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energy storage system

Siemens Energy teams up with Duke Energy, Clemson University to study hydrogen use

Siemens Energy, Duke Energy and Clemson University have teamed up to study the use of hydrogen for energy storage and as a low- or no-carbon fuel source to produce energy at Duke Energy’s combined heat and power plant at Clemson University in South Carolina. The U.S. Department of Energy announced today that it awarded Siemens Energy a $200,000 grant for the research […]

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ARENA to Fund USD 12.9 million to AEMO for its Distributed Energy Project

The Australian Renewable Energy Agency (ARENA) has today announced USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the development of a major Victorian Distributed Energy Resources (DER) Marketplace trial named Project EDGE (Energy Demand and Generation Exchange). Project EDGE is a multi-year project to demonstrate an off-market, proof-of-concept Distributed Energy […]

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Roadmap Launched for Future Deployment of Energy Storage Technology

The role of energy storage and the part it will play in helping the UK reach its net-zero targets by 2050 has been set out in a roadmap The role of energy storage and the part it will play in helping the UK reach its net-zero targets on carbon emissions by 2050 has been set […]

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Sunnova Closes Securitization of Residential Solar Systems

Sunnova Energy International, one of the leading U.S. residential solar and storage service providers, announced that it closed its securitization of leases and power purchase agreements on November 30, 2020. “We are pleased to report the closing of our most successful asset backed securitization to date,“ said William J. (John) Berger, Chief Executive Officer of […]

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Energy Storage Market in the US Breaks Records in Third Quarter: Report

A new report has revealed that 476  MW of energy storage capacity were  deployed in the US in the third quarter of 2020, setting a new record A new report has revealed that 476  megawatts (MW) of storage were  deployed in the US in the third quarter of 2020, an increase of  240 percent over […]

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ReneSola Power Inks Solar-Plus-Storage Power Purchase Agreement with Valley Clean Energy

ReneSola Ltd (“ReneSola Power” or the “Company”), a leading fully integrated solar project developer, announced today that it signed a power purchase agreement (“PPA”) for a solar and battery system with Northern California-based Valley Clean Energy (“VCE”), a public electricity provider serving over 125,000 customers in cities of Woodland and Davis, and Unincorporated Yolo County. The project is located […]

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India has a Great Foundation and Suitable Environment to Develop EV Ecosystem Further

Ken O’Flaherty believes that India has a great foundation, strong commitment, and a suitable environment to develop its EV ecosystem further. Regional Ambassador for Asia-Pacific and South Asia for COP26, Ken O’Flaherty believes that India has a great foundation, strong commitment, and suitable environment to develop its EV ecosystem further. Speaking at the webinar on […]

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SECI Extends Bid Deadline for 200 MWdc Solar Plus 50 MW Storage Tender

SECI has extended the bid submission deadline for its tender for 200 MWdc solar PV project along with 50MW /150 MWh storage in Chhattisgarh. The Solar Energy Corporation of India (SECI) in its latest notification has extended the bid submission deadline for its tender for the design, engineering, supply, construction, erection, testing and commissioning of […]

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Vestas Launches Venture Investment Programme to Accelerate Innovation Within Sustainable Energy Solutions

Driving on from its success in the wind energy segment, global wind energy major Vestas has announced that to accelerate the deployment of sustainable energy, the electrification of societies and unlock new growth opportunities, it is now launching a new venture investment programme entitled Vestas Ventures. “We want to combine Vestas’ 40 years of experience in pioneering […]

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