Energy storage
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Press Releases
Wallbox and AutoGrid Partner to Drive Cost-Savings and Enable Grid-Aware Charging for EV Drivers
MOUNTAIN VIEW, CA – JANUARY 25, 2022 — Wallbox (NYSE:WBX) a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, and AutoGrid, industry-leading provider of Virtual Power Plants (VPPs) that harness distributed energy resources (DERs) such as electric vehicles, have announced a partnership in the U.S. to reduce the upfront and ongoing […]
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Offshore Wind
Ørsted Buys PSEG Stake in Offshore Wind Project, Announces Major Texas Solar Farm
Danish energy developer Ørsted continues to expand its presence in the U.S. market, with the company on Jan. 18 announcing it has signed a deal to acquire Public Service Enterprise Group’s (PSEG’s) 25% stake in the 1.1-GW Ocean Wind 1 project about 15 miles off the coast of New Jersey. The move will give Ørsted […]
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Press Releases
California City Now Home to World’s Largest Multicampus Solar & Energy Storage Installation
San Ramon, Calif. (Jan. 17, 2023) – San Ramon is now home to the world’s largest multicampus solar and energy storage installation, equating to nearly 25 megawatts (MW), as Sunset Development Company and DSD Renewables (DSD) again partner for phase two of its renewable energy solution and solar installation at Bishop Ranch, the thriving 600-acre, […]
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Press Releases
Leclanché achieves breakthrough in environmentally friendly production of high-performance lithium-ion batteries
YVERDON-LES-BAINS, Switzerland and ANDERSON, Indiana (Jan. 17, 2023) – Leclanché SA, a leading global provider of energy storage solutions, has achieved a breakthrough in the environmentally friendly production of modern G/NMCA cells: As the first manufacturer worldwide, Leclanché is able to reduce the cobalt content in NMCA as cathode material from 20 to 5 percent […]
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Gas
Energy Storage Being Added to California Gas-Fired Peaker Plants
A North Carolina-based group that provides battery energy storage and software technology is set to co-locate 420 MWh of storage at four natural gas-fired facilities in California. Durham-headquartered FlexGen Power Systems on Jan. 17 said it would provide energy storage to Middle River Power (MRP), a Chicago, Illinois-based independent power company. MRP was created in […]
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Press Releases
German flow battery manufacturer CMBlu Energy enters the US market
Critical advances in the company’s carbon-based energy storage systems aim to accelerate long duration energy storage commercial deployments and US domestic production. Alzenau, Germany, January 10, 2023 – CMBlu Energy, a Frankfurt-area designer and manufacturer of long-duration Organic Solid-FlowT battery energy storage systems, announced plans today to work with electric utility and industrial customers to […]
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Energy Storage
Major Energy Storage Project Sited at Former Australian Coal-Fired Plant
The Australian affiliate of energy giant Shell said it has acquired the development rights for a major battery energy storage project in that country. The new facility is at a site that formerly housed eight coal-fired generation units. Shell Energy Australia on Jan. 10 said it will build, own, and operate the planned 500-MW/1,000-MWh Wallerawang […]
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Press Releases
SolarEdge and Sunnova Expand Partnership to Include SolarEdge Home Battery in Sunnova’s Energy as a Service Portfolio
HOUSTON, Texas and MILPITAS, Calif.— January 10, 2023 – SolarEdge Technologies, a global leader in smart energy technology, and Sunnova Energy International, a leading U.S. Energy as a Service (EaaS) provider, today announced the expansion of their long-standing partnership with the addition of the SolarEdge Home Battery to the Sunnova EaaS portfolio. The expansion of the […]
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Press Releases
PG&E Teams With Energy Vault to Build and Operate the Largest Green Hydrogen Long-Duration Energy Storage System in the U.S.
