Page 55 - Demand Response News Today

Published: 24 May 2021, 11:22 By: Image: 8minute Solar Energy. Standalone battery energy storage can potentially offer better value to the US electricity system than pairing batteries directly with solar or wind generation, but the pros and cons of each approach vary greatly from project to project. This is largely because siting the resources separately means the optimum location where batteries in particular offer most value to the electricity network can be chosen, according to...

The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry

The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry

Published: 20 May 2021, 07:36 By: Andy Colthorpe Battery storage installed for one of Stem Incs commercial and industrial (C&I) customers. Image: Stem Inc. Stem Inc claimed to be on track to achieve its 2021 full year revenue guidance of US$147 million, after reporting a year-over-year increase in revenues of 245% for the first quarter ending 31 March. The “artificial intelligence-driven clean energy storage services” provider mostly delivers energy storage hardware and softwa...

Published: 20 May 2021, 08:31 By: Image: Tucson Electric Power. 20 May 2021: Mobile energy storage and power-as-a-service startup Moxion looks to replace generators in construction industry Investors including Energy Impact Partners contributed to a US$10 million Series A funding round closed by Moxion Power, a US manufacturer of mobile energy storage systems. Aimed at industries such as construction which rely on portable, outdoor power systems, Moxion believes its equipment, whi...

Dive Brief: Energy service providers offering off-balance sheet efficiency products have seen rapid growth in the number of deals signed each year, panelists said Wednesday at the U.S. Department of Energys Better Buildings summit. Financing companies associated with DOEs Better Buildings program have "collectively reported about a 2.5x increase in the amount of deals [done annually] since they joined the program," said Joe Indvik, head of clean energy finance and carbon solutions at RE Tech ...

Published: 20 May 2021, 13:39 By: Image: Genex Power. Australian renewable energy developer Genex Power has achieved financial close on what looks likely to be the country’s first new pumped hydro energy storage (PHES) plant in nearly 40 years. This morning ARENA said in a release that financial close has now been reached for the AU$777 million project to be able to go ahead. The cost includes transmission infrastructure to take power away to the northeast coast of Australia som...

Published: 19 May 2021, 07:32 By: Andy Colthorpe The system, which enables passive ventilation of gases, is being installed at Arlington Microgrid and Clean Energy Center in Everett, Washington. Image: PNNL. New technology which can help prevent flammable gas build-up in lithium-ion battery storage systems is being made available for “low-cost, non-exclusive licensing” by the US Department of Energy’s Pacific Northwest National Laboratory (PNNL). PNNL scientists have develope...

Published: 19 May 2021, 11:34 By: Andy Colthorpe Tanks of chilled liquid air are used to store energy in Highview Powers systems. Image: Highview Power. Large-scale liquid air energy storage (LAES) systems which can store and discharge energy for up to six hours are being planned in Spain by technology provider Highview Power. The company said today that it is developing up to 2GWh of LAES projects in four Spanish regions, Asturias, Cantabria, Castilla y Leon and the Canary Island...

By: Andy Colthorpe There are perhaps four or five US states which have become prolific in their deployment of battery energy storage systems. The growth of large-scale battery systems in places like California, Hawaii, Texas, Arizona and New York might naturally form the bulk of our US project news coverage here at Energy-Storage.news, but it’s also interesting to hear about what’s happening in regions where that development is still at an earlier stage. One example is the steady prolifer...