Corporate funding into the battery storage sector in the first quarter of this year totalled US$4.7 billion across 17 deals, a huge leap from the equivalent period of last year, according to a new report from Mercom Capital.
For the US to thrive while achieving its decarbonisation goals, it needs a robust clean energy economy, creating well-paid jobs and a strong trajectory for technical innovation, argues Philip Brennan, CEO of Echogen, an Ohio-based provider of waste-heat recovery systems and electro-thermal energy storage solutions.
The residents of Parlier, a small city in Fresno County, California, are being offered a 20% reduction on their energy bills and reduce the amount of power they buy from utility Pacific Gas & Electric by 90%, by getting solar-plus-storage and energy efficiency equipment installed.
Energy-storage.news speaks with Ameresco executive VP and general manager, at its Federal Solutions division, Nicole Bulgarino, who tells us about why this type of project can play such a critical role in proving the case for smart energy solutions that include battery storage.
Microgrid projects on three different continents that include multiple megawatts of battery storage alongside renewable energy have been announced in the past few days from well-known industry players.