Hybrid system will be capable of powering approximately 2,000 electric customers within PG&E’s Calistoga microgrid for up to 48 hours (293 MWh of carbon-free energy) during a planned outage This Long-Duration Energy Storage System is the first-of-its-kind and integrates a short duration battery system, for grid forming and black start capabilities, with a long duration fuel […]
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Hybrid Power
China Breaks Ground on Massive 16-GW Solar, Wind, Coal Project
A massive, multibillion-dollar renewable and fossil-fuel energy project is underway in China. The installation, being built by China Three Gorges (CTG), includes wind, solar, energy storage and coal-fired power generation. Ground was broken for the first pilot of the Kubuqi Base project in Dalate Banner, Ordos, Inner Mongolia on Dec. 28, 2022, according to Chinese […]
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Energy Storage
Billionaire-backed ‘Iron-Air’ Battery Maker Picks WV Site for First Factory
A battery manufacturing company with plenty of high-profile financial backing said it has picked a site for its first factory that will build “iron-air” batteries. Form Energy touts its technology as a breakthrough for long-duration storage of solar and wind power. Form, which counts Microsoft founder Bill Gates, Amazon’s Jeff Bezos, and British tycoon Richard […]
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Commentary
Fuel Cells vs. Batteries: What’s the Difference?
As the world looks toward innovative technology to help reduce the carbon footprint, scarcity of resources has become a significant challenge. With no single technology being enough to accommodate the green transition, we’re seeing massive investments in both fuel cell- and battery-related technologies. Some large-scale investments include new battery technologies for electric vehicles (EVs), wind […]
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Press Releases
Zenobē announces expansion to U.S. through collaboration with JERA Americas to develop battery storage projects
Dec. 16, 2022 — Zenobē, a leading EV fleet and battery storage specialist, has today announced it will join forces with JERA Americas, the U.S. subsidiary of JERA, the largest power generation company in Japan, to develop battery storage projects in New York and New England. The collaboration is a key milestone in securing clean […]
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Press Releases
Fluence to Design and Manufacture Battery Packs as Part of Storage Products
ARLINGTON, Va., Dec. 13, 2022 – Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and cloud-based software for renewables and storage, today announced a strategic plan to develop Fluence-made battery packs, with production set to begin in early 2024 in the United States. The move is intended to […]
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Press Releases
CIT Serves as Co-Lead on $85 Million in Financing for NineDot Energy, Portfolio of Storage Projects
NEW YORK — Dec. 7, 2022 — CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as co-coordinating lead arranger on an $85 million construction-to-term debt financing for NineDot Energy LLC (“NineDot Energy”), a leading developer of distributed community energy projects in the New York City metro region. NineDot […]
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Energy Storage
Hyundai Material Handling and OneCharge Announce a Strategic Partnership
NORCROSS, GA. (December 5, 2022) – Hyundai Material Handling, Norcross, GA, and OneCharge, Inc., Garden Grove, CA, have entered into a strategic partnership to provide advanced lithium ion (Li-ion) battery technology to Hyundai’s North American dealer network and their customers. Research indicates that by 2030 70% of all electric forklifts will be powered by Li-ion […]
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Press Releases
FlexGen Selects Orennia for Analytics and Insights That Support Its Growth in U.S. Storage Market
CALGARY, Alberta, Nov. 15, 2022 – Orennia Inc. (Orennia), a leading technology platform that provides data, analytics and insights to key players in the energy transition sector, announces one of its newest partnerships with cutting-edge energy storage integrator FlexGen. FlexGen and Orennia were first connected from an industry-leading research report that Orennia published highlighting top-performing battery […]
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Interview
The POWER Interview: A Renewed Shift in Energy Investing
Companies involved in energy production continually look to maximize their investments, and today are tasked with navigating increasingly volatile energy markets. These companies must choose where and how to compete as the world transitions to a low-carbon future. Where are the best opportunities for investment? How important is seeking out positions that reduce exposure to […]
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Press Releases
Rolls-Royce supplies eight battery containers for power grid stabilization and power trading to VISPIRON
Battery storage systems from Rolls-Royce make an important contribution to the success of the energy transition VISPIRON uses mtu EnergyPacks in solar parks in Germany Rolls-Royce has already delivered six of a total of eight mtu EnergyPacks to VISPIRON, the southern German provider of sustainable mobility and energy solutions. The battery storage systems have largely […]
