Hecate Energy and InfraRed Capital Partners have announced a partnership to form a new energy storage company called Hecate Grid, which will develop, build, own and operate utility-scale energy storage projects across North America.
New York plans to incentivise commercial and industrial (C&I) solar-plus-storage projects, kicking off by making $40 million funding available to support 50MW of storage paired with solar from early November.
As part of Duke Energy’s efforts to advance battery storage technology within the Carolinas, the company announced US$500 million in projects over the next 15 years within both US states.
Rapid, far-reaching and unprecedented change is required to limit climate change to 1.5C, the Intergovernmental Panel on Climate Change (IPCC) has warned.
Nevada could cost-effectively deploy between 750MW and 1,000MW of energy storage by 2030, according to an economic study commissioned by the state’s rulemakers to investigate the potential for the technology.
First developed by NASA, flow batteries are a potential answer to storing solar – and wind – for eight to 10 hours, far beyond what is commonly achieved today with lithium-ion. In the second of a two-part special report, Andy Colthorpe dives deeper into questions of bankability, market segmentation and manufacturing strategies with four very different providers of flow energy storage technology.
Charges of fraud levelled at Elon Musk after the Tesla CEO recently tweeted his desire to take the company into private ownership have resulted in a settlement with the US Securities and Exchange Commission (SEC) and an agreement that Musk will step down in his other role as chairman of the company’s board.
While the relationship between renewable energy and energy storage is a close one, combining storage with natural gas is also an important stepping stone measure in the transition to 100% renewables, Energy-Storage.news has heard.
