BIRD Energy, a foundation jointly created by the US Department of Energy (DoE) and Israel’s Ministry of Energy (MoE) will invest around half the amount required to fund US$12 million of solar, storage, energy efficiency and microgrid projects in Israel.
The US government has been urged to recognise the “critical role” energy storage can play in making the grid cleaner and able to accept more renewable energy, by increasing the eligibility of batteries and other technologies to receive the Investment Tax Credit (ITC).
India Energy Storage Alliance (IESA) executive director and Energy-Storage.news guest blogger Dr Rahul Walawalkar has been appointed chair of the Global Energy Storage Alliance (GESA).
Stem Inc, which offers commercial and industrial (C&I) customers battery storage systems to lower their energy costs, has partnered with Canadian state-owned utility Ontario Power Generation to offer Ontario businesses ‘no-money-down’ energy storage solutions.
A proposal by Pacific Gas & Electric (PG&E), one of California’s three main investor-owned utilities (IOUs) to deploy large-scale energy storage to replace peaking natural gas plants has been approved by the state’s regulator.
Johnson Controls has sold off its power business, including its design and production of automotive batteries, to focus on management solutions for buildings and HVAC systems for industrial customers.
Two community energy suppliers in California followed up an agreement to buy power from a large-scale solar-plus-storage farm with another, project developer EDF Renewables has announced.
NantEnergy has acquired Sharp Electronics Corporation’s US-based energy systems and services business, which develops and delivers energy management systems across the country.
The global energy storage market will grow to a cumulative 942GW/2,857GWh capacity by 2040, attracting US$620 billion in investment, caused by sharply decreasing battery costs, according to a Bloomberg NEF (BNEF) report.
