Energy storage
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Press Releases
On.Energy Secures $20 Million of Infra-Growth Equity Led by Ultra Capital to Expand North American Battery Energy Storage System Deployment
MIAMI – June 13, 2023 – On.Energy, a proven end-to-end integrator of battery energy storage and an Independent Power Producer (IPP), today announced it raised $20 million in equity financing in a Series B round led by Philadelphia-based investment firm Ultra Capital. New York-based private equity firm Phalanx Investment Partners also participated in the round […]
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Press Releases
Ameresco and Atura Power JV Selected to Build 250MW/1,000MWh Battery Energy Storage System
FRAMINGHAM, Mass. AND GREATER NAPANEE, Ontario – June 8, 2023 – Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that its joint venture was selected to build a 250 megawatt (MW), 1,000 megawatt hour (MWh) battery energy storage system (BESS) in partnership with Atura Power, a subsidiary of Ontario Power Generation, […]
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Press Releases
Avantus Completes Sale of Nation’s Largest Permitted Solar and Integrated Storage Project to AES
LOS ANGELES and SAN FRANCISCO, Calif — June 7, 2023 — Avantus (formerly 8minute) today announced the sale of the Bellefield project, the nation’s largest permitted solar project with integrated storage, to The AES Corporation. Located in Kern County, California, Bellefield will feature a total of one-gigawatt of solar and up to one-gigawatt of energy storage […]
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Press Releases
Redflow to supply transformative 20-MWh flow battery system for project in California
BRISBANE, Australia, June 01, 2023 — Redflow Limited, a global leader in clean energy storage, announced today that its safe, scalable, and sustainable flow batteries have been funded and approved by the California Energy Commission (CEC) for a large-scale solar and storage project, which will provide power for the Paskenta Band of Nomlaki Indians. The […]
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Commentary
Don’t Neglect Round-Trip Efficiency and Cost of Charging When Considering Levelized Cost of Storage
The world is moving toward renewable sources for electricity generation in an attempt to reduce fossil-fuel reliance. But wind and solar can’t provide a consistent flow of power 24/7, and grid operators have realized that new electricity generation needs to be paired with storage to manage periods with no sun or wind. The decreasing cost […]
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Renewables
Growth Slows, but U.S. Renewable Energy Installs at Third-Highest Level in 2022
The American Clean Power Association (ACP) in a new report said installations of energy storage, along with wind and solar power capacity, were at the third-highest level on record in 2022, with more than 25 GW of new clean power installed cross the U.S. But challenges to clean energy deployment remain. The group’s “Clean Power […]
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Commentary
What Happens When We Fail to Build Enough Transmission?
Large wind and solar farms are widely viewed as the core building blocks of the energy transition; however, all building blocks need a foundation. For wind and solar power, that foundation is electric transmission, and we aren’t on track to build sufficient additional transmission capacity to realize the full potential of low-cost renewables. COMMENTARY Much […]
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Press Releases
Linxon signs new agreement with Available Power for a 100 MW/200 MWh project
Boulder, Colo. and Raleigh, N.C. — May 8, 2023 – Linxon has signed an exclusivity agreement with Available Power for the 100 MW/200 MWh Greenport Battery Energy Storage System (BESS) project in Austin, Texas. This agreement strengthens the relationship between both parties, following their strategic partnership for 1GW of distributed energy storage projects in the […]
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Press Releases
Apex Advances 400MWh of Energy Storage with Powin Battery Technology
PORTLAND, Ore. & CHARLOTTESVILLE, Va. (May 9, 2023) — Apex Clean Energy and Powin LLC (Powin), a global energy storage platform provider, announced two new battery storage projects in Texas. Apex developed and will construct, own, and operate the projects; Powin is providing its Centipede™ Platform and StackOS™ battery management system. Angelo Storage, co-located with […]
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Interview
The POWER Interview: A Snapshot of the Energy Storage Market
Energy storage continues on an upward growth trajectory, with new projects seemingly being announced every day. POWER looked at advancements in battery energy storage technology, and trends in the sector, in the March 2023 issue. A number of experts within the energy storage industry provided their views on the issues impacting storage. Among those experts […]