Tag Archives: Energy Storage

Calls for aids for energy storage

The aids will be needed for the complete development of the energy storage necessary to achieve the energy transition objectives. This news summarises the calls for aids for storage, both open and future, within the framework of PERTE ERHA. For the development of energy storage projects, as for renewable energy projects, having financing options with … Continue reading Calls for aids for energy storage

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Which financing opportunities does energy storage have?

A stable regulation is necessary for the development of energy storage technologies that are going to be key and essential for the energy transition towards 100% renewable electricity generation. Members of MITECO will analyse the financing opportunities for these facilities in the next webinar organised by AleaSoft Energy Forecasting. Much was discussed and published about … Continue reading Which financing opportunities does energy storage have?

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Mobile battery solution supports drones in fossil-free thinning of forests

Vattenfall’s ‘Power-as-a-Service’ solutions for mobile energy storage continue to develop. Together with Uppsala-based company, AirForestry, a one-year pilot project is now underway in which drones are charged using a mobile energy storage system.’s ‘Power-as-a-Service’ solutions for mobile energy storage continue to develop. Together with Uppsala-based company, AirForestry, a one-year pilot project is now underway in … Continue reading Mobile battery solution supports drones in fossil-free thinning of forests

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U.S. Energy Storage Market sets Q4 Record for New Installations

The U.S. energy storage market set a new record in the fourth quarter of 2021, with new system installations totaling 4,727 megawatt hours (MWh). According to Wood Mackenzie, a Verisk business (Nasdaq: VSK), and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, released today, Q4 2021 saw more capacity installed than in the first … Continue reading U.S. Energy Storage Market sets Q4 Record for New Installations

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The future of energy storage

As the use of renewables increases, there is an ever greater need for energy storage systems that can ensure durability and flexibility to the grid. That’s why EGP is trialing new solutions, working on innovation with an open approach. Energy storage systems are a key feature of the energy transition. “Our goal,” explains Giuseppe Cicerani, … Continue reading The future of energy storage

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Energy storage makes a resilient, clean American power system possible today–if Congress accelerates its deployment

The Energy Storage Association (ESA) will merge into ACP on January 1, 2022. This year has been a wakeup call that climate change will harm many of us alive today, not just future generations. Communities across the country experienced unprecedented extreme weather events – from record-breaking heat waves and wildfires in the West, to a … Continue reading Energy storage makes a resilient, clean American power system possible today–if Congress accelerates its deployment

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Rapid growth expected for grid-scale U.S. storage capacity

Energy storage has rapidly evolved from a niche application just a few years ago into an increasingly cost competitive and fast-growing technology that complements wind and solar. And two new national lab reports find storage growth is poised to explode. Grid-scale U.S. energy storage capacity could increase five-fold by 2050 according to the latest report … Continue reading Rapid growth expected for grid-scale U.S. storage capacity

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Goldwind’s first wind power plus energy storage hybrid project is put into operation

In December, 2020, Goldwind’s first wind power plus energy storage system hybrid project—The Lingbi Project in China Anhui province, was completed and put into operation. The approved wind power capacity of Lingbi Project is 50MW, and adopted 16 sets of Goldwind GW140-3.0MW and 1 set of GW121-2.0MW direct drive permanent magnet wind turbines. Goldwind’s subsidiary … Continue reading Goldwind’s first wind power plus energy storage hybrid project is put into operation

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EDP creates units to exploit green hydrogen and energy storage

The EDP Group has strengthened its commitment to decarbonization by launching two units that will exploit the potential of green hydrogen and energy storage systems. The H2 Business Unit (H2BU) will be the Group’s new arm for the development of green hydrogen projects, while the dedicated storage unit, built in EDPR NA, will aim to … Continue reading EDP creates units to exploit green hydrogen and energy storage

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Energy storage market is evolving, with shifts in battery chemistry and system design

DNV GL today released its third annual Battery Performance Scorecard, an independent ranking and evaluation of different types of commercial Li-ion batteries, based on testing performed in DNV GL’s battery performance and safety test laboratories. This year’s Scorecard is the largest to date and includes named manufacturers. The Scorecard also provides insights into the evolution … Continue reading Energy storage market is evolving, with shifts in battery chemistry and system design

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Concentrated solar power plants to produce electricity at night thanks to storage technology

Thermal energy storage (TES) systems can boost the conversion of solar thermal into electricity. They allow the efficient storage of heat during the day so that electricity production continues at night. Currently, the expansion of small and midsized concentrated solar power plants is limited because of the shortage of tailor-made TES systems. TES plays a … Continue reading Concentrated solar power plants to produce electricity at night thanks to storage technology

