California-headquartered grid-scale electrical energy storage company Primus Power has secured US$32 million in equity financing from a range of investors including a well-known Saudi family, to help accelerate its EnergyPod 2 storage system.
Time is running out for stakeholders offering comments to Washington’s Utilities and Transportation Commission (WUTC) on its draft policy statement regarding how energy storage is treated by investor-owned utilities’ (IOUs) in their integrated resource planning (IRP).
EDF Renewable Energy has created a new business unit, Distributed Electricity and Storage (DES), which will focus on distributed solar and storage projects up to 30MW.
US battery and energy storage system manufacturer Aquion Energy has declared bankruptcy under Chapter 11 and offloaded 80% of its employees, according to a company release.
US utility Southern California Edison (SCE) is looking to acquire distributed energy projects to help strengthen the grid in the Goleta area of Santa Barbara, California.
In anticipation for the expected reopening of the Self-Generation Incentive Program (SGIP), SimpliPhi Power and CivicSolar are partnering up to provide energy storage solutions for residential solar installers in California.
Utility San Diego Gas and Electric (SDG&E) and US-based storage provider AES Energy Storage, a subsidiary of AES Corporation, have completed what they claim to be the world’s largest lithium-ion battery energy storage facility in Escondido, California.
Berlin-based energy storage firm Younicos will design, install and commission an upgraded 3MW battery-based energy storage system on Kodiak Island, Alaska, pursuant to an agreement with the Kodiak Electric Association (KEA).
A new model that involves paying customers to host energy storage batteries in front of the meter should help stakeholders to optimise financial gains from storage, according to analysis from Navigant Research.
Electric car maker turned ‘integrated sustainable energy company’ Tesla installed 98MWh of energy storage in the final quarter of 2016, according to its financial results released last week.
