1. Articles in category: Lead

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    1. Leclanche CEO Cites Energy Storage as the Driving Force at the Center of Global Energy Sector Transition

      Leclanche CEO Cites Energy Storage as the Driving Force at the Center of Global Energy Sector Transition

      NEW YORK, April 25, 2017 -- The emergence of global energy storage as a driving force in today's energy sector transition was a key focus at the Bloomberg 2017 Future of Energy Global Summit held in New York City, April 24-25.  Addressing the plenary session of over 1,000 global energy executives in attendance, Leclanché (www.leclanche.com) CEO Anil Srivasta told the audience it was "witnessing totally new thinking toward the financing of energy storage projects by investors who are now looking at storage as a new asset class offering multiple revenue streams with large terminal value."

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    2. Canadian Solar Supplies 10 MW of Modules to the Largest Solar Project in Uganda

      Canadian Solar Supplies 10 MW of Modules to the Largest Solar Project in Uganda

      GUELPH, Ontario, April 26, 2017 /PRNewswire/ Canadian Solar Inc. (the "Company", or "Canadian Solar") (CSIQ), one of the world's largest solar power companies, today announced that the company has supplied 10 MW of PV Modules to Soroti Photovoltaic Plant in Uganda. The project is the largest of its kind in East Africa and was officially inaugurated at the end of 2016.

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    3. NorthStar and City Utilities of Springfield Enter Joint Energy Storage System Project

      NorthStar and City Utilities of Springfield Enter Joint Energy Storage System Project

      STOCKHOLM, April 25, 2017 -- NorthStar, the Swedish-American energy storage provider, today presents its partnership with City Utilities of Springfield, Missouri, within the area of Energy Storage Systems (ESS). The initial demonstration deployment in the Springfield electricity grid is aimed to evaluate how Springfield's energy supply can be made more efficient and sustainable, and will be using NorthStar BLUE+ batteries monitored by the remote management solution NorthStar ACE. ESS represents an emerging industry with a potential worldwide capacity of multiple gigawatt hours. There has been a tremendous growth in the ESS market globally aligned with the increased deployment of renewable energy and tighter emission restrictions of coal-fired power plants.   

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      Mentions: Missouri Sweden
    4. AEG Power Solutions Announces its New Outdoor Storage Converter for On and Off-Grid Energy Storage Applications at Energy Storage Europe 2017

      AEG Power Solutions Announces its New Outdoor Storage Converter for On and Off-Grid Energy Storage Applications at Energy Storage Europe 2017

      AEG Power Solutions, a global provider of power supply systems and solutions for all types of critical and demanding applications, announces its latest version of their Protect SC. 600 Storage Converter, now with a new outdoor enclosure which reduces global installation costs and simplifies system usage, for any type of battery storage energy application, on or off-grid.

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      Mentions: Europe Netherlands SC
    5. Younicos to Upgrade Kodiak Island to Lithium Energy Storage

      Younicos to Upgrade Kodiak Island to Lithium Energy Storage

      In 2007, KEA set a goal to produce 95 percent of Kodiak’s energy from renewable sources by 2020, to reduce reliance on diesel fuel and lower the cost of generation to customers. Today, the island has achieved that goal through a combination of hydroelectric and wind energy, KEA officials say. The new batteries will permit greater harvesting of wind potential.

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    6. Dynapower Energy Storage Inverter is the First Designated as 'Smart'

      Dynapower Energy Storage Inverter is the First Designated as 'Smart'

      Vermont Business Magazine South Burlington-based Dynapower, the global leader in energy storage inverters, and Intertek, a leading provider of quality solutions to industries worldwide, have jointly announced that Dynapower’s MPS-250 (link is external) is the first storage-only energy inverter to be confirmed by Intertek to meet the UL 1741 SA draft requirements for a “smart” inverter. Compliance with this standard ensures that Dynapower’s MPS-250 smart inverter is California Rule 21 and Hawaii Rule 14H compliant through development of advanced inverter features. This was achieved by Dynapower through the use of Intertek’s SATELLITE™ Data Acceptance Program.

