1. Articles in category: Commercial & Industrial

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    1. NantEnergy Acquires Sharp’s Energy Systems & Services Business in US

      NantEnergy Acquires Sharp’s Energy Systems & Services Business in US

      NantEnergy has acquired Sharp Electronics Corporation's US-based energy systems and services business, which develops and delivers energy management systems across the country. As part of the deal, NantEnergy retained the entire Energy Systems and Services team, including Carl Mansfield, former general manager and founder of Sharp's energy system and services group. Mansfield will continue with NantEnergy as vice president, system solutions. Among the products that NantEnergy will acquire includes the SmartStorage behind-the-meter energy storage system.

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      Mentions: CA
    2. Battery Storage to Become $1.2trn Market, with Australia Leading the Way

      Battery Storage to Become $1.2trn Market, with Australia Leading the Way

      Australia is set to lead the global energy storage boom, which according to a report by Bloomberg New Energy Finance (BNEF) will grow to a $1.2trn industry. The global energy storage market is set to draw in $1.2trn investment by 2040 and the cost of batteries is also set to significantly decrease. The report, entitled the Long-Term Energy Storage Outlook, predicts a strong uptake of stationary energy storage, thanks to households trying to maximise solar self-generation and networks working to balance increasingly renewable grids.

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      Mentions: Australia Japan India
    3. Virginia 10-year Energy Plan Includes 5 GW of Renewables, EVs, Grid Modernization

      Virginia 10-year Energy Plan Includes 5 GW of Renewables, EVs, Grid Modernization

      Virginia released its annual 10-year energy plan on Tuesday, recommending development of 3 GW of solar and onshore wind by 2022, and 2 GW of offshore wind by 2028. Dominion Energy, the largest electric utility in the state, has partnered with Denmark's DONG Energy to develop a 12 MW Virginia offshore wind facility and officials say it could ultimately be expanded to serve more than 500,000 customers.

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    4. Energy Storage Association Seeks Clarity on Eligibility of Energy Storage for Investment Tax Credit

      Energy Storage Association Seeks Clarity on Eligibility of Energy Storage for Investment Tax Credit

      The Energy Storage Association (ESA) recently issued a statement thanking U.S. Sens. Tim Scott (R-SC) and Michael Bennet (D-CO) for their efforts to obtain clarification on the eligibility of energy storage for the Investment Tax Credit (ITC). The Investment Tax Credit is currently a 30 percent federal tax credit claimed against the tax liability of residential and commercial and utility investors in solar energy property. The senators sent a letter on Sept. 20 to Treasury Secretary Steven Mnuchin seeking clarification on the eligibility of energy storage technologies under Internal Revenue Code Section 48 when energy storage is added to an existing ITC-eligible technology. The senators requested that the clarification be included in the IRS’ 2018-2019 Priority Guidance Plan.

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      Mentions: U.S. ESA CO
    5. NEC Energy Solutions Announces DC-Coupled Energy Storage Solution for Solar

      NEC Energy Solutions Announces DC-Coupled Energy Storage Solution for Solar

      BOSTON--Sep 25, 2018--NEC Energy Solutions (NEC) announced today that they have introduced a DC-coupled energy storage solution for solar adding to their existing AC-coupled solution to leverage the rapidly expanding solar+storage market. NEC’s DC-coupled and AC-coupled solutions combined with the company’s proprietary AEROS® controls system allow for seamless integration of new and retrofit PV systems. Both options for adding energy storage to solar are available on NEC’s GSS® grid energy storage platform.

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      Mentions: NEC
    6. Maxwell Technologies Announces Ultracapacitor Grid Energy Storage Subsystem Design-in with Siemens Transmission Solutions to Stabilize Global Power Grids

      Maxwell Technologies Announces Ultracapacitor Grid Energy Storage Subsystem Design-in with Siemens Transmission Solutions to Stabilize Global Power Grids

      SAN DIEGO, Sept. 5, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. , a leading developer and manufacturer of energy storage and power delivery solutions, today announced a grid energy storage subsystem design-in with Siemens to deliver economical, fast responding, long life grid voltage and frequency support solutions. The new Siemens Static VAR Compensator plus Frequency Stabilizer (SVC PLUS FS) enables ISOs, electric utilities and transmission system operators to have better control of their grids and reduce the risk of blackouts.

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      Mentions: Siemens CO Maxwell
    7. India Working Towards a National Energy Storage Mission

      India Working Towards a National Energy Storage Mission

      To keep pace with the changing dynamics of the energy markets, India is now working toward a National Energy Storage Mission (NESM). In February 2018, a committee with representatives from relevant ministries, industry associations, research institutions and experts, was constituted by the MNRE to propose a draft for setting up NESM in India.

