Ideal Power, the US company best known for its power conversion systems for energy storage, has announced two recent project orders totalling 1.6MW in northern Texas and in California.
Despite a bill to create a rebate programme for energy storage systems purchased in California being dropped from a recent round of legislative decision-making, the state’s industry still has a “bright future”, commentators have said.
Potential developers for a 500MW pumped hydropower energy storage facility at a reservoir in San Diego have until mid-September to respond to a request for proposals (RfP).
A 2MW utility-scale battery energy storage system has been successfully built and connected for California municipal utility Glendale Water & Power (GWP).
Nancy Pfund is managing partner at DBL Partners, a venture capital firm which specialises in investing in companies and start-ups that offer both rewarding financial returns, and positive social impacts. There have been some serious clean tech companies in DBL’s portfolio, including a pre-IPO investment in Tesla. With this in mind, we spoke to Nancy about how to invest in energy storage wisely and heard her views on the waves of the future. Part 2 to be published tomorrow.
An analyst at Navigant Research has said he was surprised to see Tesla dominate California’s SGIP (Self-Generation Incentive Program) applications, with the Silicon Valley car and tech company accounting for half of all requested funds.
The US state of California’s Senate has approved a bill that would provide rebates to customers for the purchase of energy storage systems, bringing the legislation a step closer to introduction.
Even if the US withdraws from the Paris Agreement on climate change, economics and popular support for clean energy mean the industry will not lose its momentum, the chief commercial officer of Younicos has said.