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      Mentions: CA HI VT
    7. Lead Acid Storage Firm Ecoult Receives ARENA Funding to Help India Expansion

      Lead Acid Storage Firm Ecoult Receives ARENA Funding to Help India Expansion

      Sydney-based lead-acid energy storage specialist Ecoult has secured AU$4.1 million (US$3.13 million) recoupable funding from the Australian Renewable Energy Agency (ARENA) to develop and commericalise its UltraBattery products. This supports a AU$10.6 million (US$8 million) venture from Ecoult to enhance its lead-acid battery’s performance and the extra funding will also be used for the expansion of the company’s engineering team in Sydney. It will also help Ecoult move into international markets after it recently signed a global manufacturing deal with India’s largest battery manufacturer, Exide Industries, which will manufacture and distribute the UltraBattery in India and South Asia.

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      Mentions: Australia Asia India
    8. Energy Storage Business Model Proposed by Con Edison

      Energy Storage Business Model Proposed by Con Edison

      Consolidated Edison wants to test out a new energy storage business model in a project planned with microgrid developer GI Energy at four customer sites. The New York utility proposed the demonstration project in a Reforming the Energy Vision (REV) filing before the state Public Service Commission late last week (Case 14-M-0101). The new model pays customers for hosting batteries through leases. It is designed to spare customers the confusion of navigating complex wholesale markets to make money from a battery. 

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      Mentions: NY WA
    9. Eguana and LG Chem to Expand Energy Storage Partnership

      Eguana and LG Chem to Expand Energy Storage Partnership

      CALGARY, ALBERTA -01/18/17- Eguana Technologies Inc. announced today that it has expanded its energy storage partnership with LG Chem. Development has begun to optimize integration and delivery of LG Chem's new industry-leading JH3 battery cell technology for stationary storage systems as part of Eguana's AC Battery portfolio. Since the product was first announced, the US Residential AC Battery, based on LG Chem's JH2 cell technology, has been certified to meet US national standards and passed rigorous internal testing at both Eguana and LG Chem. Deployments in the Hawaii and California markets have taken place in both homeowner and utility applications.

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      Mentions: CA LG
    10. Ormat Enters the Growing Energy Storage and Demand Response Markets by Acquiring the Business of Viridity Energy

      Ormat Enters the Growing Energy Storage and Demand Response Markets by Acquiring the Business of Viridity Energy

      RENO, Nev., Jan. 03, 2017 - Ormat Technologies, Inc. (“Ormat”)  today announced that it has entered into a definitive agreement to acquire substantially all of the business and assets of Viridity Energy, Inc. (“Viridity”), a privately held Philadelphia-based company with nearly a decade of expertise and leadership in demand response, energy management and storage. The acquisition, which is expected to close early 2017, will mark Ormat’s entry into the growing energy storage and demand response markets, with an established North American presence.

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    11. SolarReserve Wins Platts Global Energy Award for Commercial Application of the Year 2016

      SolarReserve Wins Platts Global Energy Award for Commercial Application of the Year 2016

      SANTA MONICA, Calif., Dec. 12, 2016 -- SolarReserve, a leading global renewable infrastructure developer of utility-scale solar power projects and advanced solar thermal technology with integrated energy storage, received Commercial Application of the Year for its Crescent Dunes Solar Energy Project at the 2016 Platts Global Energy Awards, one of the industry's most prestigious awards. Hosted by S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, the Platts Global Energy Awards have honored and recognized those who have transcended the status quo in the name of excellence in leadership, innovation and performance in the energy industry.

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      Mentions: SolarReserve
    12. Dynapower and Samsung SDI Launch Integrated Storage Solution for the Behind-the-Meter Energy Storage

      Dynapower and Samsung SDI Launch Integrated Storage Solution for the Behind-the-Meter Energy Storage

      SOUTH BURLINGTON, Vt., Dec. 07, 2016 - Dynapower Company and Samsung SDI announce the introduction of an integrated behind-the-meter energy storage system built on their respective proven technologies. The initial release of the system will be a 250 kW/550 kWh offering, with a 100 kW two-hour system to follow.