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      Mentions: India BESS
    8. Further Tax Cuts on Li-ion Would be 'Essential Boost' for India's Energy Storage Industry

      Further Tax Cuts on Li-ion Would be 'Essential Boost' for India's Energy Storage Industry

      India’s Goods and Services Tax (GST), a single tax applicable across the whole of the country, will be lowered for lithium-ion batteries by 10% in a move which has been welcomed by the India Energy Storage Alliance (IESA). All goods and services are taxable under the law, which was introduced in 2017. Along with a wide range of other changes, the GST rates on lithium-ion batteries has dropped from 28% to just 18%. In related news, fuel cell vehicles will see their GST reduced from 28% to 12%.

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    9. GE Announces Innovative Energy Storage Platform called the Reservoir

      GE Announces Innovative Energy Storage Platform called the Reservoir

      GE Announces Innovative Energy Storage Platform called the Reservoir Press release from GE With a commitment to deliver cleaner, more reliable power where and when it's needed most, GE (NYSE: GE) today launched the GE Reservoir - a comprehensive energy storage platform that delivers a suite of customized storage solutions to help customers address new challenges and seek new opportunities in a rapidly transforming power grid that is becoming more highly diversified and distributed.

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      Mentions: GE UK
    10. Maxwell Technologies Launches Advanced Energy Storage Power Delivery Solutions for Utility Grids

      Maxwell Technologies Launches Advanced Energy Storage Power Delivery Solutions for Utility Grids

      SAN DIEGO , June 27, 2018 -- Maxwell Technologies, Inc., a leading developer and manufacturer of energy storage and power delivery solutions, today announced the launch of two new highly scalable products to deliver reliable, fast responding, long lifetime storage in grids and microgrids.

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    11. NEC Energy Solutions Commissions Europe's Largest Energy Storage System For EnspireME

      NEC Energy Solutions Commissions Europe's Largest Energy Storage System For EnspireME

      NEC Energy Solutions (NEC) announced today that they have completed and commissioned the largest energy storage system in Europe for Germany-based EnspireME, a joint venture between Eneco, a Netherlands-based renewable energy company and Mitsubishi Corporation. The 48 MW energy storage system located in Jardelund, Germany has over 50 MWh of storage capacity and will generate revenue from the primary reserve market by providing reactive power to stabilize the transmission grid.

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      Mentions: France Belgium Europe
    12. UK Power Reserve Partners with Global Energy Storage Provider Fluence to Deliver 60MW Battery Storage for UK Grid

      UK Power Reserve Partners with Global Energy Storage Provider Fluence to Deliver 60MW Battery Storage for UK Grid

      SOLIHULL, England & ARLINGTON, Va.--(Business Wire)--UK Power Reserve is pleased to announce that it has partnered with Fluence, a market-leading global provider of energy storage technology and services, to deliver the first phase of its 120MW battery storage portfolio. This partnership represents the single largest energy storage portfolio transaction with one technology provider announced in the UK to date. Read more: http://www.digitaljournal.com/pr/3811487#ixzz5IFO01Nqz

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      Mentions: IN Asia Africa
    13. Kokam Delivers 30 Megawatt Energy Storage System to Alinta Energy: Largest Lithium Ion Battery Deployed for an Industrial Application in Australia

      Kokam Delivers 30 Megawatt Energy Storage System to Alinta Energy: Largest Lithium Ion Battery Deployed for an Industrial Application in Australia

      SEOUL, South Korea, May 16, 2018 /PRNewswire/ -- Kokam Co., Ltd, the world's premier provider of innovative battery solutions, today announced that it has successfully deployed for Alinta Energy, a leading Australian utility, a 30-megawatt (MW) system / 11.4-megawatt hour (MWh) Energy Storage System (ESS), the largest lithium ion battery deployed for industrial application in Australia. The ESS features Kokam's high power Lithium Nickel Manganese Cobalt (NMC) Oxide battery technology, and is being used to improve the performance of an islanded high voltage network, which supplies power to major iron ore producers in the Pilbara region of Western Australia.

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      Mentions: Australia MD CO
    14. ACCIONA Receives Grid-Scale Energy Storage Certificate

      ACCIONA Receives Grid-Scale Energy Storage Certificate

      ACCIONA Energia has received the first-ever prototype certificate for a grid-scale energy storage solution by DNV GL. The handover of the certificate took place at the American Wind Energy Association’s 2018 WNDPOWER Conference in Chicago. To explore the possibilities of grid-scale storage, ACCIONA Energia started up a hybrid plant for storing electricity in batteries as part of its grid-connected wind farm at Barasoain in Navarra, northern Spain.

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    15. NEC to Supply 20 MW Energy Storage System to Orsted UK

      NEC to Supply 20 MW Energy Storage System to Orsted UK

      WESTBOROUGH, Mass.--NEC Energy Solutions (NEC ES), a wholly-owned subsidiary of NEC Corporation, is supplying Orsted UK with a 20 MW GSS® Grid Storage Solution. Once completed and operational by the end of 2018, the system will be used to provide services to the UK’s National Grid to help manage grid stability during changes between peak and low power demand.

