Energy Storage News

Updated: 50 min 2 sec ago
  • March 26, 2018 - 10:40

    Seasonal Storage for Homes? German Firm Sells Residential Batteries Tied to Fuel Cells

    A German firm is aiming to help homes obtain year-round self-produced renewable energy with a hybrid storage system combining batteries with hydrogen. Zeyad Abul-Ella, managing director and founder of Berlin-based Home Power Solutions (HPS), said his company’s Picea all-in-one unit, which went on sale this month, “has a hundred times more storage capacity with twice the output” of competing systems.

  • March 26, 2018 - 01:00

    ENGIE Storage Names Energy Executive Christopher Tilley CEO

    SANTA CLARA, Calif.--(BUSINESS WIRE)--ENGIE Storage, formerly Green Charge today named Christopher Tilley Chief Executive Officer. Chris comes to ENGIE Storage with 20 years of experience leading early stage high growth companies and deep experience in the energy industry. He succeeds Founder Vic Shao who will remain with the company as chairman and will lead international energy storage business development efforts on behalf of ENGIE.

  • March 23, 2018 - 11:02

    General Electric Energy Storage Offering Built on Speed

    The energy storage business could be worth $103 billion by 2030, so dozens of companies are jockeying for position to capture market share. Tesla (NASDAQ: TSLA) has made the biggest splash, but AES and Siemens creation Fluence, Stem, Total, and General Electric (NYSE: GE) are trying to stake out their piece of the pie as well. GE recently announced a new energy storage offering called Reservoir that's intended to reduce construction time, increase battery life, and improve reliability. It's also building the solution to fit with the way renewable energy projects are being built today, which could make it an attractive offering for developers.

  • March 22, 2018 - 13:34

    This Brand New Town Will Be 100% Powered by Solar Energy

    One of the most common attacks on solar energy -- and renewable energy more broadly -- has been that it doesn't produce a consistent flow of electricity 24/7, and is therefore unsuitable to power a large percentage of the electric grid. But a new town in Florida intends to prove that wrong: It's planning to get 100% of its electricity from solar energy and an accompanying energy storage system.  

  • March 22, 2018 - 10:46

    Trump's Steel Tariffs May Take a Swipe at Battery-Storage Market

    “The tariffs could slow down some of the aggressive cost declines,” Ray Hohenstein, market applications director at energy storage firm Fluence Energy LLC, said in an interview Wednesday at Infocast’s Solar Power Finance & Investment Summit in San Diego, California. To be sure, that shouldn’t have much lasting impact on the industry as other manufacturing costs decrease, Kelly Speakes-Backman, chief executive officer of the Energy Storage Association, said in a phone interview Wednesday. And there may be a workaround: Concrete, which features in the shipping-container-like structures that protect batteries in larger projects, could be used for smaller battery packs.

  • March 22, 2018 - 10:05

    CEO's Statement on Massachusetts Governor's "Clean Peak Standard" Legislation

    “In proposing a clean peak standard, Governor Baker once again demonstrated leadership and innovative thinking on how to make the electric system more resilient and sustainable. Such a program could potentially spur new energy storage deployments that work to ensure clean energy meets the peak demands of the grid. With the announcement of the proposed legislation, the Baker-Polito Administration began an important new conversation in the Commonwealth,” stated Kelly Speakes-Backman, CEO of ESA. “We look forward to Governor Baker’s keynote address at ESA’s Annual Conference on April 18 - 20 in Boston for more on this and other initiatives where Massachusetts looks to lead on energy storage and clean energy policy.”

  • March 22, 2018 - 05:45

    Tesla and Fluence to Supply 55MW/80MWh of Battery Storage to Victoria, with One Solar Farm Retrofit

    Tesla and Fluence are to supply Victoria’s first two large-scale, grid-connected energy storage batteries, one of which will be connected to an existing solar farm. The Australian Renewable Energy Agency (ARENA) will match the AU$25 million by the Victorian Government to jointly fund the lithium-ion battery projects as part of the Victorian energy storage initiative. Both projects are aimed at helping to ease constraints on transmission lines in Western Victoria where energy generation from existing wind and solar farms is being curtailed. Half the funding will go towards a 25MW/50MWh battery co-located and integrated with the 60MW Gannawarra Solar Farm, near Kerang. The battery will be supplied by Tesla and then owned by Edify Energy and its partner Wirsol. It will show how existing PV projects can be successfully retrofitted with battery storage.

  • March 21, 2018 - 09:55

    Sunnova Enters the Residential Solar-Plus-Storage Market

    Houston-based rooftopsolarfinancier Sunnova has entered the solar-plus-storage market. The company launched its SunSafe offering in the California market as a 25-year lease deal, with a full warranty and performance guarantee. That gives it a longer product life than other offerings currently on the market. Customers are free to pay down their contract earlier if they wish, said CEO John Berger. The key value is that Sunnova will maintain the system's operational capabilities for the full 25 years.

  • March 20, 2018 - 20:23

    New Business Models May be the Next Frontier in Lower Energy Storage Costs

    s the markets for energy storage continue to grow and companies in those markets mature, business models and financing mechanisms are getting more attention. Those models can involve alternatives to a traditional asset sale approach that can reduce the cost of entry for potential customers and lower the cost of capital for energy storage companies. The trend was highlighted last week when Younicos announced its energy storage rental service. Renting energy storage equipment was an obvious step for Younicos, given that its corporate parent, Aggreko, rents power generation equipment on a global scale.

  • March 20, 2018 - 08:47

    This College Wants To Be The First 100% Renewable Campus In The U.S.

    In 2015, the state of Hawaii committed to converting 100% of its energy supply to renewables by 2045. It’s a steep undertaking, and one that will involve utilities coordinating resources across a network of grids that span the island. And at the same time, the Hawaii Legislature and the University of Hawaii system established a joint goal: The entire university network, which comprises 10 campuses across the islands, will be “net zero” by 2035, meaning that the system would generate as much renewable energy as it consumes.