Why GE, Other Energy Giants Are Investing Billions in Battery Storage GE Ventures, the venture capital arm of General Electric, has invested millions of dollars into German battery storage provider Sonnen — the latest move by an energy services giant to buy into the growing energy storage market. In the last month Total, one of … Continue reading Why #GE, Other Energy Giants Are Investing Billions in Battery Storage
Massive 800 MegaWatt-hour Battery to Be Deployed in China China will soon be home to the world’s largest battery. The massive power facility will provide peak shaving, grid stability, emergency power, and load management to the Dalian peninsula in northeastern China. According to the US Department of Energy, the largest battery-based energy storage system currently … Continue reading Massive 800 MegaWatt-hour Battery to Be Deployed in China
FERC: Rooftop solar, battery storage could pose threats to reliability FERC this week took a broad look at threats to the power grid, but participants raised so many issues that it’s difficult to know where to start. EnergyWire digs into the event, with the threats discussed including: how distributed resources are integrated, cyber attacks, the … Continue reading FERC: Rooftop solar, battery storage could pose threats to reliability
Military Installation Successfully Tests Microgrid with Battery Storage The Portsmouth Naval Shipyard based in Massachusetts is conducting two live tests on a localized microgrid that would protect it from a widespread electrical outage. So far, the project that has been demonstrated by General Electric, is looking like a success. “Given the success of this initiative, … Continue reading Military Installation Successfully Tests Microgrid with Battery Storage
French oil giant Total to acquire battery storage company Saft French oil and gas company Total has proposed a friendly acquisition of battery company Saft, Energy Storage News reports. Total is offering $41.58 a share, a 38.3% premium to the May 6 closing price and 41.9% above the weighted average share value over the past … Continue reading French oil giant #Total to acquire battery storage company #Saft
Solar Panels and Battery Storage – Heaven or Hell? Anybody who reads the green press on a regular basis has seen countless articles extolling the virtues of combining solar panels with storage batteries. While there’s no question that adding battery storage increases the flexibility, utility and value of solar panels, I have a hard time … Continue reading Solar Panels and Battery Storage – Heaven or Hell?
Aquion Energy Continues Funding Momentum With a $33M Round for New Battery Technology Aquion Energy pulled in another $33 million to support its saltwater batteries for long-duration storage, according to a filing with the SEC yesterday. Aquion hopes to raise $60 million in total. The latest round brings the company’s venture funding — which includes … Continue reading Aquion Energy Continues Funding Momentum With a $33M Round for New Battery Technology
Exelon Generation and RES announce 10 MW battery storage project Exelon Generation and Renewable Energy Systems (RES) announced today the development of a 10 megawatt (MW) battery storage facility in Clinton County, Ohio. Exelon Generation is the storage facility owner and operator, and RES is the project developer and constructor. RES, a leader in the … Continue reading Exelon Generation and RES announce 10 MW battery storage project
SolarCity closes $150 million financing facility for commercial solar and battery storage SolarCity Corporation has closed a $150 million financing facility with Credit Suisse to support deployment of commercial solar energy systems, including battery storage, for businesses, schools and government organizations across the United States. The California-based company will secure the non-recourse facility with a … Continue reading #SolarCity closes $150 million financing facility for commercial solar and battery storage
Battery storage: Get ready, it’s here! The use of energy storage in various forms has been around most of our human existence in one form or another, one example going back to the 1300s is the use of stored or dammed waterways to control water mills for use in grain processing and irrigation. Energy storage … Continue reading Battery storage: Get ready, it’s here!
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