Energy Storage News

Updated: 5 min 50 sec ago
  • September 26, 2018 - 15:23

    Zinc-Air Batteries Provide Power in Remote Areas

    NEW YORK — Remote villages in Africa and Asia are receiving electricity using a little-known type of technology: zinc-air batteries. The goal is to provide a battery that can capture renewable energy and store it for later use. California-based NantEnergy said Wednesday it has created a rechargeable zinc-air battery storage system that can provide power at a lower cost than lithium-ion systems.

  • September 26, 2018 - 13:04

    World Bank Group Commits $1 Billion for Battery Storage to Ramp Up Renewable Energy Globally

    NEW YORK, September 26, 2018 - In a major announcement at the One Planet Summit here today, the World Bank Group committed $1 billion for a new global program to accelerate investments in battery storage for energy systems in developing and middle-income countries. The program is expected to help these countries ramp up their use of renewables – particularly wind and solar power – improve energy security, increase grid stability and expand access to electricity. 

  • September 25, 2018 - 15:12

    Engie Na Unveils Largest Energy Storage System in Massachusetts in Cooperation with Holyoke Gas & Electric

    HOLYOKE, Mass.--(BUSINESS WIRE)--Sep 25, 2018--ENGIE North America and Holyoke Gas & Electric (HG&E) today unveiled Massachusetts’ largest utility-scale energy storage system at a ceremony at the Mt. Tom Solar Farm in Holyoke, Massachusetts. ENGIE Storage Services (formerly Green Charge) will operate the three-megawatt GridSynergy™ system, which will be fully integrated into the largest community solar farm in the state at a location adjacent to the former Mt. Tom Power Station. The former coal and oil-fired generation facility, 90 miles west of Boston, operated for more than 50 years and ceased operation in 2014. The energy storage system will enhance HG&E’s electricity system and help keep electric rates stable by reducing rising capacity charges for the utility and its customers. Additionally, GridSynergy will provide grid stability by responding quickly to electricity demand fluctuations; allow for the increased use of clean energy; and reduce peak load burden on the existing electrical distribution system.

  • September 25, 2018 - 13:24

    Energy Storage Association Seeks Clarity on Eligibility of Energy Storage for Investment Tax Credit

    The Energy Storage Association (ESA) recently issued a statement thanking U.S. Sens. Tim Scott (R-SC) and Michael Bennet (D-CO) for their efforts to obtain clarification on the eligibility of energy storage for the Investment Tax Credit (ITC). The Investment Tax Credit is currently a 30 percent federal tax credit claimed against the tax liability of residential and commercial and utility investors in solar energy property. The senators sent a letter on Sept. 20 to Treasury Secretary Steven Mnuchin seeking clarification on the eligibility of energy storage technologies under Internal Revenue Code Section 48 when energy storage is added to an existing ITC-eligible technology. The senators requested that the clarification be included in the IRS’ 2018-2019 Priority Guidance Plan.

  • September 25, 2018 - 13:08

    Greensmith Energy Unveils Standardized Energy Storage Solution

    The technology group Wärtsilä has released a new solution, GridSolv, the company’s first standardized energy storage solution. GridSolv is an advanced energy storage solution that is designed to offer maximum flexibility and speed of deployment. This innovative and standardized architecture supports both standalone energy storage deployments as well as integrated hybrids with thermal or renewable generation assets. Coming in three sizes, the GridSolv solution is typically housed in an ISO 40-foot container and contains: batteries, power distribution, safety, fire suppression, and air conditioning systems.

  • September 25, 2018 - 12:48

    NEC Energy Solutions Announces DC-Coupled Energy Storage Solution for Solar

    BOSTON--Sep 25, 2018--NEC Energy Solutions (NEC) announced today that they have introduced a DC-coupled energy storage solution for solar adding to their existing AC-coupled solution to leverage the rapidly expanding solar+storage market. NEC’s DC-coupled and AC-coupled solutions combined with the company’s proprietary AEROS® controls system allow for seamless integration of new and retrofit PV systems. Both options for adding energy storage to solar are available on NEC’s GSS® grid energy storage platform.

  • September 25, 2018 - 12:30

    EnSync Energy and Hawai'i Pacific University Partner to Bring Solar Energy to Oceanic Institute Campus

    HONOLULU, Sept. 25, 2018 /PRNewswire/ -- EnSync, Inc. (NYSE:ESNC), dba EnSync Energy Systems, the leading provider of innovative distributed energy resources (DERs) and business models for residential, commercial and utility installations, today announced a 20-year power purchase agreement with Hawai'i Pacific University to build a 211-kilowatt (kW) photovoltaic (PV) system on four buildings at its affiliate not-for-profit, the Oceanic Institute, on Oahu, Hawaii.

  • September 24, 2018 - 10:39

    CEO Statement on Proposal to Make Storage Projects Eligible for Solar Investment Tax Credit

    ESA sincerely thanks Senator Scott and Senator Bennet for their letter to Secretary Mnuchin last Thursday requesting clarification on the eligibility of energy storage in the IRC Section 48 investment tax credit, when storage is added to an existing ITC-eligible technology. Timely issuance of proposed regulations is an important step to stabilize the investment environment, which will accelerate the industry’s work to build a more resilient, efficient, sustainable and affordable electricity grid. That’s why ESA sent its own letter to Assistant Secretary Kautter earlier this month requesting the same, and has been working closely with our colleagues at the Solar Energy Industries Association to communicate the importance of this clarification on storage eligibility. We are pleased that Sen. Scott and Sen. Bennet also see the importance of this issue, and we ask Secretary Mnuchin and Assistant Secretary Kautter to act on their bipartisan request.

  • September 22, 2018 - 15:25

    Michigan Utility Unveils New Battery at University

    KALAMAZOO, Mich. (AP) — A Michigan utility has unveiled a new battery to store renewable energy at Western Michigan University. The battery can store enough solar and wind energy to supply about 1,000 homes with an hour of power, said Consumers Energy Project Manager Nathan Washburn. The battery will be used to keep energy output stable even when there's cloud coverage, he said. "This battery is a big step forward for Consumers," Washburn said.

  • September 21, 2018 - 00:39

    The Future of Clean Energy: Storage News Roundup

    Recent developments in this energy and storage sectors are bringing new light to emerging technologies. We’re looking at a few of the most interesting energy storage technology developments below.

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