Phase-out plans of US utility giants underscore money-saving potential of cleaner alternatives, says think tank.
Fund management firm Copenhagen Infrastructure Partners (CIP) has established a new fund to invest in greenfield renewable energy infrastructure primarily in Asia and Latin America, with expectations of reaching US$1 billion by the final close.
Japanese conglomerate Marubeni Corporation has invested in US-based company, GridMarket, which is focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.
C2 Energy Capital has signed off on 46 Power Purchase Agreements (PPAs) and leases with Walmart that will see the company provide renewable energy to the retailer in five US states.
Volume 19 of PV Tech Power has just hit the (digital) shelves and once again the quarterly technical journal from our publisher Solar Media includes ‘Storage & Smart Power’, the dedicated section created and curated by Energy-Storage.news.
Having bested coal generation and gas peaker plants, solar-plus-storage is now competing with gas in other parts of the generation mix.
Southern California Edison, one of the US’ top-ranking utilities for energy storage capacity already deployed, has signed contracts for seven more projects, totalling 195MW in its California service area.
US$400 million of funding pledged by New York’s state Governor Andrew Cuomo last week towards his “comprehensive climate agenda” will include US$280 million in support for energy storage.
In the latest release, Sandia has emphasised the growth in interest in behind-the-meter (BTM), customer-sited energy storage systems.
A large-scale energy storage project to be built in Texas will take advantage of the system’s flexibility to deliver multiple services, as opportunities grow in the state’s Electricity Reliability Council of Texas (ERCOT) market.
The ‘world’s first dedicated energy storage infrastructure fund’ will invest in California battery energy storage projects, with Macquarie set to sell 50% of a 340MWh tranche to the fund’s owner, SUSI Partners.
Many of the most polluting thermal power plants on the US grid today are also the most lucrative to run, but the service they provide could already be done twice as cheaply using solar and storage, developer 8minutenergy has claimed.
A large tranche of utility-scale solar – and storage – projects in Hawaii has been approved by the state’s Public Utilities Commission (PUC), each quoting a cost per kilowatt hour of US$0.10 or under.
Major US utility Florida Power & Light Company (FPL) is planning to build the world’s largest battery energy storage system adjacent to an existing solar power plant, with plans to roll out multiple other storage systems across the state.
China’s BYD has signed a deal which could see up to 100MWh of its systems deployed in Mexico as part of a distributed energy and large-scale solar buildout by finance group Pireos Capital.
A contract with utility Southern California Edison (SCE) has led to Advanced Microgrid Solutions (AMS) supplying 2GWh of grid services from just 60MWh of energy storage during 2018, with one analyst dubbing the feat an “impressive milestone”.
SEIA, Wood Mackenzie: Section 201 disruption drives 7% year-on-year drop in utility solar additions even as contracted pipeline hits all-time records.
As well as Elon Musk remarking that the company may have had its “best ever quarter” for solar since the SolarCity takeover, Tesla’s energy storage deployments have enjoyed a ramp up, while a fellow exec hinted the stationary battery business is constrained by cell supply.
The Commonwealth of Virginia’s new energy plan has called for 3GW of solar and wind installations by 2022 as well as grid modernization to handle both solar and wind totalling 5GW by 2028.
US solar developer Cypress Creek Renewables has received a US$200 million investment from the Singapore-based firm Temasek.
Facebook’s Prineville Data Center in Oregon will be supported by 100% renewable energy from 437MW of new solar developments in partnership with Pacific Power, including two projects totaling 100MW in the Prineville area.
Texas IPP Vistra Energy has contracted energy storage integrator FlexGen to install a 10MW / 42MWh energy storage system (ESS) at the 180MW Upton 2 Solar Power Plant in Texas.
NV Energy has chosen US-based developer 8minutenergy Renewables to develop the 300MW(AC) Eagle Shadow Mountain Solar Farm in Clark County, Nevada, next to a retiring coal plant.
UPDATED: Oregon-based utility Portland General Electric Company (PGE) has issued a request for proposals (RfP) seeking 100 average megawatts of renewable energy capacity.
