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The growth potential of energy storage has drawn interest from some of the biggest names in the power business and beyond. With the trend set to continue, Andy Colthorpe explores how three recent acquisition targets are faring under new ownership. Taken from the pages of PV Tech Power Vol.19, Part 1 of this article was published on the site last week.
Phase-out plans of US utility giants underscore money-saving potential of cleaner alternatives, says think tank.
Japanese conglomerate Marubeni Corporation has invested in US-based company, GridMarket, which is focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.
Volume 19 of PV Tech Power has just hit the (digital) shelves and once again the quarterly technical journal from our publisher Solar Media includes ‘Storage & Smart Power’, the dedicated section created and curated by Energy-Storage.news.
Having bested coal generation and gas peaker plants, solar-plus-storage is now competing with gas in other parts of the generation mix.
Southern California Edison, one of the US’ top-ranking utilities for energy storage capacity already deployed, has signed contracts for seven more projects, totalling 195MW in its California service area.
US$400 million of funding pledged by New York’s state Governor Andrew Cuomo last week towards his “comprehensive climate agenda” will include US$280 million in support for energy storage.
In the latest release, Sandia has emphasised the growth in interest in behind-the-meter (BTM), customer-sited energy storage systems.
A large-scale energy storage project to be built in Texas will take advantage of the system’s flexibility to deliver multiple services, as opportunities grow in the state’s Electricity Reliability Council of Texas (ERCOT) market.
The ‘world’s first dedicated energy storage infrastructure fund’ will invest in California battery energy storage projects, with Macquarie set to sell 50% of a 340MWh tranche to the fund’s owner, SUSI Partners.
Many of the most polluting thermal power plants on the US grid today are also the most lucrative to run, but the service they provide could already be done twice as cheaply using solar and storage, developer 8minutenergy has claimed.
A large tranche of utility-scale solar – and storage – projects in Hawaii has been approved by the state’s Public Utilities Commission (PUC), each quoting a cost per kilowatt hour of US$0.10 or under.
Major US utility Florida Power & Light Company (FPL) is planning to build the world’s largest battery energy storage system adjacent to an existing solar power plant, with plans to roll out multiple other storage systems across the state.
China’s BYD has signed a deal which could see up to 100MWh of its systems deployed in Mexico as part of a distributed energy and large-scale solar buildout by finance group Pireos Capital.
A contract with utility Southern California Edison (SCE) has led to Advanced Microgrid Solutions (AMS) supplying 2GWh of grid services from just 60MWh of energy storage during 2018, with one analyst dubbing the feat an “impressive milestone”.
As well as Elon Musk remarking that the company may have had its “best ever quarter” for solar since the SolarCity takeover, Tesla’s energy storage deployments have enjoyed a ramp up, while a fellow exec hinted the stationary battery business is constrained by cell supply.
California’s recent droughts and ongoing need to economise water use have inspired more commercial energy storage at a local water board, with ENGIE Storage delivering a project for the San Diego Water Authority.
While research published this week demonstrates that the US as a whole is embracing energy storage technology, with regulator FERC's recent wholesale market ruling likely to have a "significant impact", the picture varies greatly when looking from state-to-state, an analyst has said.
San Diego Gas & Electric (SDG&E), one of California’s three main investor-owned utilities (IOUs), said this week that it will add resilience and backup capabilities to public sector buildings through the procurement of “up to 166MW” of energy storage.
While energy storage system price declines have slowed down in recent times in the US, standardisation of design and engineering will be among the key drivers in bringing down balance-of-system hardware and EPC costs.
Kicking off with an unprecedented wave of policy commitments, 2018 promises to be an exciting year for energy storage in New York State. William Acker at NY-BEST explains what's going on - and what should happen next.
News in brief from around the world of energy storage.
A unanimous vote taken by the US regulator FERC (Federal Energy Regulatory Commission) which would allow energy storage and other distributed energy resources to play into wholesale markets has been hailed as a “significant step” forward.
Utility Florida Power & Light claims that a just-completed battery addition will increase output from a large-scale solar farm in its home state, thought to be the first time a DC-coupled solution has been used at this scale in the US.
Vertically-integrated solar energy company First Solar will be involved in the first megawatt-scale battery system announced in Arizona since it was revealed the state could put a 3,000MW energy storage deployment target in place.
In part 2 of a technical paper first published in PV Tech Power Vol.13, Alex Eller of Navigant Research continues his look at how one of the most significant expenses for electric utilities, maintaining and upgrading transmission and distribution (T&D) networks, could be undercut using non-wires alternatives - including energy storage.
Tesla reported another major decline in its residential solar installations for the fourth quarter of 2017, while a supply shortage for its residential energy storage system ‘Powerwall 2’ has created a customer backlog of solar and storage installs of more than one year.
A spokesman for S&C Electric has confirmed the company will no longer be producing its power conversion system (PCS) for energy storage systems but will remain in the market as a system integrator.
Innovations in new distributed energy technologies are challenging conventional thinking around the most effective ways to serve electricity customers and utilise grid infrastructure. Alex Eller of Navigant Research looks at how one of the most significant expenses for electric utilities, maintaining and upgrading transmission and distribution (T&D) networks could be undercut using non-wires alternatives - including energy storage.
Younicos will carry out another project to retrofit lithium-ion batteries in replacement for an existing lead acid battery system at a wind farm, this time in Hawaii.