storage
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News
What’s Driving the Rise of Behind-the-Meter Distributed Energy Resources
A substantial shift in implementation of distributed energy resources (DERs) is on the horizon with the collision of new technologies and higher energy demand. Innovation is spawning an abundance of potential
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News
Investments in Storage Grow as Project Costs Come Down
Venture capital investments in battery storage companies and projects rose significantly year-over-year through the first six months of 2019, according to a report from Mercom Capital Group. That level of activity is consistent with the growth in energy storage noted by speakers on July 24 at the Storage Week Plus conference in San Francisco, California. […]
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Connected Plant
Stem, Syncarpha Capital Partner on Solar+Storage
MILLBRAE, Calif. – July 9, 2019 – Stem, Inc., the global leader in Artificial Intelligence (AI)-driven energy storage services, announced a new partnership with Syncarpha Capital, LLC, a New York based private equity firm that develops, owns and operates distributed photovoltaic solar energy systems as well as energy storage systems, to build 28.2 megawatt-hours (MWh) […]
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News
Blockchain Pilot Shows Promise for Grid Balancing
A blockchain pilot wrapped up by European transmission operator TenneT and storage solutions provider sonnen Group this May showed “tremendous potential” when used to network decentralized home storage
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News
Duke Energy Projects Lead Carolinas’ Solar Expansion
Duke Energy on April 17 announced it will develop six utility-scale solar power projects in North Carolina, among 14 solar projects chosen as part of the state’s Competitive Procurement of Renewable Energy (CPRE) program. The 14 projects—10 in North Carolina and four in South Carolina—could cost as much as $772.5 million to build according to […]
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Press Releases
GE Renewable Energy to Implement DC-Coupled Solar and Battery Energy Storage Hybrid System in Upstate New York
PHOENIX, Arizona (April 15, 2019) — GE Renewable Energy today said is has reached an agreement with Helios Energy to deliver two energy storage systems to be integrated with solar arrays for the Lenox Solar / Energy Storage project in Lenox, NY. The hybrid system will be installed in upstate New York at the end […]
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Storage ITC Bill Gains Key Industry Backers
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.), […]
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Wind Industry Prepares for Massive Expansion
Construction activity on wind projects across the U.S. surged to a record level of more than 20 GW in the third quarter of 2018, and about 35.1 GW of new wind capacity was under construction or in advanced development at the end of 2018, according to the American Wind Energy Association (AWEA). In 2018, the […]
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News
N.C. Officials Order Duke Energy to Excavate Coal Ash Ponds
North Carolina officials have ordered Duke Energy to excavate all its coal ash storage ponds in the state, saying the utility’s current plan for its coal ash sites does not sufficiently protect groundwater. The directive issued April 1 comes after regulators in other states, including Virginia, issued similar rulings regarding coal ash disposal in those […]
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News
India Installs Its First Grid-Scale Battery Storage System
India’s first grid-scale battery-based energy storage system was launched in February. The 10-MW system is owned by AES Corp. and Mitsubishi Corp., and operated by Tata Power Delhi Distribution Ltd. (Tata
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