1. Articles in category: Lead

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    1. 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
    2. 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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    3. 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
    4. 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
    5. 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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    6. 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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    7. 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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    8. 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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    9. 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
    10. 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
    11. 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
    12. 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
    13. U.S. Eaton, AES to Sell Advancion Energy Storage in EMEA

      U.S. Eaton, AES to Sell Advancion Energy Storage in EMEA

      Dubai, UAE - Power management company Eaton (NYSE: ETN) and The AES Corporation (NYSE: AES), through its subsidiary, AES Energy Storage, has announced the signing of an alliance agreement under which Eaton will offer AES’ Advancion® energy storage platform as the core of its grid-scale, integrated energy storage systems to help manage grid stability and peak demand infrastructure. The agreement is part of an AES initiative with select leading companies to ensure the global availability of the award-winning Advancion energy storage platform. Eaton will supply the energy storage systems, provide support and ensure long-term operation directly to utilities, industrial and commercial customers, independent power producers and power system operators across Europe, the Middle East, and Africa (EMEA).

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      Mentions: U.S. Africa Europe
    14. Utility Involvement in the Emerging U.S. Residential Energy Storage Market is Expected to Be Crucial to Further Growth, According to Navigant Research

      Utility Involvement in the Emerging U.S. Residential Energy Storage Market is Expected to Be Crucial to Further Growth, According to Navigant Research

      Collaborations between utilities and residential system providers have been one of the key factors in the industry’s growth to date, report finds. A new slide-based report from Navigant Research analyzes the U.S. residential energy storage (RES) market, focusing on the value these systems can provide customers and grid operators, as well as on collaborations between utilities and leading vendors, with system cost projections and adoption forecasts provided through 2025.

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      Mentions: U.S.
    15. AES Energy Storage and RES Rank as Top Utility-Scale Energy Storage Systems Integrators in Navigant Research Assessment

      AES Energy Storage and RES Rank as Top Utility-Scale Energy Storage Systems Integrators in Navigant Research Assessment

      A new Leaderboard report from Navigant Research examines the strategy and execution of 14 leading energy storage systems integrators (ESSIs) in the utility-scale market, providing industry participants with an objective assessment of these companies' relative strengths and weaknesses. As the energy storage industry continues to develop, the role of the systems integrator is becoming more and more important. Energy storage systems (ESSs) will increasingly need to serve different applications—ranging from short-duration and high-power ancillary services to long-duration time shifting of energy—and systems integrators will be responsible for managing this complexity by designing systems that can provide maximum value to both the grid and the system owners. Click to tweet: According to a new Leaderboard report from @NavigantRSRCH, AES Energy Storage and RES are the leading utility-scale energy storage systems integrators in terms of strategy and execution.

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    16. ViZn Energy Systems and Jabil Inala Partner to Power Africa

      ViZn Energy Systems and Jabil Inala Partner to Power Africa

      ViZn Energy Systems Inc. (ViZn), a leading provider of zinc and iron chemistry-based flow battery energy storage systems for utilities and microgrids, announced today that they will be partnering with Jabil Inala to offer turnkey storage solutions to the African power market. Africa has 13 percent of the world's population, but accounts for only four percent of the world's energy demand, leaving a gap of around 600 million people with no access to electricity according to the International Energy Agency's Africa Energy Outlook. 

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    17. Renewable Energy Leader Geoffrey Brown Named Powin Energy's President

      Renewable Energy Leader Geoffrey Brown Named Powin Energy's President

      TUALATIN, OR--(Aug 11, 2016) - Powin Energy, a leading designer and developer of safe and scalable energy storage solutions for utilities, C&I, and EV fast-charging stations, announced today that energy industry leader Geoffrey Brown has been named the company's new president. Brown brings over a decade of international project financing, business development, and implementation expertise and joins Powin at a key moment in the company's history. "Powin Energy's strategy and technology have proven to be successful as they are providing strong value to energy storage customers through software and integration," said Brown. "It is an exciting time to be in the energy storage industry and I look forward to leading the charge in the next chapter of the Powin story."

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      Mentions: U.S. OR Mexico
    18. Sunverge Customer AGL Launches World’s Largest Virtual Power Plant

      Sunverge Customer AGL Launches World’s Largest Virtual Power Plant

      SAN FRANCISCO, Aug. 5, 2016 -- Sunverge Energy, a leading provider of intelligent energy storage systems for residences and small businesses, today announced it is partnering with Australia energy retailer AGL and the federal government's Australian Renewable Energy Agency (ARENA), to develop the world's largest Virtual Power Plant (VPP)"This project is the world's largest, the first of its kind and an innovative solution to both help customers manage their energy bills and at the same time contribute to grid stability," said AGL Managing Director and CEO Andy Vesey. "This project is core to AGL's strategy of being a manager of distributed energy resources. It also leverages our investment in Sunverge and helps us to continue to improve the digital customer experience."

