Energy Storage in the News

March 18, 2021

DOE Launches $75 Million Grid Energy Storage Research Facility

The U.S. Department of Energy began design and construction of the Grid Storage Launchpad (GSL), a $75 million facility located at Pacific Northwest National Laboratory (PNNL) in Richland, Washington that will boost clean energy adaptation and accelerate the development and deployment of long-duration, low-cost grid energy storage.

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Energy Storage in the News

March 18, 2021

Swell Energy launches virtual power plant program for homeowners in Queens, New York

Swell Energy has started a new residential solar plus storage program for homeowners in Queens, New York. The program will be deployed in partnership with Con Edison, the energy company that serves New York City, and aims to deliver solar-powered home batteries to eligible customers creating an aggregated network of distributed energy resources. New York State is targeting 3,000 megawatts of installed energy storage capacity by 2030 and a zero-emissions electricity sector by 2040. 

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Energy Storage in the News

March 18, 2021

Wärtsilä to supply and maintain two major interconnected energy storage systems for Texas grid services

The technology group Wärtsilä will supply its advanced energy storage technology for two major projects in southern Texas, USA. The interconnected stand-alone systems will have a combined rated capacity of 200 MW. Wärtsilä has also signed ten-year guaranteed asset performance agreements for the installations. The order was placed by Able Grid Energy Solutions, Inc. (“Able Grid”), a utility-scale energy storage project development arm of MAP RE/ES, one of North America’s leading investors in modern energy projects. The order was booked by Wärtsilä in February 2021.

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Energy Storage in the News

March 18, 2021

Here Comes the Sun: GE Renewable Energy To Build Largest Planned Hybrid Solar Storage System In New York

Renewable energy has been growing at breakneck speed. By 2040, according to the International Energy Agency, wind and solar are expected to add 74% of net new generation capacity around the world. GE Renewable Energy just announced it has been selected to build what is expected to become the largest hybrid solar energy storage system in New York State.

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Energy Storage in the News

March 11, 2021

LG Energy Solution Expands U.S. Investment for Future Innovation

LG Energy Solution today announced that by the end of 2025, the company will invest more than $4.5 billion (KRW 5 trillion) in the company’s own U.S. business to further expand its battery production capacity. This new investment will allow the company to create a total of over 10,000 more jobs for new LG employees and subcontractors while securing an additional 70GWh in just the U.S. alone, and will be in addition to current and past investments.

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Energy Storage in the News

March 11, 2021

LG Energy Solution Expands U.S. Investment for Future Innovation

LG Energy Solution today announced that by the end of 2025, the company will invest more than $4.5 billion (KRW 5 trillion) in the company’s own U.S. business to further expand its battery production capacity. This new investment will allow the company to create a total of over 10,000 more jobs for new LG employees and subcontractors while securing an additional 70GWh in just the U.S. alone, and will be in addition to current and past investments.

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Energy Storage in the News

March 11, 2021

LG Energy Solution Expands U.S. Investment for Future Innovation

LG Energy Solution today announced that by the end of 2025, the company will invest more than $4.5 billion (KRW 5 trillion) in the company’s own U.S. business to further expand its battery production capacity. This new investment will allow the company to create a total of over 10,000 more jobs for new LG employees and subcontractors while securing an additional 70GWh in just the U.S. alone, and will be in addition to current and past investments.

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Energy Storage in the News

March 11, 2021

LG Energy Solution Expands U.S. Investment for Future Innovation

LG Energy Solution today announced that by the end of 2025, the company will invest more than $4.5 billion (KRW 5 trillion) in the company’s own U.S. business to further expand its battery production capacity. This new investment will allow the company to create a total of over 10,000 more jobs for new LG employees and subcontractors while securing an additional 70GWh in just the U.S. alone, and will be in addition to current and past investments.

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Energy Storage in the News

March 11, 2021

Free Registration Open for Virtual #ESACon21

Virtual #ESACon21 offers live and on-demand education sessions, including keynote discussions with prominent industry leaders, thought leader breakout discussions on topics that are critical to driving the industry forward, and opportunities to network and meet key players in the energy storage industry. The two-day virtual event is a must attend for anyone looking to expand their business, invest in, or develop partnerships in the energy storage industry. Attendees can attend from the comfort of their home or office.

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Energy Storage in the News

March 11, 2021

New era as US Department of Energy gets started on long-duration energy storage R&D facility

A US$75 million national research and development (R&D) facility for energy storage is expected to be up and running by 2025, the US Department of Energy said yesterday. Called the Grid Storage Launchpad (GSL), 30 separate research laboratories will be hosted at the site including technology prototype testing chambers and other test labs that put energy storage technologies through their paces in real world electric grid conditions. It will also have workspaces where different teams can collaborate.

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