Exelon VC arm invests in storage sector startup Utilities are waking up to the potential of distributed energy resources (DERs) with early stage investments in new companies in the DER space. In May, Southern Co. completed the $425 million acquisition of PowerSecure International, a provider of distributed energy, utility infrastructure and efficiency solutions. Exelon’s investment … Continue reading #Exelon VC arm invests in storage sector startup→
Tesla May Source Samsung Battery for Energy Storage Products Tesla may source batteries from Samsung SDI for its energy systems in homes, companies and utilities, rather than for its electric cars, the U.S. company’s chief executive said on Wednesday. Shares of Samsung SDI, an affiliate of Samsung, rebounded 3 percent early Thursday. The stock had … Continue reading #Tesla May Source #Samsung Battery for Energy Storage Products→
Energy Storage: It’s About the Software Renewable initiatives rely on the ability to save the generated energy for a rainy – or windless – day. It follows that the software driving the pivotal task of managing the energy storage system is of paramount importance, says Gabe Schwartz, the Director of Marketing for Stem, which describes … Continue reading Energy Storage: It’s About the Software→
Emergency Energy Storage Solicitation: California The California Public Utilities Commission issues an unprecedented Resolution that will test the nascent energy storage industry. On May 26, the California Public Utilities Commission (CPUC) issued Resolution E-4791 (the Resolution), which directs Southern California Edison (SCE) to procure energy storage projects on an emergency basis. Notably, energy storage projects … Continue reading Emergency Energy Storage Solicitation: California→
Flower Power Takes On A New Meaning With Pollen Batteries Energy storage is an extremely hot area of the energy and utility markets right now, with new innovations and investment opportunities appearing all the time. Add to that the breakneck growth of the energy storage market and you have a recipe for a burgeoning industry … Continue reading Flower Power Takes On A New Meaning With Pollen Batteries→
Storing The Sun’s Energy Just Got A Whole Lot Cheaper With prices dropping rapidly for both renewables and battery storage, the economics of decarbonizing the grid are changing faster than most policymakers, journalists, and others realize. So, as part of my ongoing series, “Almost Everything You Know About Climate Change Solutions Is Outdated,” I will … Continue reading Storing The Sun’s Energy Just Got A Whole Lot Cheaper→
Smart Grid, Storage, & Efficiency Companies Raise $375 Million In Venture Capital April figures from Mercom Capital show that, together, smart grid, battery storage, and efficiency companies raised $375 million in venture capital in the first quarter of 2016. Mercom Capital Group, a global clean energy communications and consulting firm, published its first quarter funding … Continue reading Smart Grid, Storage, & Efficiency Companies Raise $375 Million In Venture Capital→
stNissan Joins a Crowded Field of Home-Energy Storage Providers Having cut their teeth with battery-powered vehicles, a natural progression for automotive OEMs to the home energy storage market is happening and happening fast. First, Tesla introduced its Powerwall home-energy storage system for use with or without a solar system installed in the home and then … Continue reading #Nissan Joins a Crowded Field of Home – Energy Storage Providers→
US Energy Storage Up, Coal Down, Down, Down In an interesting duo of energy stories this week, Arizona is getting two new innovative energy storage systems while Illinois is this close to losing up to 2300 megawatts of coal-fired power plant capacity. The news illustrates how quickly the country is transitioning to a low carbon … Continue reading US Energy Storage Up, Coal Down, Down, Down→
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