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      Mentions: Australia Sunverge
    19. New Energy Storage Deployments in Major World Markets Are Expect

      New Energy Storage Deployments in Major World Markets Are Expect

      A recent report from Navigant Research examines the market for grid-tied energy storage systems (ESSs) in 22 countries, with forecasts for power capacity, energy capacity, and revenue, segmented by technology, through 2025. The major markets in North America are expected to be the largest globally for grid-tied ESSs in 2015, but the more rapidly growing Asia Pacific markets are expected to take the lead around 2018. Overall, the five major markets in Asia Pacific are expected to deploy 199.5 MW of distributed storage capacity in 2015, increasing to 9,416.6 MW in 2025 at a compound annual growth rate (CAGR) of 47 percent. Click to tweet: According to a recent report from @NavigantRSRCH, new energy storage deployments in major world markets are expected to total nearly 62 GW from 2015 to 2025.

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      Mentions: Asia U.S. China
    20. Largo Resources Announces Non-Binding M.O.U. with Vionx Energy Corporation

      Largo Resources Announces Non-Binding M.O.U. with Vionx Energy Corporation

      TORONTO, July 18, 2016 - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQB: LGORF) is very pleased to announce that it has entered into a non-binding memorandum of understanding (the "MOU") with Vionx Energy Corporation ("Vionx"), a company which develops, produces and sells Vanadium Redox Flow Batteries ("VRBs") for utility grid applications. The MOU summarizes the principal terms upon which Largo and Vionx will continue discussions that may lead to the supply by Largo of vanadium electrolyte to Vionx to further the research and development of advanced VRBs utilizing VNX Grid Energy Storage Systems. Largo and Vionx have agreed to continue discussions aimed at achieving stable pricing and necessary capacity with an industry leading value proposition for VRB systems, utilizing Vionx product technical, cost, and partner advantages combined with Largo supply capacity, cost advantage, and high quality processing capability.

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      Mentions: India MD Siemens
    21. UniEnergy to Supply ReFlex Energy Storage System for US Grid Modernization Project

      UniEnergy to Supply ReFlex Energy Storage System for US Grid Modernization Project

      UniEnergy Technologies (UET) will deliver a 100kW/400kWh ReFlex energy storage system for a utility grid modernization project in the US. The project, which is being carried out jointly by EPB of Chattanooga and three US national laboratories, will assess the benefits and challenges of energy storage integration with electric utilities. The UET ReFlex system will allow an islandable microgrid at the operations center of EPB, which serves the greater Chattanooga, Tennessee, area.

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      Mentions: DoE U.S. ORNL
    22. Adara Power and Smart Utility Systems Partner to Offer Distributed Energy Storage Aggregation

      Adara Power and Smart Utility Systems Partner to Offer Distributed Energy Storage Aggregation

      SAN JOSE, Calif., July 12, 2016 Adara Power, a privately-held Silicon Valley company committed to providing safe, reliable, intelligent, and connected energy storage, announces its partnership with Smart Utilities Systems (SUS), who leads the industry with its innovative mobile - energy & water cloud Software-as-a-Service platform for digital customer engagement and big data analytics for global electric, gas and water utilities addressing challenges of energy sustainability & water conservation.

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    23. Global Annual Deployments of Residential Energy Storage Systems

      Global Annual Deployments of Residential Energy Storage Systems

      A new report from Navigant Research examines trends in the residential energy storage industry, providing an analysis of utility involvement, business models, and a projected growth path, with global market forecasts for capacity and revenue in major regions, through 2025. Momentum in the residential energy storage industry is growing rapidly as utilities begin to recognize the value residential energy storage systems (RESSs) can provide. The growing popularity of these systems—driven by a growing residential solar PV industry, falling systems costs, rising electricity prices, and a push to improve resiliency—holds enormous potential to dramatically alter the electricity industry in terms of the grid’s physical structure, business models, and utility-customer relationships. Click to tweet: According to a new report from @NavigantRSRCH, global annual deployments of RESSs are expected to increase from 94.9 MW in 2016 to 3,773.3 MW in 2025.

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      Mentions: Australia Japan U.S.
    24. Advanced Microgrid Solutions and Opus One Solutions Partner to Provide Cutting-Edge Suite of Distribution Services

      Advanced Microgrid Solutions and Opus One Solutions Partner to Provide Cutting-Edge Suite of Distribution Services

      SAN FRANCISCO and TORONTO, July 5, 2016 - Advanced Microgrid Solutions (AMS), a pioneer in the use of energy storage systems for electric utility grid support, and Opus One Solutions (Opus One), a leading smart grid software engineering company, today announced an agreement to jointly offer a cutting edge suite of solutions for the distribution grid. The partnership combines both companies' expertise to provide utilities with a comprehensive platform for real-time management and optimization of the electric grid. AMS and Opus One will pair advanced energy storage systems with real-time grid level energy management software to bring utilities an unmatched degree of grid visibility, control, and optimization. This industry-leading solution set will support widespread deployment and operation of distributed energy resources, including renewable energy. In addition to the benefits to utilities, the solutions provided by AMS and Opus One will help customers optimize their energy strategies while contributing to a stronger, more resilient grid.

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