A “first-of-its-kind” project financing deal will bring 50MW of Tesla Powerpacks online in California, Macquarie Capital, the investing and advisory arm of global finance corporation Macquarie Group has said.
According to the latest GTM Research figures, energy storage is coming into its own and is no longer confined to a handful of US states. 21 states now have 20MW of storage projects proposed, in construction or deployed. Further, 10 states have pipelines of more than 100MW.
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).