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      Mentions: Denmark MA UK
    16. Goldwind Installs Primus Power Energy Storage System at Beijing

      Goldwind Installs Primus Power Energy Storage System at Beijing

      HAYWARD, Calif., April 01, 2018 — (“Primus”), the leading long duration stationary energy storage company, announced today that Etechwin is operating an EnergyPod 2 at their Beijing campus.  Etechwin is the microgrid subsidiary of Goldwind, a world-leading wind turbine manufacturer.

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      Mentions: U.S. China Hong Kong
    17. Goldwind Installs Primus Power Energy Storage System at Beijing Campus

      Goldwind Installs Primus Power Energy Storage System at Beijing Campus

      HAYWARD, Calif., April 01, 2018 - Primus Power (“Primus”), the leading long duration stationary energy storage company, announced today that Etechwin is operating an EnergyPod 2 at their Beijing campus. Etechwin is the microgrid subsidiary of Goldwind, a world-leading wind turbine manufacturer. The curtailment on wind energy is a significant economic problem, especially in western China. As stated by Bloomberg, "drawing upon data from China's National Energy Administration, Bloomberg New Energy Finance recently estimated that owners of China’s wind and solar assets forewent approximately $4.7 billion in potential revenue due to curtailment in 2017.” In June 2017, the Qinghai province recognized the critical role that energy storage can play to reduce curtailment and proposed new legislation that would mandate the use of energy storage systems with new wind turbine installations.

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      Mentions: U.S. China Hong Kong
    18. ENGIE Storage Names Energy Executive Christopher Tilley CEO

      ENGIE Storage Names Energy Executive Christopher Tilley CEO

      SANTA CLARA, Calif.--(BUSINESS WIRE)--ENGIE Storage, formerly Green Charge today named Christopher Tilley Chief Executive Officer. Chris comes to ENGIE Storage with 20 years of experience leading early stage high growth companies and deep experience in the energy industry. He succeeds Founder Vic Shao who will remain with the company as chairman and will lead international energy storage business development efforts on behalf of ENGIE.

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      Mentions: CA France U.S.
    19. The Outlook for Energy Storage in New York is bright - Here’s Why

      The Outlook for Energy Storage in New York is bright - Here’s Why

      2018 promises to be an exciting year for energy storage in New York State. The year began with a major announcement by Governor Andrew Cuomo who, in his annual State of the State address, announced a new energy storage initiative and set an unprecedented 1.5GW target for energy storage deployment in the state by 2025. Governor Cuomo also announced the investment of more than US$260 million in funding to accelerate the growth of the industry. The initiative is intended to spur the widespread deployment of energy storage systems in the state and grow 30,000 jobs in the state’s energy storage industry.

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      Mentions: NY-BEST NY NYSERDA
    20. Leclanché Building Complete Energy Storage Systems for Commercial and Industrial Applications with NRStor C&I in ...

      Leclanché Building Complete Energy Storage Systems for Commercial and Industrial Applications with NRStor C&I in ...

      YVERDON LES BAINS, Switzerland and DALLAS and TORONTO, Feb. 8, 2018-- Leclanché SA (SIX: LECN), a leading global and vertically-integrated battery energy storage solution company, has been selected by NRStor C&I, a subsidiary of NRStor Inc., to build a complete battery energy storage system under a turn-key EPC agreement for an Ontario-based industrial company seeking to reduce its energy costs through emissions-free technology. NRStor C&I, based in Toronto, is the principal investor in this project and will serve as the project owner and operator. It is a leading Canadian energy storage project developer and owner in the commercial, industrial and institutional space. NRStor C&I operates under a build, own and operate structure with a goal of reducing customers' electricity cost via peak demand reduction and optimizing multiple cashflow streams while utilizing a fossil fuel-free technology that helps customers reduce their carbon footprint.

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      Mentions: Asia U.S. Europe
    21. Energy Storage Association Chief Responds to Former US Energy Secretary Comments

      Energy Storage Association Chief Responds to Former US Energy Secretary Comments

      Kelly Speakes-Backman, CEO of ESA told Power Engineering International, that commentators should note the continuing decline in the price of the technology, and also the need to invest more in research and development to bolster its capabilities. Professor Chu, who served during the Obama administration, was reported in the Australian as saying that the huge lithium-ion battery built in South Australia by Tesla boss Elon Musk had cost about 40 times as much as an equivalent power plant using an existing hydro-electric dam. He said while the costs of building battery plants were likely to halve over the next decade, the approach would never be cheap enough to accommodate the big seasonal shifts in renewable power production.

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      Mentions: ESA
    22. S&C Electric Leaves the Energy Storage Production Business

      S&C Electric Leaves the Energy Storage Production Business

      Chicago grid equipment company S&C Electric built its first large-scale battery storage system in 2006, before almost anyone else was doing it. Now, it's winding down that line of business. Storage will still feature in its microgrid offerings, but the employee-owned company will procure it rather than producing it in-house, said Senior Director for Business Development David Chiesa. Meanwhile, S&C is refocusing on what it sees as its core competency: medium-voltage switching and protection, with a special focus on microgrids.

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