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Gas
Enel Gas-Fired Plant Will Use Rock-Based Energy Storage System
Two groups involved in innovation for power generation, including Italy’s largest utility, have teamed to build a rock-based energy storage system to capture excess power at a natural gas-fired power plant in Tuscany. Italy’s Enel, along with Israel’s Brenmiller Energy, have said the project aligns with their efforts to test new technologies to increase flexibility […]
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Power
How Rural Communities Can Benefit from the Energy Transition
Economic development can be a challenge for leaders in rural communities. Often, it’s hard to attract businesses to rural areas because the local workforce may not have the skills or numbers required to meet companies’ needs. But opportunities that haven’t been widely available in the past exist today for rural communities due to the energy […]
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Press Releases
WATTMORE and Urban Electric Power selected to join Newlab’s Resilient Energy Studio, will team up to bring energy storage solutions to NYC
Brooklyn, New York, Nov. 1, 2022 — WATTMORE, a climate tech start-up building an adaptive Energy Management Software platform for managing and operating the coming wave of scalable energy storage projects, has been chosen along with battery innovator Urban Electric Power to participate in the Resilient Energy Studio, a partnership between the New York City […]
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News
Storage-as-Transmission Project Announced for Germany
A project known as Netzbooster, or Grid Booster, is being deployed in Germany, designed to improve the efficiency of the country’s existing power grid infrastructure. Fluence Energy GmbH, a subsidiary of
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Renewables
Investment Bank ‘Mobilizing’ up to $115 Billion for Renewables, Energy Storage and More in EU
The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]
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Press Releases
Amprius Technologies Among First Funding Recipients From Biden Administration’s Bipartisan Infrastructure Law
FREMONT, Calif. (Oct. 20, 2022) — Amprius Technologies, Inc. (“Amprius”) (NYSE: AMPX), a leader in ultra-high energy density lithium-ion batteries with its Silicon Nanowire Anode Platform, today announced that the company was awarded a $50 million cost sharing grant from the U.S. Department of Energy (“DOE”)’s Office of Manufacturing and Energy Supply Chains (“MESC”). Amprius is […]
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Press Releases
Quinbrook and Primergy Solar Partner with APG on Gemini Solar + Storage Project
New York, NY – October 12, 2022 – Quinbrook Infrastructure Partners (“Quinbrook”), a specialist investment manager focused exclusively on the new infrastructure needed for the energy transition, and its portfolio company Primergy Solar (“Primergy”) announced today the sale of a minority equity stake in its US$1.2 billion Gemini Solar + Storage project outside of Las […]
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Solar
Australia Taking ‘Renewable’ Approach to Decommissioning Coal Plants
Australia stands at a crossroads when it comes to its energy strategy. On the one hand, the country has moved to embrace clean energy in the past few years, with renewables growing to 29% of total generation
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Press Releases
Zendure Launches Semi-Solid State Home Battery System, Addressing Global Issues of Energy Security and Climate Change
Palo Alto, CA – September 29, 2022 一 Zendure, one of the fastest-growing start-ups in the energy tech sector, today launched a Kickstarter campaign to fund SuperBase V, the first home energy system with semi-solid state batteries. Semi-solid-state batteries boast a 42% higher energy density and greater safety than lithium-ion phosphate (LiFePO4) batteries, providing homes […]
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Press Releases
Low-Cost and More Sustainable Battery Production for Electric Vehicles and Grid Storage Enabled by Sylvatex’s Advanced New Cathode Manufacturing Process
ALAMEDA, Calif. (Sept. 20, 2022) — To jump-start the energy transition and support the growing electric vehicle (EV) and grid storage markets, global lithium-ion battery capacity is expected to rise up to ten-fold in the next decade. The cathode active material (CAM) market alone will grow to $189 billion by 2032 and is the most expensive component […]
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Press Releases
Avantus Doubles Development Pipeline to 50 Gigawatts Representing Over $70 Billion of Investments in Clean, Reliable and Affordable Energy
LOS ANGELES & SAN FRANCISCO, California (Sept. 19, 2022) — Avantus (formerly 8minute), a leader in the clean energy transition, today announced that it has doubled its development pipeline over the last two years. Now exceeding 50 gigawatts (GW) of system capacity, including 42 GW of solar and 78 GWh of energy storage, the company’s […]