Energy storage

GlidePath Power Solutions, an independent energy storage developers, announced its acquisition of a 149-MW portfolio of wind farms in North Texas. The transaction adds to GlidePath’s operating portfolio of U.S. wind, solar, and storage projects ,and provides the company with a unique opportunity to optimize the performance of the wind farms though the addition of…

Southern Company recently joined with industry researchers to launch the Energy Storage Research Center, a unique research and development (R&D) facility focused on the development and deployment of next-generation energy storage technologies. Located on the engineering campus of Southern Research in Birmingham, Alabama, the project is a collaboration between Southern Company, Alabama Power, Southern Research,…

Global energy storage installations will multiply exponentially, from a modest 9 GW / 17 GWh deployed as of 2018 to 1,095 GW / 2,850 GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). This 122-fold boom of stationary energy storage over the next two decades will require $662 billion of investment,…

Momentum is gaining around an industry shift toward utility-scale battery storage systems nationally, finds a new report published by the Institute for Energy Economics and Financial Analysis (IEEFA). The report entitled, Advances in Electricity Storage Suggest Rapid Disruption of U.S. Electricity Sector, details upstart storage and storage-expansion projects in Arizona, California, Hawaii, Florida, Massachusetts, New Hampshire, Nevada, Texas,…

The energy storage industry continues to gain momentum around the world as industries of all types are actively working to minimize their carbon footprints and increase profits. According to a new report from Navigant Research, utilities and project developers can reap the benefits of energy storage, without large upfront investment, through mobile advanced battery solutions.…

Navigant Research and InfraRed Capital Partners announced the launch of Compass Energy Platform, LLC, a joint venture that provides an innovative platform to help cities and utilities develop and finance local energy infrastructure solutions. Compass leverages a public-private partnership financing model and provides access to the services of expert engineering and construction service providers, among…

CleanSpark, Inc. — a microgrid company with advanced engineering, software, and controls for innovative distributed energy resource (DER) and microgrid deployments — announced that it has secured a $2.5 million in orders for its intelligent automatic transfer switch (ATS) switchgear. The company’s Intelligent ATS switchgear is used to automatically transfer power supply from its primary…

Last year, the U.S. energy storage market nearly doubled, and it is expected to double again in 2019. In fact, the final quarter of 2018 broke the previous record for megawatt-hours deployed in a single quarter by 50%, according to a report from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). Although…

EVgo, the nation’s largest public electric vehicle (EV) fast-charging network, announced that it has contracted for 100% renewable energy to power its customers — becoming the first EV charging network in the United States to do so. According to the U.S. Environmental Protection Agency, nearly 30% of all greenhouse gas emissions in the U.S. come from…

Energy Secretary Rick Perry has announced $89 million to support innovative, advanced manufacturing research and development projects. This Department of Energy (DOE) Funding Opportunity Announcement (FOA) tackles key Departmental priorities — such as domestic manufacturing for energy storage. “Embracing new technologies that drive innovation in American manufacturing is the key to creating real-world progress that…

The global battery energy storage market is forecast to grow to $13.13bn by 2023. Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023, according to GlobalData, a data and analytics company. The company’s latest report Battery Energy Storage Market, Update 2019 reveals that the fall in…

A digital map detailing more than 120 lead battery-powered energy storage projects has been unveiled by the Consortium for Battery Innovation (CBI). The map, published online for the Energy Storage Association’s (ESA) annual conference held in Phoenix, Arizona this week includes diverse case studies demonstrating successful lead battery energy storage installations from the United States,…

Yesterday, Senators Heinrich (D-NM) and Gardner (R-CO) introduced bipartisan legislation to create an energy storage investment tax credit (ITC). It currently has 10 cosponsors representing a diverse collection of states. The legislation, labeled the Energy Storage Tax Incentive and Development Act, is a companion bill to legislation introduced by Rep. Doyle in the House last week…

U.S. Rep. Mike Doyle, D-Pa., introduced a bill today that would establish a federal investment tax credit for business, residential, and utility-scale use of batteries and other energy storage technologies. Among other things, the legislation seeks to establish a 30% tax credit for both commercial and residential energy storage through 2021. That incentive would be…

The U.S. energy storage market nearly doubled in 2018 and is expected to double again in 2019. This is according to Wood Mackenzie Power & Renewables and the Energy Storage Association’s (ESA), “U.S. Energy Storage Monitor 2018 Year-in-Review.” The report found that 777 megawatt-hours of grid-connected energy storage were deployed in the U.S. in 2018,…

  Written by Chris McKay Director North American Sales, Power Systems Northern Power Systems Back in 2017, GTM Research published a report on the state of the U.S. energy storage market through 2016. The study projects that by 2021 deployments of stored energy — a combination of residential, non-residential, and utility systems — will grow…

Nearly every U.S. state saw an increase in clean energy jobs in 2018, combining to add about 110,000 net new jobs for a growth rate of 3.6%, according to a new analysis of energy jobs data by the national nonpartisan business group E2 (Environmental Entrepreneurs). Overall, clean energy jobs totaled more than 3.26 million at the end…

The New York State Energy Research and Development Authority (NYSERDA) has released its new Battery Energy Storage System Guidebook to assist local permitting authorities and the energy storage industry across New York State in navigating the siting and review processes for the development of battery energy storage projects. The Guidebook represents the first comprehensive set…

A new Leaderboard Report from Navigant Research examines the strategy and execution of 12 remote microgrid companies, with ENGIE, ABB, and Optimal Power Solutions ranked as the leading market players. In 2018, the global market for remote microgrids represented about $3 billion in implementation spending, and it is expected to jump to more than $10.2 billion by…

A global battery consortium charged with advancing lead battery technology has re-launched as it prepares to unveil a raft of new research designed to take the technology to the next level. The Consortium for Battery Innovation, which includes more than 90 member companies worldwide supporting pre-competitive research into lead battery technology, is preparing for a surge in…