New York utility Con Edison is offering local businesses incentives to install over US$5 million of thermal energy storage systems that kick in during peak hours, and can be controlled remotely.
US-based power firm Duke Energy plans to increase the energy storage capacity of its Bad Creek pumped storage hydroelectric station by 200MW between the years 2021 and 2024.
Canadian manufacturer Sentinel Solar has announced a ‘plug-and-play’ energy storage system, the AHI Wave ESS, for residential use.
The US installed 41.2MW of energy storage capacity in the second quarter of 2016, up 126% from 18.3MW in Q1, according to the latest report from GTM Research.
Lithium-ion energy storage manufacturer Leclanché saw revenue of around CHF28 million (US$28.89 million) through H1 2016, up 65% year-on-year, according to the firm’s interim results for the half year ending 30 June 2016.
Vanadium redox flow technology provider redT energy has passed its G59 pre-testing for its 15kW / 240kWh vanadium flow energy storage systems, which are located at the Power Networks Demonstration Centre (PNDC) in Cumbernauld, Scotland.
NEC Energy Solutions, a subsidiary of IT and network integration firm NEC Corporation, has unveiled a new distributed energy storage product for commercial and industrial (C&I) customers.
Behind-the-meter storage is forecast to become a larger segment than grid-scale storage by 2021, and could pose a potential threat to utilities, according to Bloomberg Energy Finance (BNEF) senior analyst Logan Goldie-Scot.
A new report from Bloomberg New Energy Finance (BNEF) details how more than US$8 billion will be invested in new-build energy storage in the year 2024, driven by an increase in deployment of behind-the-meter storage.
Around 90 companies, including EDF, Enel and Engie, have expressed interest in financing and implementing research and development (R&D) projects relating to energy storage integration in Brazil, according the country’s energy regulator ANEEL.