California’s recent droughts and ongoing need to economise water use have inspired more commercial energy storage at a local water board, with ENGIE Storage delivering a project for the San Diego Water Authority.
While research published this week demonstrates that the US as a whole is embracing energy storage technology, with regulator FERC's recent wholesale market ruling likely to have a "significant impact", the picture varies greatly when looking from state-to-state, an analyst has said.
San Diego Gas & Electric (SDG&E), one of California’s three main investor-owned utilities (IOUs), said this week that it will add resilience and backup capabilities to public sector buildings through the procurement of “up to 166MW” of energy storage.
While energy storage system price declines have slowed down in recent times in the US, standardisation of design and engineering will be among the key drivers in bringing down balance-of-system hardware and EPC costs.
NextEra Energy is suing the US Treasury Department for more than US$135 million claiming that it miscalculated grants owed to it for the Silver State Solar project in Nevada.
AES Distributed Energy (AES DE), a subsidiary of AES Corporation, and nonprofit transmission firm Kauai Island Utility Cooperative (KIUC) have broken ground on a 28MW solar and 100MWh five-hour duration battery energy storage system in Kauai, Hawaii.
News in brief from around the world of energy storage.
A unanimous vote taken by the US regulator FERC (Federal Energy Regulatory Commission) which would allow energy storage and other distributed energy resources to play into wholesale markets has been hailed as a “significant step” forward.
Utility Florida Power & Light claims that a just-completed battery addition will increase output from a large-scale solar farm in its home state, thought to be the first time a DC-coupled solution has been used at this scale in the US.
Vertically-integrated solar energy company First Solar will be involved in the first megawatt-scale battery system announced in Arizona since it was revealed the state could put a 3,000MW energy storage deployment target in place.
Tesla reported another major decline in its residential solar installations for the fourth quarter of 2017, while a supply shortage for its residential energy storage system ‘Powerwall 2’ has created a customer backlog of solar and storage installs of more than one year.
A spokesman for S&C Electric has confirmed the company will no longer be producing its power conversion system (PCS) for energy storage systems but will remain in the market as a system integrator.
Younicos will carry out another project to retrofit lithium-ion batteries in replacement for an existing lead acid battery system at a wind farm, this time in Hawaii.
A 3,000MW energy storage target, proposed in Arizona as part of a grid modernisation policy, recognises the role of the technology in reducing the need for fossil fuels to stabilise the grid, a consultant has said.
Steps taken in California to enable energy storage systems to provide multiple services and to ‘stack revenues’ are “an essential starting point” for the industry, the head of California’s Energy Storage Alliance (CESA) has said.
Canadian Solar has signed an Operations & Maintenance (O&M) agreement with Axium Infinity Solar LP for eight PV projects that have a combined generation capacity of 105.5MW. The firm has also announced commercial operation of a 19.1MW PV project in Japan.
Utility-scale power company Intersect Power has been awarded a power purchase agreement from Austin Energy for a 150MW PV project in Texas that is expected to reach commercial operation in 2020.
Clean Focus Yield Limited and its affiliates have purchased Greenskies Renewable Energy — making Clean Energy the owner and operator of the largest commercial and industrial (C&I) portfolio in the US.
The Austin City Council has approved a new agreement with Austin Energy that will see the utility company deliver enough renewable energy to the grid to meet the needs of more than half of its customers by 2020.
The solar investment tax credit (ITC) has survived a major round of tax reform in the US but demand for credits generally could fall.
StuyTown Property Services (SPS), the manager of Manhattan’s largest residential property, will install a 3.8MW PV energy system across the eight hectares of rooftops of Stuyvesant Town and Peter Cooper Village.
Netherlands-based pension fund Stichting Pensioenfonds ABP has agreed to invest over US$384 million in three PV projects in the US, with the trio of installations representing a combined generation capacity of 858MW.
Residential solar loan financing company Mosaic has completed its largest solar loan securitization issued to date, with US$307 million in bonds sold across four tranches.
The Hawai‘i Public Utilities Commission has approved two new programmes expanding its customers’ abilities to install rooftop PV and energy storage systems.