This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energystorage, smart grid, and energy efficiency sectors. Corporate funding for energystorage, smart grid, and energy efficiency companies.
Energystorage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.
Volvo Buses is participating in a research project in which used electric bus batteries are used as solarenergystorage units. Batteries from electric bus route 55 in Gothenburg, Sweden are being used for solarenergystorage in a second-life application. —Ylva Olofsson, Project Coordinator at Volvo.
Energystorage, driven largely by electronics and plug-in vehicles, will grow at a compound annual growth rate of 8% to $50 billion in 2020, with significant shifts coming from the transportation industry, according to a new report by Lux Research. The report is part of the Lux Research EnergyStorage Intelligence service.
a Massachusetts company developing an innovative compressed air energystorage system, has signed an agreement with ConocoPhillips to develop compressed air energystorage (CAES) projects, beginning with a pilot project in Texas, using General Compression’s Advanced EnergyStorage (GCAES) technology.
Mercedes-Benz Energy and Vivint Solar announced an exclusive strategic collaboration to bring the Mercedes-Benz customizable home energystorage system to the US. This will also be Mercedes-Benz Energy’s first collaboration with a US solar provider. Each energystorage system will consist of modular 2.5
Investment in new large- and small-scale solar projects rose to a record-breaking $120 billion, up 33% from the first half of 2021. Wind project financing was up 16% from 1H 2021, at $84 billion. After a very strong first half in 2021, public market issuances for renewable energy companies dropped 65% in 1H 2022, totaling $10.5
This figure includes investment in projects—such as renewables, storage, charging infrastructure, hydrogen production, nuclear, recycling and CCS—as well as end-user purchases of low-carbon energy devices, such as small-scale solar systems, heat pumps and zero-emission vehicles. from the year prior.
The awardees went through a rigorous process including a review with CalSEED’s curated technical advisory committee, who volunteered their time and expertise to select the most promising future clean energy technologies. that boosts the energy capacity via nanotechnology-enabled self-assembly of functional nanocomponents, reducing?the
The New Terminal One will have what its creators have said is the largest solar array at any US airport, which will power a fleet of electric vehicles used at the terminal both landside and airside. Construction of the massive array, consisting of more than 13,000 solar panels on the terminals roof, began in 2024.
a provider of energy intelligence software (EIS), will collaborate with Tesla on the deployment and management of energystorage systems in commercial and industrial buildings. Tesla announced its PowerWall line of stationary Li-ion battery storage systems last night. EnerNOC, Inc., Earlier post.).
sonnen, the European market leader for smart energystorage systems, announced a partnership with SolarWorld, the largest crystalline-silicon solar manufacturer in the US and PetersenDean, the nation’s largest residential roofing company with more than a million roofs under its belt.
It further strengthens our long-term commitment and focus on our Project as we work together with CATL to bring 3Q into full development by building a comprehensive financing plan. In addition, there is enough space for stockpiling waste salts that are a natural byproduct of the solar evaporation process.
This is a transformational project for Electrovaya as it instantly brings manufacturing capacity to meet demand for the company’s energystorage products. Gigawatt hour (GWh) nominal energystorage capacity. Financing is planned through debt and grants.
The Brookville Smart Energy Bus Depot is a first-of-its-kind integration of microgrid and EV charging infrastructure. AlphaStruxure will design, build, finance, own and operate the project to enable Ride On’s growing electric bus fleet.
The US Department of Energy (DOE) has issued a draft solicitation that would provide up to $12.6 billion in loan guarantees for Advanced Nuclear Energy Projects. Currently, LPO supports a diverse portfolio of more than $30 billion in loans, loan guarantees, and commitments, supporting more than 30 projects nationwide.
Widely ignored, although gaining attention, is China’s strategic positioning as a crucial gatekeeper to several key “green” technologies, including battery energystorage to support electric vehicles (EVs)—specifically, battery electric vehicles (BEVs)—along with stationary storage for power grids.
Sun Catalytix Corporation (Sun Catalytix), an energystorage and renewable fuels company ( earlier post ), completed a $9.5-million The funds raised in this financing will support continued development of the company’s catalyst technology.
The New York State Public Service Commission (PSC) has granted the Beacon Power Corporation a Certificate of Public Convenience and Necessity (CPCN) for its proposed 20 MW flywheel frequency regulation plant in Stephentown, New York, and approved the project’s overall financing. Earlier post.).
Energy Access. Solar Sister (Great Falls, Virginia) invests in women’s enterprises in off-grid communities in Africa. African Clean Energy (Lesotho) produces cookstoves that reduce smoke emissions and solar electricity for small electronics and LED lighting. Clean Energy Works (Washington, D.C.) Transportation.
This is the first battery-electric truck project jointly financed by CARB and the CEC, and the largest investment of its kind. Through the JETSI project, NFI and Schneider will collectively install significant charging infrastructure (50 chargers total), warehouse upgrades, on-site energystorage and rooftop solar, resulting in more than $16.8
Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. Patents for all liquid metal battery inventions were licensed from MIT.
billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Other areas of energy transition investment also showed strength. Other areas of energy transition investment also showed strength. billion, down 12%.
