The commercial and industrial segment is one of the most promising sub-sectors of the energy storage space. Julian Jansen of IHS Markit describes recent efforts to model the US C&I storage landscape and what it reveals about this dynamic emerging market. As told to Andy Colthorpe.
Australia-headquartered engineering and professional services company WorleyParsons said its first EPC contract for a battery storage project in the US shows how the energy sector is moving from “mega projects” to “portfolios of smaller projects”.
Enel has become the latest big name to spy opportunities in the commercial and industrial (C&I) energy storage space in Ontario, Canada, signing an agreement this week for its first project in the region.
PV inverter manufacturer Sungrow and energy storage system integrator / software specialist Greensmith are working on the first community solar-plus-storage project to be delivered in the US state of Massachusetts.
Oil and gas giant British Petroleum has partnered with Tesla to install a storage battery at one of its subsidiaries’ wind farms in South Dakota, US, as part of a pilot program which could see the firm further embrace battery storage.
Flow battery manufacturer VIZn Energy has confirmed that nearly all its employees have been “furloughed” amid financial difficulties, but denied that the company has exited the business altogether.
Cypress Creek Renewables, which developed 1GW of PV projects in an 18-month stretch up to the beginning of this year, has used Lockheed Martin’s lithium-ion battery storage solutions in a dozen just-completed solar-plus-storage projects.
The energy industry is evolving towards more ‘enterprise platform’-based business models, enabling energy storage to play a vital role for businesses and the grid, NEC Energy Solutions (NEC ES) CEO Steve Fludder has said.
Projects being delivered for the University of Hawaii will allow various campus buildings to eliminate 70% to 100% of fossil fuel use as the state races towards its 100% renewables by 2045 target.