modules will allow the company’s energy storage projects to be real- ised […]
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Commentary
Thriving During the Energy System Transition
Today’s energy system is ripe for disruption. Whoever designs the next generation of energy systems will own the platforms that will enable tomorrow’s products and lock in the emerging consumer base from the developing world. This disruption will be as great as the shift from whale oil to rock oil, altering the energy landscape permanently. […]