New software that helps businesses and utilities in the US to assess the value of energy storage has been launched by Sandia National Laboratories, while the Electric Power Research Institute (EPRI) has launched its own platform for calculating the value of distributed energy resources (DERs).
The California Public Utility Commission (CPUC) has tabled plans to mitigate a potential shortfall of electricity through the rapid procurement of new capacity over the next five years, 90% of which must be non-emitting firm resources.
Connecticut’s Senate has passed a bill targeting the deployment of 1,000MW of energy storage by the end of 2030, which when signed into law by the state’s governor will make it the eighth state jurisdiction in the US so far to introduce either a target or mandate for energy storage.
Standalone battery energy storage can potentially offer better value to the US electricity system than pairing batteries directly with solar or wind generation, but the pros and cons of each approach vary greatly from project to project.
Canadian Solar has been on a “transformational journey to accelerate demand” for its battery energy storage services, CEO Dr Shawn Qu said while discussing what has been a quarter beset with difficulties for the company’s solar manufacturing business.
Leading US residential solar and storage provider Sunrun has partnered with automaker Ford as the installer of home charging systems for its F-150 Lightning truck.
Stem Inc claimed to be on track to achieve its 2021 full year revenue guidance of US$147 million, after reporting a year-over-year increase in revenues of 245% for the first quarter ending 31 March.
New technology which can help prevent flammable gas build-up in lithium-ion battery storage systems is being made available for “low-cost, non-exclusive licensing” by the US Department of Energy’s Pacific Northwest National Laboratory (PNNL).