China-based EV and storage specialist BYD is to supply batteries to projects built by Silicon Valley commercial energy storage provider Green Charge, which is a subsidiary Engie North America.
US trade association groups, the Energy Storage Association and Solar Energy Industries Association (SEIA), have called on their respective industries to assist hurricane relief efforts in the US and its territories.
While it may seem like an obvious choice for US states to include energy storage into their Renewable Portfolio Standard (RPS) commitments, in reality, standalone targets and mandates for energy storage procurement have been preferred.
Green Charge, a subsidiary of Engie, will install 1.6MWh of energy storage alongside solar at five schools in California’s Visalia Unified School District.
Senator Martin Heinrich has proposed granting tax relief for purchasers of energy storage systems, in a similar way to how the Investment Tax Credit (ITC) is applied to residential solar PV purchases.
Two US Senators introduced a bill in Congress at the beginning of this week that would require the national Secretary of Energy to establish research and demonstration programmes and deployment strategies for energy storage, if passed.
Duke Energy announced plans to install North Carolina’s two largest battery storage systems — which stands as a US$30 million investment as part of Duke Energy’s Western Carolinas Modernisation Plan.
China-based technology giant BYD has installed the first of its residential high-voltage B-Box energy storage systems in Germany and is aiming to launch the system into the US later this year.
California-based energy storage technology developer Gridtential announced that it has closed US$11 million in financing led by 1955 Capital, with assistance from East Penn Manufacturing, Crown Battery Manufacturing, Leoch International and Power-Sonic Inc., as well as an existing investor in The Roda Group.
