EnSync, Inc. (NYSE American: ESNC), dba EnSync Energy Systems, a leading developer of innovative distributed energy resources (DERs), announced today the selling of 20-year power purchase agreements (PPA) with the tourist destination Polynesian Cultural Center and the community organization Kohala Village HUB to undisclosed investors.
MILWAUKEE, May 9, 2018/PRNewswire / -- EnSync, Inc. (NYSE American: ESNC), dba EnSync Energy Systems, a leading developer of innovative distributed energy resources (DERs), announced today the signing of a 20-year power purchase agreement (PPA) with The Michaels Development Company to build a solar and energy storage system at the Keahumoa Place affordable housing development, a greenfield project that is expected to complete construction in 2019. The project - the highest valued in company history - will employ EnSync Energy's innovative True Peer-to-PeerTM DC-LinkTM technology to enable residents to directly exchange electricity with each other based on the energy needs of each individual unit, increasing energy efficiency and lowering electricity costs for the entire network.
Rome, May 7th 2018 -Enel Green Power joins the European OSMOSE project as a partner, which seeks to foster the spread of renewable energy at the international level through the development of integrated systems and services. More specifically, the trials will focus on renewables, storage systems, smart grid management and demand response technologies. The Enel Group will take part in the trials with the Potenza Pietragalla wind farm and the San Fiorano pumped-storage hydropower plant, with the aim of finding new flexibility solutions to support the electric system.
LOS ANGELES, Dec. 12, 2017 -- Southern California Gas Co. (SoCalGas) today announced that it will partner with the University of California-Irvine's Advanced Power & Energy Program to design an "Advanced Energy Community" in an underserved neighborhood in Huntington Beach. The community will be planned as a replicable model that optimizes a full spectrum of diverse energy options, including solar, wind, and renewable natural gas. It will also consider the capability of storing wind- and solar-generated energy with power-to-gas technology. "We're excited to co-fund this worthy project in collaboration with the California Energy Commission," said Lisa Alexander, vice president of customer solutions and communications at SoCalGas. "Creating an Advanced Energy Community will serve as a guide for future policy and planning in California to keep our energy system sustainable and make a difference in our clean-energy future."
ROME, Dec. 08, 2017 - Enel S.p.A. (“Enel”) announced today that two of its distributed energy projects have been selected to receive grants, totalling around 2.1 million US dollars, from the Advancing Commonwealth Energy Storage (“ACES”) programme administered by the Massachusetts Clean Energy Center (“MassCEC”). These are Enel’s first distributed energy projects in Massachusetts, home to the Group’s North American headquarters, and consist of a behind-the-meter micro-grid and a battery storage system.
Expands company’s thermal energy storage solutions portfolio and reinforces company’s climate commitment Strong strategic fit with company’s strategy to help customers solve climate challenges including energy and fuel efficiency, food waste and productivity Increases speed to market and broadens opportunity for growth in all regions of the world Ingersoll-Rand plc (NYSE:IR), a world leader in creating comfortable, sustainable and efficient environments, announced it has completed the acquisition of CALMAC ® Corporation, a privately held company specializing in thermal energy storage solutions. When integrated with Trane’s industry leading building controls platform, CALMAC thermal energy storage solutions take ...
Eos Energy Storage (“Eos”), makers of the safe, ultra-low-cost Znyth® battery, today announced the addition of four new hires to support manufacturing and deployment of the company’s utility-scale energy storage solution. David Henry joins as Chief Financial Officer, Richard Hanna as Vice President of Manufacturing, Daniel Friberg as Director of System Engineering & Integration, and Keith Powers as Director of Field Operations.
There are a number of reasons that explain the boom in solar energy: installations are more powerful and less expensive, investments have been stepped up, and more encouraging regulations have been introduced. As a result, in more and more countries, industrial operators and electricity producers such as ENGIE are focusing on this solution of the future. The sun is a source of energy with considerable potential to fight against climate change, stimulate growth and enable widespread access to energy: it is virtually unlimited, easily available, present in practically every country in the world, non carbon-emitting, and can be exploited on either a small-scale or a large-scale basis. At the present time, there is no technological barrier holding back the energy transition towards solar energy. It is rather financial and legal issues that are restraining it, but these are in the process of changing all around the world. The time for solar energy has dawned.
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.
BOSTON - Today, in a continued effort to stabilize electric rates, ensure a diversified energy portfolio for the Commonwealth, and embrace advanced technologies, Governor Charlie Baker signed comprehensive energy diversity legislation into law at the State House with Lieutenant Governor Karyn Polito, legislative leaders, and energy and environment stakeholders. An Act Relative to Energy Diversity (H. 4568) garnered bi-partisan support and promotes the Baker-Polito Administration's commitment to reducing energy costs while strengthening the state's clean energy economy and progressing towards Massachusetts' greenhouse gas reduction requirements.
SANTA CLARITA, CA -- (Marketwired) -- 07/12/16 -- BioSolar, Inc. (OTCQB: BSRC), a developer of breakthrough energy storage technology and materials, today shared recent media articles detailing the Company's approach to increasing capacity and reducing costs of lithium ion batteries, the predominant storage devices used by electric vehicles, personal electronics, and many other commercial and consumer applications. In a recent contributed byline entitled "Improving Lithium Ion Battery for Future Energy Storage Needs" for Battery Power Magazine, a leading print and online battery publication, BioSolar CEO Dr. David Lee cites challenges often associated with the chemistry currently embedded with existing lithium-ion batteries, as well as cost, for lack of advancements within the sector. Dr. Lee states that BioSolar seeks to reduce the cost of manufacturing and extend the lifetime of lithium-ion batteries, enabling mass adoption for electric vehicles as well as improvements in battery capabilities for personal electronics needs.
