Energy storage

The European Commission, the executive arm of the European Union (EU), in 2023 issued recommendations on how member states should proceed with deployments of energy storage. The group said EU countries should

Investment Fund Buys Spanish Solar Projects. NextEnergy Capital, an investment fund focused on renewable energy, in August said it had an agreement to buy 12 solar power projects in Spain. The installations in

An Arizona-headquartered company is investing millions of dollars in Indiana with construction of a series of solar power projects in the Hoosier state. Arevon Energy, a Scottsdale-based renewable energy developer, owner, and operator, on August 21 celebrated the groundbreaking for the 192-MW Ratts 1 Solar Project near Petersburg in Pike County. Arevon also recently began […]

Our power grid is becoming more distributed and more renewable than ever. Energy storage is a critical technology component to reducing our dependence on fossil fuels and building a low-carbon future. Without it, the shift to renewables will be impossible. Microgrids, net zero buildings, and local renewable energy resources are all enabled by energy storage. […]

BlueWave, a solar power developer and owner in the U.S. Northeast, announced five projects across Massachusetts that incorporate the company’s innovative dual-use solar design and operate under the Solar Massachusetts Renewable Target (SMART) Program. BlueWave said the installations announced August 22 are located in Palmer, Haverhill, Dighton, and Douglas. The sites have 19.8 MW of […]

A New York-based infrastructure investment fund said it has completed its purchase of a community solar and battery energy storage business in a deal to expand the U.S. community solar market. NOVA Infrastructure on August 16 said its acquisition of UGE International will forge a partnership “with UGE’s veteran management team with the goal of […]

Sage Geosystems will build a first-of-its-kind 3-MW geothermal baseload power and energy storage system on land owned by San Miguel Electric Cooperative (SMECI) in Christine, Texas. The company plans to begin operating the project later this year to supply the Electric Reliability Council of Texas (ERCOT) grid. The project will mark the first commercial-scale deployment […]

Over the last few years, the energy industry has moved down a path of massive change, disruption, and uncertainty. In the U.S., growth projections over the next 15 years include 2,000 GW of PV solar and wind, 1,100 GW of storage, all seemingly coming from nowhere, driving grid interconnection requests at the end of 2023 […]

To achieve net-zero goals and accelerate the global energy transition, the International Energy Agency (IEA) stated that countries need to triple renewable energy capacity from that of 2022 by 2030, with the development of solar photovoltaics (PV) playing a crucial role. Additionally, the comprehensive electrification of combustion engine vehicles is an indispensable measure for reducing […]

The urgency for an energy transition has never been more critical. Climate change, air pollution, resilience, and national security concerns make it clear that minor adjustments to our energy system are no longer sufficient. We must revolutionize the 150-year-old electrical grid, transforming it into a robust energy ecosystem capable of meeting today’s demands and the […]

Officials in India said that country’s energy transition plan will focus on developing small modular nuclear reactors (SMRs), pumped energy storage projects, and more efficient coal-fired power plants. Finance Minister Nirmala Sitharaman, presenting the government’s 2024-2025 budget, noted the latest financial allocations outline a shift in priorities for Prime Minister Narendra Modi. Sitharaman on July […]

The U.S. Department of Energy (DOE) Loan Programs Office (LPO) on July 18 announced a conditional commitment for a loan guarantee of up to $861.3 million to Clean Flexible Energy, LLC. The money will finance construction of two solar photovoltaic (PV) farms equipped with battery storage, and two standalone battery energy storage systems (BESS), in […]

More than $106.5 billion in large-scale clean energy project investments have been announced in Republican-held congressional districts in the U.S. during the period from August 2022 through June 2024. The figure was released by E2, a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for “smart […]

A global group that provides quality assurance for the battery energy storage system (BESS) and solar photovoltaic (PV) industries has launched a battery pack review service designed to improve detection and correction of capacity imbalance issues. Sinovoltaics on July 11 said it has launched its BESSential analysis service, offering 100% battery pack review. The service, […]

It’s not uncommon to hear people talk about the energy transition. Yet, throughout its history, the power industry has almost always been transitioning in one way or another. There are constantly new

