Decision-makers across Canada now recognise the value that energy storage can bring to the grid, with Ontario’s grid operator establishing its first-ever set of market rules for energy storage’s participation.
US Secretary of Energy Jennifer Granholm said yesterday that flow batteries are “good for grid storage” as her Department of Energy (DoE) announced funding to support domestic manufacturing for the energy storage technology.
This year’s Winter Storm Uri caused havoc in Texas, particularly in the energy sector, where extreme weather and a resultant set of generation problems and transmission grid issues led to loss of power and even loss of life across the US state. Ricardo F. Rodriguez, a senior consultant from analysis and research group Guidehouse looks at another aspect of the situation: the impact on the state’s telecommunications infrastructure and how battery energy storage could provide a greater degree of certainty and resilience to this vital network.
The CEO of US virtual power plant provider Swell Energy has said that New York utility company Con Edison has been “very progressive” in recognising the value that aggregated home battery systems paired with solar can offer.
Energy storage project developer Convergent Energy + Power has contracted GE Renewable Energy to supply key equipment to a three-site large-scale solar-plus-storage hybrid resource project in New York State.
Stem Inc has revealed its financial results for 2020 ahead of listing on the New York Stock Exchange, admitting that despite expecting a fourfold increase in revenues this year, the company is unlikely to achieve profitability until at least the end of next year.
The new episode of the Solar Media Podcast, sponsored by Honeywell, is now available stream, as we take a look at US Energy Secretary Jennifer Granholm’s in-tray and explain why solar module prices could be set for a short-term price increase.
Two standalone battery energy storage systems (BESS) totalling 200MW of output will be deployed in Texas’ ERCOT market by the energy division at Wärtsilä Corporation.
LG Energy Solution, formerly known as LG Chem, has announced plans to invest in significantly increased production capacity within the US for batteries to be used in electric vehicles (EVs) and energy storage systems (ESS).
A US$75 million national research and development (R&D) facility for energy storage is expected to be up and running by 2025, the US Department of Energy said yesterday.