The area has high solar radiation levels, making it an ideal location for large-scale solarenergy production. Amarenco will be responsible for developing photovoltaic farms and energystorage facilities, while Hynfra will provide the technology for producing renewable hydrogen and its derivatives.
Noon Energy , which has developed “ultra-low-cost, high energy density carbon-oxygen battery technology for long-duration energystorage” for solar and wind power, today announced that it’s secured $28 million in Series A financing to commercialize its technology.
to acquire all of the outstanding shares of solarenergy provider SolarCity. And in March 2015, we launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energystorage. This proposal represents a value of $26.50
Tesla’s energystorage business is booming, and it is just beginning. However, the beginning of Tesla’s energystorage growth also appears to be the end of Tesla’s solar business. Don’t get fooled by the fact that Tesla’s energystorage deployment was down sequentially from 9.4
It is a daunting question that a startup called Polar Night Energy, in the small and chilly nation of Finland (Figure 1), is attempting to answer. In an era of complex cleantech solutions, often made from rare and expensive materials, Polar Night Energy’s heat storage and distribution system consists of simple ducts, pumps, valves, and sand.
The $303-million, 650,000 square-foot facility was financed in part from a $151.4 million grant the company received from the US Department of Energy (DOE) as part of the Recovery Act Award for Electric Drive Vehicle Battery and Component Manufacturing Initiative. Earlier post.). Batteries'
If there are strong sea winds, for instance, then surplus power supplies can be converted to e-gas and stored in the largest available energy-storage system: the public gas network. If necessary, this energy can flow from the gas network back to the power grid at any time. Rated at 3.6
Ballard Power Systems has signed a product development agreement with Hydrogene de France ( HDF Energy ), an independent power producer dedicated to renewable power generation, for the development and integration of a multi-megawatt (MW) scale fuel cell system into HDF Energy’s Renewstable power plant designed for stationary power applications.
Laredo Bus Facility Solar Canopies: Provide shade structures with integrated, grid tied photovoltaic cells to be erected on the bus storage lot at the Laredo Bus Maintenance Facility. PV Solar Implementation at facilities: Install PV solar in a variety of facilities. Of that, $26.5
The report’s authors, Max von Bismarck and Anuradha Gurung from the World Economic Forum, and Chris Greenwood and Michael Liebreich from New EnergyFinance, argue that “ enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change. billion) in 2004.
Photo: Convergent Energy The US Department of Energy (DOE) today announced $1.2 billion in financing to replace Puerto Ricos fossil fuel plants with solar and battery storage through 2032. MW solar farm with an integrated 14.45 MW solar farm with an integrated 14.45
This includes spending on renewables such as wind and solar as well as grid and other infrastructure. Global investment in technologies to help the energy transition reached a record $1.3 Energystorage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle.
Section 1703 of Title XVII of the Energy Policy Act of 2005 authorizes the Department to support innovative clean energy technologies that avoid, reduce, or sequester air pollutants or anthropogenic emissions of greenhouse gases. The Department of Energy’s loan programs are supporting a large, diverse $34.4
Photo: Recurrent Energy Recurrent Energy has secured $513 million in financing for Arizona’s largest standalone battery storage project. The financing includes a $249 million construction and term loan, a $163 million tax equity bridge loan, and a $101 million letter of credit facility. Get started here.
Tesla Energy will supply Megapacks to Akaysha Energy’s Orana Battery EnergyStorage System (BESS). The Orana project is located in New South Wales within Central West Orana’s Renewable Energy Zone (REZ). Tesla Energy has become a more significant part of the company over the last few years.
The 300 MW energystorage facility is one of the largest in the world. The Victoria Big Battery can supply 450 MWh of power to prevent blackouts, specifically during heatwaves when the market is particularly reliant on solar and wind energy. . million) in Neoen’s VBB.
To achieve this first objective, DOE intends to pursue parallel strategies: Advance options for diverse energy resources and conversion devices for power. The President’s Climate Action Plan contains a goal of doubling renewable energy generation from wind, solar, and geothermal sources between 2012 and 2020. watt utility, $2.37/watt
Utah-based rPlus Energies recently held the groundbreaking ceremony for the Green River Energy Center, a 400 MW solar PV and 400 MW/1,600 MWh battery storage project in Eastern Utah. Tesla Megapacks will be used as the upcoming facility’s battery storage solution.
cents from newer plants that have additional pollution-control equipment, the cost of solarenergy has dropped to 2.7 As renewable energy has steadily gotten cheaper, the installed capacity has grown, to 110 gigawatts. Yet in terms of energy. generated , renewable energy in India still falls short.
As the global hunger for renewable energy (RE) increases, battery energystorage ( BES ) systems are expected to become omnipresent. In the Indian context, the country’s commitment to ‘ net-zero ’ is evident through its ambitious targets of achieving 500 GW of clean energy installation capacity by 2030.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content