Energy storage

Our global marketplace is certainly a competitive one but there is no reason why renewable energy technologies, whether they emanate from energy metals including lithium, uranium, zinc, cobalt, etc., or from the sun and wind or hydropower, should be competing for market dominance. Why shouldn’t renewable energy technologies compete for market dominance in the manner […]

European countries have moved quickly to adopt new energy sources after Russia’s invasion of Ukraine in February 2022. Governments have reduced imports of Russian-produced energy, with demand for natural gas

COMMENTARY In the 1950s, a geologist named Marion King Hubbert caused quite a stir when he predicted that the U.S. would reach peak oil production in less than 20 years. Fossil fuels are a finite resource, after all, and Hubert reasoned that oil production in the U.S. would begin to decline around 1970. While parts […]

A seismic shift is ongoing in the energy space, as transportation, industry, and other sectors turn toward electricity and away from fossil fuels to supply their power. The push for decarbonization of the

FRAMINGHAM, Mass. & BRISBANE, Australia – March 28, 2023 – Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, and Redflow Limited (ASX: RFX), a global leader in clean energy storage, today announced a strategic relationship through which Redflow will supply Ameresco, on a non-exclusive basis, with its advanced […]

WAKEFIELD, Mass. (March 28, 2023) — Agilitas Energy, an integrated developer, builder, owner and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern U.S., has agreed to acquire a portfolio of six standalone energy storage system (ESS) projects in the Greater Houston, TX area from Gulf States Renewable Energy, subsidiary of GSR […]

Growth in the energy storage market, including the transportation sector, has spurred a ramp-up in global battery manufacturing and investment in new technologies. Passage of the Inflation Reduction Act (IRA) in the U.S. has brought a flurry of announcements from foreign companies eager to build manufacturing plants in America. FREYR, a Norway-based company, late last […]

The facility is also first-of-its-kind financed with the Investment Tax Credit to provide critically needed dispatchable resource to meet urgent and growing demand for flexibility in Texas power market The technology group Wärtsilä has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by […]

STOCKHOLM, Sweden (March 23, 2023) — Mine Storage has entered into an agreement with British mining company Anglesey Mining Plc together with its 49.75% owned subsidiary Grängesberg Iron AB to investigate conceptual plans and designs for a pumped hydro-energy storage project at the Grängesberg Mine. Grid supporting energy storage is imperative for the continuous electrification […]

The global market for energy storage is experiencing rapid growth, in part because the technology is being included in decarbonization and sustainability programs. It also is being used to support the grid integration of more renewable energy resources, and has been touted as an important piece of electricity transmission and distribution system upgrades. Enertis Applus+, […]