Mercom: VC funding for battery storage almost doubled last year

VC funding for energy storage projects increased significantly, while debt and public market financing remained “steady” during 2017, Mercom Capital has found.

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Utility PPA secured for first community solar-plus-storage project in Massachusetts

The addition of energy storage has made a 1MW community rooftop solar project in Massachusetts viable, after a long-term PPA was secured with a local utility.

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ENGIE wraps acquired US energy storage, efficiency & sustainability players into parent brand

France-headquartered multinational utility ENGIE has followed up acquisitions in smart energy by incorporating three companies including commercial energy storage provider Green Charge into its parent brand, with the explicit aim of furthering its position in North American markets.

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SEIA: Grid-planning needs to value location, time-of-use of distributed resources

The US’ two leading states in solar and energy storage, New York and California, have taken steps towards valuing the locational and time-of-use value of distributed energy resources and other states should follow, the Solar Energy Industries Association (SEIA) has said.

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AES and Siemens’ energy storage JV Fluence launches solar-plus-storage platform, financing

AES Energy Storage and Siemens, which between them have delivered 500MW of energy storage worldwide already, will target 160 different countries and build a 400MWh battery system in California through new joint venture Fluence.

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Georgia Power offers up PV-plus-storage ‘smart neighbourhood’ of new houses for sale

The first ‘smart neighbourhood’ in the US state of Georgia is being created by utility Georgia Power and homebuilder PulteGroup, with each home equipped with solar PV, battery energy storage and other smart, clean and distributed energy resources.

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Warren Buffet’s Nevada utility NV Energy to consider energy storage in 330MW renewables push

NV Energy, the main electric utility for the US state of Nevada, has tendered for more than 300MW of renewable energy in a Request for Proposals that also includes consideration of battery energy storage paired with renewables.

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IHS: Energy storage ‘as-a-service’ crucial to US C&I leaders’ business models

Leaders in the fledgling commercial and industrial (C&I) sector in the US have made energy storage ‘as-a-service’ the core of their proposition, a market analyst has said.

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‘Incredible’ low prices for renewables-plus-storage in Xcel’s solicitation

Median bids received by US utility Xcel Energy in a solicitation for energy resources for energy storage paired with solar came in at US$9 per megawatt lower than the previously observed record.

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NEXTracker CEO Dan Shugar: Energy storage helps solar industry growth to ‘keep going’

Adding energy storage gives solar developers and the industry in general the ability to “keep going”, while offering both lithium and flow battery systems covers a “wide-range of use cases”, NEXTracker CEO Dan Shugar has said.

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Industry reacts positively to New York’s 1,500MW energy storage target

Trade associations NY BEST and the Energy Storage Association have been quick to applaud New York Governor Andrew Cuomo’s historic setting of a 1,500MW energy storage procurement target for his state.

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