An array of technologies, both thermal and renewable, are being used in the design of microgrids, supporting distributed power generation across several sectors. The use of microgrids to provide reliable power for critical infrastructure is growing, and these off-grid installations also are becoming more prevalent as part of commercial and industrial (C&I) enterprises and residential […]

Nevada-based utility NV Energy said it plans to add more than 1 GW of capacity from both solar power and battery energy storage to its generation portfolio by the end of 2027. The company, which includes Las Vegas in its service territory and is part of billionaire Warren Buffett’s Berkshire Hathaway conglomerate, unveiled the additional […]

Bill Gates’ nuclear innovation firm TerraPower has broken ground on the non-nuclear portion of Kemmerer Unit 1, a 345-MW Natrium sodium-cooled fast reactor (SFR) power plant. The groundbreaking on June 10 makes the federal demonstration project the first advanced nuclear reactor project to move from design into construction in the Western Hemisphere, the company noted. […]

EPRI, in collaboration with Southern Company and Storworks, has recently completed testing of a pilot concrete thermal energy storage (CTES) system at Alabama Power’s Ernest C. Gaston Electric Generating plant (Gaston) marking the largest such pilot in the world. The technology was developed by Storworks. The 10-MW-hour-electric (MWhe) energy storage solution (Figure 1) is charged […]

For more than a century, fossil fuel companies have drilled oil and gas wells to increase the production, consumption, and export of fossil fuels. These wells are often abandoned once they are no longer profitable, and are sometimes left unplugged or improperly plugged, causing local environmental hazards and contributing to global climate change. There are […]

The market for customizable, scalable, turnkey energy storage solutions continues to evolve, as companies look at providing systems that will work from an individual application level all the way to grid and utility-scale deployment. Kontrolmatik, an Istanbul, Turkey-headquartered systems integrator and global engineering, procurement, and construction leader in power generation, transmission, and distribution, and its […]

The shift to clean energy is triggering growing concerns about the sustainability, resilience, and integration of the power sector’s complex supply chains. Here are five trends to watch. The power sector’s

Energy ministers from seven of the world’s largest economies, including the U.S., said they would end the use of “unabated” coal by 2035, but also said countries could extend that deadline if circumstances warrant. The Group of Seven (G7) members, which also include Canada, the UK, France, Germany, Japan and Italy, published a communiqué on […]

The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]

The battery industry is experiencing a seismic shift as demand for renewable energy solutions increases. With electric vehicle (EV) sales expected to double from 2023 to 2027, reaching 31.6 million units, and shortages of cobalt and lithium expected through 2027, according to S&P Global Commodity Insights, innovation is necessary. There is a growing demand for […]

An energy storage division of a global solar power provider announced it has signed a letter of intent to supply equipment for several energy parks being developed by a UK-based renewable energy company. Trina Storage, part of China-headquartered Trina Solar, on April 19 said it would partner with London-based Pacific Green on several projects, and […]

Arevon Energy, a Scottsdale, Arizona-based renewable energy developer, owner, and operator, announced it has signed a long-term tolling agreement with electricity provider MCE for 188 MW of the Cormorant Energy Storage Project in Daly City, California. Cormorant Energy Storage is a 250-MW/1,000-MWh standalone battery energy storage system that will be built in two phases. The […]

Owners and operators of thermal and renewable energy infrastructure are navigating new and emerging risks due to digitization of the grid, an uncertain regulatory landscape, and changing environmental and weather patterns. These factors and others are forcing risk management stakeholders to increase preparation and resilience of their organizations. As digital transformation accelerates in the power […]

Support for battery energy storage, and manufacturing of equipment for the electrification of transportation, is spurring construction of battery factories across the U.S. American Battery Factory, a leader in development of lithium iron phosphate (LFP) battery cells, recently announced a partnership with Lead Intelligent Equipment (LEAD) to secure custom automation equipment and machinery that will […]

A Sweden-based renewable energy developer, in partnership with the investment arm of Ingka Group–the biggest IKEA retailer–has been issued a permit for construction of a 5.5-GW offshore wind project that would be built in the Baltic Sea. OX2 AB and Ingka Investments on April 3 said officials in Gotland, Sweden, gave the companies a Natura […]