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News in brief from around the world of energy storage.
Articles tagged with: Advanced Microgrid Solutions
Infrastructure fund SUSI invests big in Macquarie-AMS California portfolio
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.
AMS’ California VPP at ‘important milestone’ with 2GWh of grid services delivered
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”.
Feature
Analysis
The case for C&I storage investigated
The commercial and industrial segment is one of the most promising sub-sectors of the energy storage space. Julian Jansen of IHS Markit describes recent efforts to model the US C&I storage landscape and what it reveals about this dynamic emerging market. As told to Andy Colthorpe.
IHS: Energy storage ‘as-a-service’ crucial to US C&I leaders’ business models
Leaders in the fledgling commercial and industrial (C&I) sector in the US have made energy storage ‘as-a-service’ the core of their proposition, a market analyst has said.
AMS taking ‘storage to new level’ with US$34m Series B investment
Business models used by Advanced Microgrid Solutions (AMS), including creating “Hybrid Electric Buildings” with energy storage, take the industry to a “new level”, VC investor Nancy Pfund has said.
AMS in partnership with Southern Company subsidiary, gets Massachusetts peak load reduction grant
A distributed infrastructure subsidiary of Southern Company, one of the US’ biggest utilities, has formed a partnership with Advanced Microgrid Solutions (AMS) to execute behind-the-meter distributed energy projects.
Macquarie closes ‘first of a kind’ financing on Powerpack 2 projects with AMS in California
A “first-of-its-kind” project financing deal will bring 50MW of Tesla Powerpacks online in California, Macquarie Capital, the investing and advisory arm of global finance corporation Macquarie Group has said.
Greensmith Energy chosen by Oncor to provide software for microgrid facility
Energy storage solutions and software company Greensmith Energy announced Tuesday that Oncor Electric Delivery has appointed Greensmith as the software provider for its microgrid facility in Dallas.
Analysis
Microgrids on the cusp
The remote microgrid market is maturing regarding technology and financing. Now improved sales and marketing methods are needed to commercialise the huge potential on offer in this burgeoning market segment, writes Thomas Hillig.
San Diego schools take 6.3MWh Green Charge storage systems
A dozen San Diego schools in the Poway district of San Diego, California, have taken energy storage systems from Green Charge, with 6.3MWh cumulative capacity.
AMS to install 7MW of Tesla Powerpacks at California water utility
Tesla strikes again in Southern California Edison’s infrastructure overhaul, picking up 7MW battery storage contract at Orange County water agency.
Advanced Microgrid Solutions gets US$200 million finance from Macquarie
Energy storage system integrator Advanced Microgrid Solutions (AMS) has secured US$200 million of project finance from Macquarie.
Tesla batteries to help tackle California’s drought
Tesla batteries in microgrids will be deployed to help integrate renewable energy into California’s interdependent “water-energy nexus”, as the state faces it worst drought on record.
Interviews
DBL: Picking storage plays for positive social impact and positive returns
PV Tech Storage spoke to Nancy Pfund of ‘social impact’ investors DBL Partners, among Tesla’s early backers and participants in two of the top five VC fund plays of this year’s third quarter.
Mercom: Storage funding down slightly overall but average deal size grew in Q3
Financial activity in the third quarter of this year was slightly flatter than Q2 for smart grid, batteries, energy storage and energy efficiency, but the average deal size grew, according to Mercom Capital Group.
Interviews
Mercom on corporate VCs, angel investors and the Will Smith effect in Q2 storage investment
Mercom Capital Group’s second quarter 2015 report into VC funding in the energy storage, smart grid and energy efficiency sectors made for interesting reading for the battery and storage space. As PV Tech Storage noted on 21 July from the report, VC funding almost doubled over the first quarter of the year and the sector saw Arnold Schwarzenegger put his money where his green credentials are, bringing some celebrity investor gloss to the proceedings. PV Tech Storage spoke to Mercom Capital chief Raj Prabhu to delve deeper into the statistics.