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    13. Customized Energy Solutions supports Distributed Energy Resources in CAISO

      Customized Energy Solutions supports Distributed Energy Resources in CAISO

      PHILADELPHIA, PA--(December 07, 2016) - Customized Energy Solutions, Ltd. (CES) now provides services to Distributed Resource Energy Providers at the CAISO as highlighted in the CAISO's informational filing with FERC on November 30 in Docket ER16-1085. The new CAISO market entity, the Distributed Energy Resource Provider (DERP), is a means to integrate distributed resources into the CAISO at a lower cost and with more efficiency. As California transitions to a 50% Renewable Portfolio Standard by 2030, CES is eager to be a leader in the implementation of market design changes that better facilitate participation by distributed resources on the California ISO grid such as the DERP.

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      Mentions: CA PA FERC
    14. General Motors Invests in Wind Energy Solutions

      General Motors Invests in Wind Energy Solutions

      Wind will power Arlington’s General Motors Co. assembly plant, as the automaker purchases enough electricity to power 16 U.S. facilities. GM will purchase 193,000 megawatt-hours of electricity annually, enough to power the company’s business offices in Fort Worth and Austin, as well as the assembly and stamping complex in Arlington and 13 parts warehouses across the western half of the country. The agreement marks the largest purchase of renewable energy in the company’s history.

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      Mentions: GM
    15. Adara Power and Diablo Solar Partner to Provide Energy Storage to San Francisco East Bay Area

      Adara Power and Diablo Solar Partner to Provide Energy Storage to San Francisco East Bay Area

      Adara Power, a privately-held Silicon Valley company committed to providing safe, reliable, intelligent, and connected energy storage, announces its partnership with Diablo Solar Services to offer Residential and Commercial Energy Storage Solutions to customers in the East Bay area. Diablo Solar is a long-time solar installer with more than 32 years of experience and 21,000 solar systems. The addition of the Adara Energy Storage Solutions enables Diablo Solar to meet an increasing demand for behind-the-meter storage to deliver grid-tied back-up power and perform energy peak-shifting to reduce electricity bills for customers with time-of-use rates or high demand charges.

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    16. Lithium Ion Batteries Account for 83 Percent of Newly Announced Energy Storage System Capacity, According to Navigant Research

      Lithium Ion Batteries Account for 83 Percent of Newly Announced Energy Storage System Capacity, According to Navigant Research

      A new report from Navigant Research examines global energy storage projects, providing a database of more than 1,200 projects encompassing more than 43,000 individual systems, with an analysis of regional technology choices and market shares. Market activity in the energy storage sector continues to grow, with new project announcements occurring routinely and industry players exploring innovative business cases to make energy storage systems (ESSs) profitable. Nearly two gigawatts (GW) of new ESSs have been announced in 2016 so far, and several projects have reached commercial operation this quarter alone. Click to tweet: According to a new report from @NavigantRSRCH, lithium ion (Li-ion) batteries remain the leading energy storage technology for new projects worldwide (excluding pumped hydro storage), accounting for 83 percent of newly announced ESS capacity through 3Q 2016.

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    17. SMA and LG Chem Announce Energy Storage Partnership and Promise 80% Savings on Electricity Bill

      SMA and LG Chem Announce Energy Storage Partnership and Promise 80% Savings on Electricity Bill

      The new storage solution comprises SMA’s Sunny Boy Storage 2.5 battery inverter and LG Chem’s RESU 10H and 7H storage units. Going forward, the two partners are planning to expand the focus of their collaboration on utility-scale storage solutions with the SMA Sunny Central Storage battery inverter.

