Energy storage

ARLINGTON, Va.; DOHA, Qatar; MUNICH, Germany (Dec. 30, 2020) — Fluence, the leading global energy storage solutions provider, announced today that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction. Consummation of the transaction […]

The Electric Power Research Institute (EPRI) was selected by the U.S. Department of Energy (DOE) to lead three advanced energy storage projects. The projects will study innovative, non-battery-based bulk energy storage solutions integrated with fossil assets. “Investing in research and development to improve energy storage is critical at this moment in time,” Neva Espinoza, vice […]

Although provisions in the $900 billion stimulus package agreed to by Congress on Dec. 21 that will extend the solar investment tax credit (ITC) and the wind production tax credit (PTC) received the greatest publicity, lawmakers also authorized about $35 billion for clean energy research and development (R&D) programs focused on solar technology, advanced nuclear […]

A distributed energy power plant, designed to help bring more reliability to California’s power grid, is being developed by a company whose investors include Alphabet, the parent company of Google. The project when fully developed would be the world’s largest residential virtual power plant (VPP). Sidewalk Infrastructure Partners (SIP), a group that builds, owns, operates, […]

The use of batteries for electricity storage has been a reality for more than 200 years. Recent technological developments and incentives for non-fossil fuel energy systems have resulted in the application of

Culver City, California & Marlborough, Massachusetts- (November 24, 2020) –TerraScale, a clean infrastructure design and development firm committed to transforming and modernizing digital infrastructure, today announced that it has signed an agreement with Ambri, to deploy its proprietary Liquid Metal Battery technology. As part of the agreement, TerraScale and its data center development partners will […]

LOS ANGELES, Nov. 19, 2020 — sonnen, a global market leader in smart residential energy storage and virtual power plants, today announced the launch of sonnenCore. The new compact, affordable, and fully sonnen-designed sonnenCore home battery solution is built using sonnen’s proven energy management expertise. This product evolution expands sonnen’s premium offerings to include a […]

NOVEMBER 10, 2020 — Yotta Energy announced today that the company has closed a $5M Seed Round to finalize UL certification and commence commercial production of its disruptive panel-level, PV-Coupled™ energy storage technology. The investors for this round include Fiftysix Investments, EDP Ventures, Skyview Ventures and other undisclosed investors. “Our team has proven the value […]

Speakers at POWER’s recent Distributed Energy Experience were unanimous in their agreement that energy storage is a game-changing technology for the power generation sector. Storage provides for more reliability and resilience, and already is proving its importance to supporting the growth of solar and wind power. Utilities are incorporating storage into their generation portfolios. It […]

The 2.4 MW/2.4 MWh energy storage system (ESS) supplied by the technology group Wärtsilä for Sunseap Energy Ventures of Singapore under an engineering, procurement and construction (EPC) contract has been installed. The ESS facility is a test-bed supported by Singapore’s Energy Market Authority (EMA) and SP Group, a leading energy utilities company in Asia Pacific […]