Energy storage

Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development, the owner of a large and geographically rare underground salt dome in Utah, have teamed to develop a massive project that could store up 1,000 MW of renewable energy year-round and provide it to variability-challenged Western power markets.  The companies this week signed a memorandum of understanding […]

Companies will also offer Convergent’s energy storage solutions to large electricity users in Ontario (Toronto, ON) May 8, 2019 – Convergent Energy + Power (Convergent), the leading independent developer of energy storage solutions in North America, and Shell *, today announced a joint venture starting with 21 MWh of industrial battery storage systems at two […]

The power grid is a pretty complex system. Electricity is generally produced on an as-needed basis. Generators ramp up and down based on demand. However, energy storage systems are beginning to change how

Legislation recently introduced in the U.S. House that would expand the federal solar investment tax credit (ITC) to energy storage technologies has gained the backing of major trade groups  representing the solar, hydropower, and wind sectors. The Energy Storage Tax Incentive and Deployment Act (H.R. 2096), introduced on April 4 by Reps. Mike Doyle (D-Pa.), […]

Alliance to leverage ABB Ability™ based microgrid and energy storage solutions and clean energy infrastructure financing expertise ABB and SUSI Partners (SUSI), a clean infrastructure investment advisor, have signed a framework agreement to promote the deployment of microgrids and energy storage solutions. ABB will provide its ABB Ability™ based microgrid technology and battery energy storage […]

GE has announced it will integrate its renewables, grid, and energy storage assets into a simplified, single business that nearly doubles the size of its Renewable Energy division, as the company banks on the accelerated uptake of grid-connected renewables worldwide.  The expansion will see GE’s grid solutions, solar solutions, and storage businesses move from GE […]

A distribution center in Finland is installing what is being called the country’s largest industrial microgrid, a system that will use 100% renewable energy. The system is being built by Schneider Electric

From both a regulatory and development perspective, 2018 was a significant year for the expansion of energy storage resources (ESRs). From a significant ruling of the Federal Energy Regulatory Commission

Cheap natural gas and social pressure to reduce carbon emissions give gas-fired power plants and renewable energy resources a competitive advantage over traditional coal and nuclear generation. Energy storage

NV Energy plans to retire a 254-MW coal-fired unit in a power-constrained region of Nevada at the end of 2021, four years ahead of schedule. The company will instead purchase 1,001 MW from new solar photovoltaic projects equipped with 100 MW of long-term battery storage, effectively doubling its total renewable generation from 14% in 2017 […]