Energy Storage News

Updated: 59 min 37 sec ago
  • July 26, 2018 - 00:00

    Utility Rates Driving Record Demand for Home Energy Storage Systems

    Installations of home energy storage system in the U.S. hit a record high in the first quarter of 2018, according to a new industry report. The new capacity of 36 megawatt-hours will sustain an estimated 4,000 home systems and adds to the 1,080 megawatt-hours installed in the past 4 years. The big picture: Home energy storage systems commonly use batteries to store the electricity generated by rooftop solar panels, which can then be used during peak times and on demand to reduce utility costs or for backup power during inclement weather. The increasing penetration of residential and commercial solar installations has lowered energy demands on utilities. But the policies they have implemented to offset those losses have ended up making home energy systems even more attractive.

  • July 25, 2018 - 09:03

    The $3 Billion Plan to Turn Hoover Dam Into a Giant Battery

    Hoover Dam helped transform the American West, harnessing the force of the Colorado River — along with millions of cubic feet of concrete and tens of millions of pounds of steel — to power millions of homes and businesses. It was one of the great engineering feats of the 20th century.

  • July 25, 2018 - 01:00

    GE Announces Innovative Energy Storage Platform called the Reservoir

    GE Announces Innovative Energy Storage Platform called the Reservoir Press release from GE With a commitment to deliver cleaner, more reliable power where and when it's needed most, GE (NYSE: GE) today launched the GE Reservoir - a comprehensive energy storage platform that delivers a suite of customized storage solutions to help customers address new challenges and seek new opportunities in a rapidly transforming power grid that is becoming more highly diversified and distributed.

  • July 25, 2018 - 00:00

    Sunnova Returns to the Arizona Solar Market, This Time With Batteries

    Residential solar provider Sunnova is returning to Arizona after a period of regulatory tumult, and this time, it's bringing batteries. The privately held company fast-tracked its SunSafe solar-plus-storage offering in the aftermath of Hurricane Maria, which left thousands of Sunnova customers in Puerto Rico without power even if their solar panels survived undamaged. Since then, the company has expanded its hybrid product to California, Massachusetts and now Arizona. That puts Sunnova into competition with Sunrun’s growing BrightBox product, and whatever is left of the company that used to be SolarCity.

  • July 24, 2018 - 17:51

    Dynapower Receives Innovation Award for Utility-Scale Solar Plus Storage DC-DC Converter

    SOUTH BURLINGTON, Vt., July 24, 2018 (GLOBE NEWSWIRE) -- Dynapower, the technology leader in power electronics for energy storage, is proud to announce receipt of the prestigious 2018 Electrical Energy Storage (ees) Innovation Award for its DPS-375 DC-DC converter. The innovative DPS line of DC-DC converters significantly reduces the cost to couple battery energy storage with utility-scale solar plants. Dynapower’s DPS technology increases energy production and revenue of utility-scale solar projects.

    .

  • July 24, 2018 - 16:49

    Enphase Energy Named Exclusive Inverter Supplier by Momentum Solar

     Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that Momentum Solar, a top U.S. residential solar contractor and Inc. 500 fastest-growing private company, has chosen Enphase to be its exclusive inverter supplier. Momentum Solar is one of the fastest growing home solar service providers in the U.S. with operations in New Jersey, New York, California, Florida, Texas, Connecticut, and Pennsylvania.

  • July 24, 2018 - 10:20

    Stem, Inc. Expands into Ontario with $200M Commitment From Ontario Teachers'

    MILLBRAE, Calif., July 24, 2018-- Stem, Inc., the global leader in artificial intelligence (AI)-powered energy storage, today announced that Ontario Teachers’ Pension Plan (Ontario Teachers’), an original Series D investor, has provided the company with a C$200 million commitment to finance the acquisition of AI-driven energy storage projects in the Ontario market. Stem also announced its second close of Series D financing with an additional US$26 million investment, led by BNP Paribas and Magnesium Capital among other investors. Today’s second close brings Stem’s total Series D round to nearly US$110 million.

  • July 24, 2018 - 00:00

    NFPA Updates Energy Storage and Solar Training -- Occupational Health & Safety

    Because of strong commercial and consumer interest, as well as government incentives, first responders are more likely to encounter emergency calls involving energy storage sytems or photovoltaics.

  • July 19, 2018 - 12:10

    35.8 MWh of US Residential Storage were Deployed in Q1 2018

    Deployments of home energy storage systems reached record heights in the first quarter of 2018. According to the latest U.S. Energy Storage Monitor report from GTM Research and the Energy Storage Association (ESA), 36 megawatt-hours of grid-connected residential energy storage systems were deployed in the first three months of this year, which is equivalent to the amount of residential storage deployed in the previous three quarters combined.

  • July 19, 2018 - 08:37

    States Should Play Role in Determining Future of Energy Storage Market, Panel Says

    SCOTTSDALE, Ariz. – Panelists at a session held here Monday at the National Association of Regulatory Utility Commissioners (NARUC) conference agreed that states should have active roles in determining the future of their energy storage markets but had differing opinions on the impacts of a recent Federal Energy Regulatory Commission (FERC) order. In February, FERC issued Order 841, which aimed to remove barriers to energy storage resource participation in the capacity, energy and ancillary services markets. The order directs Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs) to revise their market rules so that they recognize the physical and operational characteristics of energy storage resources. However, industry groups including NARUC, the Edison Electric Institute, the American Public Power Association and the National Rural Electric Cooperative Association have requested a rehearing of the FERC decision on the grounds that it exceeds the agency’s jurisdiction.

Pages