1. Global Oil Plows Billions Into Solar & Energy Storage

    Global Oil Plows Billions Into Solar & Energy Storage

    Global oil companies are plowing billions of dollars per year into solar and into energy storage, as more nations seek to switch their energy sources away from fossil fuels. For battery storage investments, 6 acquisition deals were reported during the past two years; during the same time period, 7 funding deals were done, involving nearly $133 million, according to an analysis by Mercom Capital Group.

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  1. Quotes

    1. By integrating solar technology into E&B's oil and gas operations, these projects demonstrate that renewable energy and oil production together can provide Californians with a reliable source of low-cost and environmentally friendly energy.
  2. Topics Mentioned

  3. Authors

  4. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Microgrid & Community, Military, Residential, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Pumped Hydro, Sodium, Supercapacitors, Thermal, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences