Energy storage

JUNO BEACH, Fla. (Jan. 28, 2021) – Florida Power & Light Company announced today that construction has begun on the FPL Manatee Energy Storage Center, which is expected to shatter industry records as the world’s largest integrated solar-powered battery system, capable of powering Disney World for approximately seven hours. Located in Parrish, Fla., the FPL […]

Sustainability is a buzzword that’s being bantered about up and down Wall Street, and corporate leaders have taken notice. Many companies have adopted environmental, social, and governance (ESG) initiatives, which are often tied to sustainability goals. In some cases, the pressure to do so has come from customers and/or investors, but in others, CEOs and […]

LONG BEACH, Calif. (Jan. 27, 2021) — The AES Corporation (NYSE: AES) has commenced operations of the Alamitos battery energy storage system (BESS), one of the world’s largest battery storage systems in operation today. The BESS, a stand-alone energy storage facility for local capacity, will provide up to 400 megawatt-hours (MWh) of energy to ensure […]

Dartmouth, NS, Canada (Jan. 26, 2021) — Salient Energy (“Salient” or “The Company”) a company developing novel zinc-ion batteries as an alternative to conventional lithium-ion batteries, today announced that it has received a grant from the California Energy Commission (CEC) in the amount of $1,583,125 to support the design and assembly of its zinc-ion residential […]

The U.S. Department of Energy’s (DOE’s) new leadership team is a diverse group of individuals with a wide range of experience across the power sector and academia. The names announced Jan. 21 include Kelly Speakes-Backman, who has served as the first CEO of the Energy Storage Association (ESA) and was a keynote speaker at POWER’s […]

JANUARY 19, 2021 — Macquarie’s Green Investment Group (GIG) today announced that it will make an investment in esVolta, a developer and owner of utility-scale energy storage projects across North America. The investment will support the continued North American expansion of esVolta and finance its portfolio of over 600 MWh of contracted energy storage projects, […]

LOS ANGELES, California (Jan. 18, 2021) — Swell Energy, Inc. today announced that the Hawaii Public Utilities Commission (PUC) has approved its $25 million contract with Hawaiian Electric for the delivery of various grid services through an aggregated “virtual power plant” (VPP) on three islands. Swell Energy, a California-based energy and smart grid solutions provider, will deploy behind-the-meter […]

MILLBRAE, Calif. – January 13, 2021 – Stem, Inc. (“Stem” or “the Company”), a global leader in artificial intelligence (AI)-driven energy storage systems, today announced the Company has been awarded a project mandate to provide energy storage solutions to the Massachusetts Water Resources Authority (MWRA) in Greater Boston, a public agency that provides wholesale water […]

2020 was a transformative year for the power sector, underlining both new challenges and potential opportunities. We not only saw how severe weather event threats, such as the wildfires and public safety power shutoffs in California, continued to illustrate the fragility of our existing centralized electric distribution system, but we simultaneously experienced the struggle of […]

A partnership between The Alliance Center and Fermata Energy will result in reduced energy costs The Alliance Center is installing the Fermata Energy V2B System at their facility in Denver. The Fermata Energy V2B System will work in conjunction with The Alliance Center’s electric vehicle (EV) to utilize the energy stored in a Nissan LEAF […]