Energy storage
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Press Releases
Mine Storage Granted Vinnova Funding to Commercialize Novel Grid-Scale Energy Storage Concept
DEC. 8, 2021 — An international consortium led by Swedish grid-scale energy storage company Mine Storage has been granted Vinnova funding to finalize the blueprint for what could be the world’s first commercial underground mine storage facility, indicating increased interest in the potential of using abandoned mines for energy storage. “I am very pleased that […]
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Solar
Rooftop Solar and Energy Storage Are Not Republican or Democrat, They’re American
There is a common misperception that “green energy” appeals mostly to liberals. However, at least some of the facts don’t support that view. A case in point can be found in the rooftop solar sector. “It’s not Republican or Democratic. It’s really American. It’s free enterprise,” Jayson Waller, founder and CEO of POWERHOME SOLAR, said […]
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Press Releases
Energy Dome Closes $11 Million Series A Funding, Advances First Commercial Deployment of Low-Cost, Long Duration CO2 Battery
MILAN, Italy (Nov. 30, 2021) — Energy Dome, an Italian energy storage technology company founded in 2019, today announced the close of its $11M Series A fundraise. The company will use the proceeds to complete the construction of its CO2 Battery demonstration project in Sardinia, Italy, and to accelerate the growth of the business. The CO2 […]
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Hybrid Power
Why Thermal Energy Storage Offers Hot Prospects for Power
Thermal energy storage (TES) is gaining interest and traction as a crucial enabler of reliable, secure, and flexible energy systems. The array of in-front-of-the-meter TES technologies under development
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Hydrogen
Want Long-Term Energy Storage? Look to Hydrogen
The power industry has been all abuzz lately about the potential role hydrogen could play in decarbonizing the energy sector. POWER was quick to notice the excitement surrounding hydrogen, and launched
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Commentary
Energy Transition—Opportunities for Power and Utility Companies
“Energy transition,” “energy evolution,” “energy reimagined,” and a host of similar terms have dominated the energy market headlines this year. While these terms can have varied meanings, they
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Nuclear
Coal Plant Site Unveiled for 500-MW Natrium Advanced Nuclear Pilot
A site at PacifiCorp’s retiring 600-MW coal and gas–fired Naughton Power Plant in Kemmerer, Wyoming, will house the Natrium demonstration, a pioneering commercial-scale 500-MW project that will pair a 345-MW sodium-cooled fast reactor with a molten salt-based energy storage system. Project stakeholders on Nov. 16 unveiled the site for the federally backed demonstration, which will validate […]
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Press Releases
Azelio signs order in South Africa for 8 units of its renewable energy storage TES.POD®
Azelio wins an order for 8 units with 1.3 MWh clean electricity supply of its long duration energy storage, TES.POD®, from South African-based farming company Wee Bee Ltd. The order has a value of approximately 1.2 million US dollars over 15 years including expected price increases. Azelio’s TES.POD® system in combination with solar PV will […]
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Distributed Energy
Group Forecasts Massive Increase in Energy Storage by 2030
Global installations of energy storage systems will experience rapid growth this decade, resulting by the end of 2030 in gigawatt capacity more than 20 times larger than the amount online at the end of 2020. That’s according to a forecast from research company BloombergNEF (BNEF), which in a report released Nov. 15 said the huge […]
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Press Releases
Yotta Energy Secures $13 Million to Transform Commercial Buildings into Distributed Solar + Storage Power Plants
AUSTIN, Texas, Nov. 2, 2021 — As a worldwide energy shortage is poised to hit the U.S. this winter, Yotta Energy has raised $13 million to scale its unique, modular energy storage and microgrid technology, specifically designed to transform buildings into self-generating power plants. Led by WIND Ventures, the Series A round also includes follow-on […]
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