LONDON - Bushveld Minerals Ltd on Monday said its energy subsidiary signed a memorandum of understanding with US-based UniEnergy Technologies for a "framework of cooperation" to develop market opportunities for vanadium-redox flow batteries in Africa. The AIM-listed company, which owns 84% of Bushveld Energy, said the agreement aims to identify and develop "immediate" business opportunities in Africa for large and medium-sized vanadium-redox flow battery installations.
ZBB Energy Corporation, the world's leading developer of energy management systems serving the utility, commercial and industrial building markets, signed a 20-year Power Purchase Agreement (PPA) with University of the Nations on the Island of Hawaii. The installation will feature the industry's most advanced distributed generation system, comprised of 408kW of photovoltaic panels, Agile Hybrid batteries, and accompanying Matrix electronic power controls.
Power management company Eaton today announced it is showcasing its products and services at the Energy Storage Association (ESA) 25th Annual Conference, from May 27 through 29 at the Hyatt Regency in Dallas, Texas. Visitors to Eaton booth #231 will have the opportunity to consult with Eaton application experts, and learn about Eaton's energy storage solutions and turnkey engineering services for the utility market. "As a global industry leader with more than 100 years of experience, Eaton provides a single resource for electrical balance of system solutions to help customers deploy energy storage," said Chris Thompson, grid power business unit manager, Eaton. "With a portfolio of closely integrated solutions and one of the largest and most experienced teams of power systems engineers in the industry, Eaton is well positioned to ensure energy storage projects are executed on time and on budget."
Irish company Schwungrad Energie Limited is behind the initiative which will be based in Rhode, Co. Offaly and is being developed in collaboration with the Department of Physics & Energy at University of Limerick. It has received the support of Beacon Power, LLC, a US based company and global leader in the design, development and commercial deployment of proven flywheel energy storage technology at the utility scale.
Samsung SDI Co., Ltd. has been issued patent number 9028987, according to news reporting originating out of Alexandria, Virginia, by VerticalNews editors. From the background information supplied by the inventors, news correspondents obtained the following quote: "One or more embodiments of the present invention relate to a semiconductor device for protecting a battery cell, a protection circuit module, and a battery pack having the semiconductor device for protecting a battery cell.
A consortium led by Saft, the world's leading designer and manufacturer of advanced technology batteries for industry, has been awarded a multi-million euro project by Akuo Energy. This turnkey contract is realized in partnership with Ingeteam (Spain) - world leading manufacturer of power electronics and energy management systems- and Corex Solar (based in La Réunion) to build the Bardzour solar photovoltaic (PV) production and Li-ion (lithium-ion) energy storage system on the French island of La Réunion in the Indian Ocean.
Siemens is to deliver a Siestorage energy storage system to Süwag Energie AG for grid stabilisation and temporary storage of the volatile power fed into the distribution grid from wind and solar plants. The custom-made storage system is based on lithium-ion batteries and has a capacity of 135 kilowatt hours (kWh) in this version. Süwag Energie AG will use the storage system in conjunction with other distributed storage systems as part of the "green2store" research project. The storage system is to be installed in the low voltage distribution grid in the district of Flein, south of Heilbronn.
ZBB Energy Corp., a developer of renewable energy power platforms and hybrid vehicle control systems, announced it entered into a new product development partnership and expanded license agreement with Lotte Chemical. According to a release, under the terms of the strategic partnership, Lottewill acquire an expanded non-exclusive license to sell the Company's zinc-bromide continuous flow battery globally with the exception of the United States and China.
Alstom is launching MaxSineTM eStorage, a battery energy storage solution (BESS) that will enable energy storage along the grid. This solution will increase energy efficiency and balance energy flow in real-time, based on consumer demand. MaxSineTM eStorage addresses the instabilities on the electrical grid created by intermittent sources of renewable energy, such as wind and solar.
ZBB Energy Corporation, a leading developer of intelligent, renewable energy power platforms and hybrid vehicle control systems, today announced it entered into a new product development partnership and expanded license agreement with Lotte Chemical. Under the terms of the strategic partnership, Lotte will acquire an expanded non-exclusive license to sell the Company's zinc-bromide continuous flow battery globally with the exception of the United States and China.
Stem Inc., a leader in advanced energy technology, today announced the appointment of John Carrington as Chief Executive Officer. Carrington has a distinguished track record with over 25 years of proven leadership in technology, energy and industrial companies. "Stem is at the forefront of bringing intelligence to the edge of the grid through its software-driven approach to energy storage," said Carrington. "With strong demand among commercial and utility customers, I'm excited to join Stem to build on this momentum and accelerate our market expansion."
Alstom is launching MaxSineTM eStorage, a battery energy storage solution (BESS) that will enable energy storage along the grid. This solution will increase energy efficiency and balance energy flow in real-time, based on consumer demand. MaxSineTM eStorage addresses the instabilities on the electrical grid created by intermittent sources of renewable energy, such as wind and solar.
EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, today announced that it has entered into an agreement to acquire Quallion LLC, a manufacturer of lithium ion cells and batteries for high integrity applications for $30 million. Headquartered in Sylmar, CA, Quallion's products include lithium ion cells and batteries for diverse applications including medical devices, defense, aviation and space. The closing of the transaction is subject to customary closing conditions.