energy storage

Tata Power-DDL Powers up India’s 1st Grid-Tied Community Energy Storage System

Tata Power-DDL has launched India’s first Grid-Connected Community Energy Storage System (CESS) in Rani Bagh, New Delhi. Tata Power-DDL, a leading Power Distribution utility supplying electricity to a populace of 7 million in North Delhi has announced that it has, in collaboration with Nexcharge, a joint venture between Exide India and Leclanché, launched India’s First […]

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DOE Awards EPRI $2 Million to Investigate Co-Adoption of Solar, Energy Storage & Electric Vehicles

The Electric Power Research Institute (EPRI) will receive a $2 million contract from the U.S. Energy Department (DOE) to explore how information about solar energy spreads among consumers. DOE’s Solar Energy Technologies Office (SETO) selected EPRI to examine how residential and commercial utility customers make decisions related to the co-adoption of solar power with other technologies, such as energy storage and […]

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Reshaping the Future of the Electric Grid Through Low-Cost, Long-Duration Discharge Batteries

A new era of energy provided by renewables may be close, thanks to research begun at the Joint Center for Energy Storage Research (JCESR), a U.S. Department of Energy (DOE) Energy Innovation Hub led by DOE’s Argonne National Laboratory, and continued at its spinoff company, Form Energy.   The challenge JCESR addressed is long-duration energy storage – […]

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GoodWe Signs a 100MW Solar Inverter Supply Agreement with GS Global

GoodWe, a world-leading PV inverter and energy storage solutions manufacturer, has signed a 100MW distribution agreement with GS Global, a Fortune 500 company. Founded in 1954, GS Global is at the forefront of GS group’s global business. Headquartered in Seoul, South Korea, the company operates a global international business network in more than 30 regions. […]

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Nexamp Secures $440 Million in Debt Financing for Solar and Energy Storage Portfolio

Largest financing deal ever for community solar assets, a model that provides equitable access to clean energy Nexamp, Inc., a leading renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio […]

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Energy Storage Market Breaks Quarterly Deployment Record in the US

2,156 MWh of new energy storage systems were brought online in the US in Q4 2020, making it the new record quarter for US storage. According to Wood Mackenzie and the US Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 2,156 megawatt-hours (MWh) of new energy storage systems were brought online in Q4 2020. This is an increase of […]

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Sungrow Bags 500 MW Strategic Agreements during PV Japan Expo

Sungrow, the global leading inverter solution supplier for renewables, has signed 500 MW strategic agreements to supply PV inverter solutions in Japan during the recent PV Expo. The Company also debuted a future-proof PV and energy storage product lineup optimized for various Japanese market segments; therefore, fueling the transition to a low carbon economy and overshooting Japan’s 2050 carbon […]

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SMT Energy Partners with Goldman Sachs, Sells 55 MW Community Solar Projects

SMT Energy LLC (SMT) and Goldman Sachs Renewable Power LLC (GSRP) have announced a strategic partnership to develop renewable energy assets in the United States. Initially, GSRP is acquiring 55 megawatts (MW) of community solar facilities located in upstate New York from SMT. John Switzer, co-founder of SMT, stated, “I am extremely proud of our team for developing […]

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