Gridco, a startup founded by Sycamore Network’s founder Naimish Patel, received $8M in equity according to SEC documents filed Wednesday. Gridco received $12.5M July 2011 bringing the total amount to at least $20.5M.
Siemens Infrastructure & Cities connected a 1MVA, 500kWh pilot energy storage solution to the medium voltage distribution network of Italian utility, Enel, in February. Enel uses it to study Smart Grid solutions for voltage regulation, integration of renewables, the integration of EV charging stations, and black start capabilities.
Industry events and conferences can help you stay on top of industry trends and technologies and make important contacts. Our calendar is loaded with upcoming events, with links for further details.
Grid operators have to deal with electricity from solar PV coming back at them in highly varied waves. Utilities also have to worry how much less electricity they are going to sell. Battery storage systems and battery electric vehicles connected to the grid offer other alternative solutions. But what are the best kind and size of batteries, and what is the best way to connect them?
A123 Systems will deliver six Grid Battery Systems™ to the UK's largest smart grid project to provide load shifting and voltage fluctuation management capabilities for Northern Powergrid, the country's electric grid, and are expected to be online by year end.
The U.S. Department of Energy (DOE) is working to promote energy storage in the smart grid through educational materials, federal stimulus funds and pilot projects with utilities.
The global market for uninterruptible power supply (UPS) systems will expand from $8.2 billion in 2011 to $9.4 billion this year, which represents a year-over-year growth rate of 14%, according to a report from Pike Research. By 2015, the UPS market will grow to $13.2 billion.
Energy storage at the distribution substation level accounts for a fraction of smart grid investment. IMS Research predicts that revenues for energy storage in distribution substations will grow at a more than 50% annually over the next several years.
Most DG units rely on intermittent energy sources, such as wind or solar, which could create voltage and frequency fluctuations in the main electric grid. To remedy this issue, utilities have to deploy smart grids and advanced electricity storage and managing systems.
The National Renewable Energy Laboratory (NREL) has released a report to help car designers and engineers optimize the connection of electric vehicles and hybrids to utility grids. The report provides an interim test plan for evaluating vehicle-to-grid (V2G) interconnection.
The most critical component of the Green Energy Park is the 1.5MW Li-ion battery. 310,000 batteries are entombed in 1000 battery systems.
Officials are celebrating the groundbreaking of a 2MW solar array in Los Alamos that will be part of a smart grid collaboration with Japan … Later phases of the project will include a large-scale battery.