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EDF Renewables launches an innovative storage solution for businesses in Germany

EDF Renewables is offering an innovative storage solution for Commercial and Industrial (C&I) clients in Germany. It smooths electricity consumption on site, contributing to both reduce energy bills for customers and the load on the grid. This new offer is based on a smart management system of the customer’s electricity demand and the storage capacity … Continue reading EDF Renewables launches an innovative storage solution for businesses in Germany

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Declining renewable costs drive focus on energy storage

An oft-repeated refrain—the sun doesn’t always shine, and the wind doesn’t always blow—is sometimes seen as an impediment to renewable energy. But it’s also an impetus toward discovering the best ways to store that energy until it’s needed. Declining costs in available technologies have propelled interest in energy storage forward like never before. The price … Continue reading Declining renewable costs drive focus on energy storage

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GE Renewable Energy to deliver 100 MWh of Battery Energy Storage Systems To Convergent Energy + Power in California

GE Renewable Energy has been selected by Convergent to supply battery energy storage systems to projects in California. With a total capacity of 100 MWh, this is the largest single order for battery energy storage systems for GE Renewable Energy in the US. This project will support local area reliability and provide fast response resources … Continue reading GE Renewable Energy to deliver 100 MWh of Battery Energy Storage Systems To Convergent Energy + Power in California

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GE Renewable Energy to Integrate Energy Storage for the 200 MW Solar power River Project

The Solar River Project and GE Renewable Energy announce today that GE has been selected for the supply and integration of one of the largest grid-scale battery technology hybrid deployment to be installed for the Solar River Project in South Australia. The energy storage system, called the Reservoir, will be coupled to a large 200 … Continue reading GE Renewable Energy to Integrate Energy Storage for the 200 MW Solar power River Project

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Siemens Gamesa begins operation of its innovative electrothermal energy storage system

In a world first, Siemens Gamesa Renewable Energy (SGRE) has today begun operation of its electric thermal energy storage system (ETES). During the opening ceremony, Energy State Secretary Andreas Feicht, Hamburg’s First Mayor Peter Tschentscher, Siemens Gamesa CEO Markus Tacke and project partners Hamburg Energie GmbH and Hamburg University of Technology (TUHH) welcomed the achievement … Continue reading Siemens Gamesa begins operation of its innovative electrothermal energy storage system

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Hybrid Solar Wind Energy Storage Market is predicted to see lucrative gains till 2024

Hybrid Solar Wind Energy Storage Market in U.S. will driven by increasing electricity demand primarily across residential and commercial establishments along with growing awareness towards adoption of clean energy systems will further propel the industry growth. For instance, in 2017 General Electric ventured with Juhl Energy to construct 4.6 MW of community-based hybrid project involving … Continue reading Hybrid Solar Wind Energy Storage Market is predicted to see lucrative gains till 2024

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Enel Green Power, Enertrag, Leclanché inaugurate 22 MW Cremzow battery energy storage system in Germany

The construction of the battery energy storage system (BESS) involved an investment of approx. 17 million euros and it is contributing to German network’s stability providing frequency regulation services to the country’s Primary Control Reserve market. Enel’s subsidiary Enel Green Power Germany (EGP Germany), the German renewable energy company ENERTRAG and the Switzerland-based energy storage … Continue reading Enel Green Power, Enertrag, Leclanché inaugurate 22 MW Cremzow battery energy storage system in Germany

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American Wind Energy Association (AWEA) endorses energy storage ITC bill

Accelerating energy storage investment would help modernize the US electricity supply, enhance grid resilience, and add clean energy jobs. Representative Mike Doyle (D-PA) introduced legislation, The Energy Storage Tax Incentive and Deployment Act, to create an investment tax credit (ITC) for energy storage systems. “We applaud Representative Doyle for his effort to modernize the U.S. … Continue reading American Wind Energy Association (AWEA) endorses energy storage ITC bill

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AWEA supports a level playing field for energy storage technologies

Making stand-alone energy storage systems eligible for a federal Investment Tax Credit (ITC) would create jobs and help modernize the U.S. electricity grid, according to over 150 companies and industry groups representing storage, wind, solar, hydro, manufacturing and other sectors. Today, these businesses issued a letter to Congressional leadership in support of The Energy Storage … Continue reading AWEA supports a level playing field for energy storage technologies

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