Between CA$1.5 billion (US$1.12 billion) and $4 billion in electricity system cost savings could be achieved by Ontario’s Independent Electricity System Operator (IESO) by installing 1,000MW of energy storage by 2030, according to a new study commissioned by Energy Storage Canada.
Technology infrastructure company Switch and asset management firm Capital Dynamics have announced the groundbreaking of three developments in Nevada, one of which is claimed to be the largest behind-the-meter solar project in the world.
Tesla CEO Elon Musk and fellow executives talked up the potential for Tesla Energy to reach “roughly the same size” as the company’s automotive business in an earnings call with analysts held yesterday.
Funding into battery storage companies fell dramatically in the first half of 2020 compared to last year’s equivalent period, according to the latest reporting from Mercom Capital.
Enel Green Power has broken ground on its first solar-storage hybrid project in the US, setting its sights on deploying 1GW of energy storage over the next two years in the process.
Public utility NV Energy has announced plans to build three solar parks with battery storage and a large-scale transmission line project in Nevada, as it looks to transform the state’s clean energy landscape.
UK-headquartered distributed energy services provider Kiwi Power has made its first official expansion into the US, operating in the ERCOT market of Texas and planning a further step into the PJM Interconnection service area.
The US utility-scale energy storage market is projected to maintain its position as the world’s largest and fastest-growing in the coming years, according to a new report from Guidehouse Insights.