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    18. Leclanché to Undertake First Energy Storage Project in the US

      Leclanché to Undertake First Energy Storage Project in the US

      It is undeniable that the energy storage industry is booming in markets across the world, as more people consider it the key to renewable energy integration. Swiss integrated energy storage solution company, Leclanché, is feeling the effects of this boom, and has now announced its first project in the U.S. The company was selected by Swiss Green Electricity Management Group (SGEM) to provider EPC contractor services and a turnkey battery storage system for the 20 MW Marengo Energy Storage Plant in Chicago. The project, developed by GlidePath Power, is a landmark project in the region, as one of the largest commercial battery storage projects in the country.

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    19. Swiss Green Electricity Management Group, the Independent Owner and Operator of Energy Storage Assets Globally, Announces its First Investment in US PJM Regulation Market

      Swiss Green Electricity Management Group, the Independent Owner and Operator of Energy Storage Assets Globally, Announces its First Investment in US PJM Regulation Market

      LAUSANNE, Switzerland, 1st November 2016. Swiss Green Electricity Management Group (SGEM), an innovative investment company focused on the rapidly growing international energy storage market, has been formed by a group of Swiss entrepreneurs led by Swiss investor Antoine Spillmann, the CEO and executive partner at Swiss-based Bruellan Wealth Management. SGEM acquires late-stage energy storage projects on a build-own-operate model. The group provides equity capital, leads project finance and supervises construction and operation of the respective energy storage assets to deliver risk-adjusted returns to investors.

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      Mentions: France U.S. Europe
    20. Lockheed Martin and CoGen to Build Energy-from-Waste Plant in Wales

      Lockheed Martin and CoGen to Build Energy-from-Waste Plant in Wales

      LONDON, Oct. 11, 2016 - Lockheed Martin (NYSE: LMT) has signed a teaming agreement with CoGen Limited to develop energy-from-waste projects in the United Kingdom, starting with a new plant in Cardiff, Wales. The Cardiff facility will convert waste into up to 15 megawatts (MW) of energy, enough to power about 15,000 homes and businesses in the local area. To generate energy, the plant will process approximately 150,000 tons of waste per year, significantly reducing the need for landfill use. Construction is expected to begin in 2018, with operations starting in 2020.

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      Mentions: MD UK Lockheed
    21. Sunverge Announces New Demand Charge Management Features

      Sunverge Announces New Demand Charge Management Features

      SAN DIEGO, Oct. 5, 2016 /PRNewswire/ -- Energy Storage North America -- Sunverge Energy, a leading provider of intelligent energy storage systems for residences and small businesses, today announced the addition of money-saving demand charge management features to its energy management platform. Using sophisticated predictive analytics, the new algorithm determines the ideal mix of PV, storage and grid power to keep a customer from incurring demand charges – saving customers money while reducing peak load on the grid. Proposals for residential demand charges are on the rise in the U.S., as utilities and regulators consider alternative mechanisms to allocate grid costs to residential Distributed Energy Resource (DER) customers. While most such proposals are still under consideration, demand charges are becoming more prevalent in some of the world's fastest-growing energy storage markets such as Australia and Japan.

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      Mentions: Sunverge
    22. Aquion Energy and Fusion Power Systems Announce Fully Integrated Titan SmartStorage System for Australian Residential Solar Market

      Aquion Energy and Fusion Power Systems Announce Fully Integrated Titan SmartStorage System for Australian Residential Solar Market

      PITTSBURGH, PA and SOUTH MELBOURNE, AUSTRALIA -- 10/03/16 -- Aquion Energy, Inc., manufacturer of Aspen saltwater batteries and energy storage systems, and Fusion Power Systems, a leading Australian power and energy systems integrator, have announced Titan SmartStorage, a fully integrated solar energy storage solution for residential applications in Australia. The Titan SmartStorage product will be unveiled today at the All-Energy 2016 conference in Melbourne, Australia, and is now available to order. Fusion's Titan SmartStorage is Australia's first fully integrated, safe, and easy-to-install residential solar energy storage system. The system combines clean and cost-effective Aquion Energy Aspen saltwater batteries with an Australian-made, purpose-built inverter and charge controller, designed and built to withstand Australian conditions.

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      Mentions: Australia PA Aquion
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