ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s energy storage subsidiary earned in the first half of this year.
An examination, analysis and perspectives on the takeaways and highlights beyond the hype of Tesla’s latest and most ambitious plans yet, from market analysts, technologists and more.
Legislation to help the US economy invest in clean energy jobs and support innovation and industry passed the House of Representatives this week – and Energy Storage Association (ESA) CEO Kelly Speakes-Backman applauded the prominent inclusion of energy storage in the bill.
Update 24 September 2020: A few hours after the publication of this story, Entergy made public a new pledge to reach carbon neutrality by the year 2050. The company said that while it commits to this goal it will remain committed to “grid reliability and affordability for customers”.
It will be in the interests of more or less everybody involved in the “broader lithium-ion battery supply chain” to establish effective recycling ecosystems, according to an analyst with IHS Markit.
New software solutions aimed at streamlining the process of deploying commercial and industrial (C&I) energy storage and for correctly sizing energy storage for distributed solar have been launched in the US.
Tesla hosted its Battery Day yesterday in California before a socially-distanced audience all sat in various electric cars from the company’s range and revealed its ambitious plans for more than halving the cost of battery production.
A solar-plus-storage project in New York which has just been completed is the first community project of its type and should help lower electricity costs for participants by 10% for the next 25 years.
The US state of Tennessee is set to join the advanced energy storage age with the deployment of a 40MWh stationary grid-connected battery storage plant.
Whatever technology or strategy announcements come from Tesla’s Battery Day, speculation that the company will reduce purchases of battery cells from partners as a consequence is incorrect, CEO Elon Musk has said.
