Tualatin, Oregon-headquartered Powin Energy has partnered with Eaton to deliver their 2MW expedited energy storage product which was procured to address the energy shortages the LA Basin faced as a result of the four-month long methane leak.
San Diego, California’s ultracapacitor-based energy storage manufacturer Maxwell Technologies has signed a stock purchase agreement with China’s SFIC Fund Management – a significant investor in China’s storage industry – at US$6.32 per share.
California’s Self-Generation Incentive Program (SGIP), the scheme to incentivise the use of distributed energy, opens for applications at the beginning of next month, weighted to favour energy storage.
With over 180MW of energy storage projects under its belt, Greensmith Energy is beginning to be seen as one of the cornerstone players of the rapidly growing US – and global – market. President and CEO John Jung spoke to Energy-Storage.News
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.
Utility San Diego Gas and Electric (SDG&E) and Sumitomo Electric (SEI) have launched a 2MW/8MWh pilot vanadium redox flow battery storage project in California to study how the technology can reliably integrate renewable energy and improve flexibility in grid management.
Led by a record-breaking final quarter, energy storage reached 336MWh in 2016, growing 100% in megawatt-hours from 2015’s installed capacity, despite staying roughly flat in megawatts with 221MW deployed last year.
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.
