NEC’s Energy Solutions division, which has been responsible for NEC Corporation’s activities in the battery energy storage industry, is “going out of business” according to a report by Bloomberg.
NEC announced the award of six projects throughout counties in Massachusetts and Maine yesterday, including a 3MW / 6MWh project just contracted with Taunton Municipal Lighting Plant.
Solar PV paired with energy storage at scale could be provided to utilities at just US$0.10 per kilowatt hour, using advanced battery technology, one manufacturer has claimed.
E.ON Climate & Renewables North America is to build a 10MW battery energy storage facility with a 2MW solar array in collaboration with Arizonan utility Tucson Electric Power (TEP).
Efforts to modernise New York’s grid would be best served by adding 2GW of multi-hour energy storage by 2025 and 4GW by 2030, and enable the achievement of renewable energy targets, according to NY BEST.