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Energy storage sites provide unique wholesale market participation

ENGIE Storage has announced it will supply and operate a 19 MW/38 MWh portfolio of six energy storage sites that will contribute to the Solar Massachusetts Renewable Target Program and participate in ISO-New England wholesale markets.





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Dominion plans $33 million battery storage pilot

Dominion executives said in an interview this week that battery storage has the potential to improve the resiliency of the electrical grid





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Report covers costs of various storage technologies, including pumped storage hydro

A report recently released by the U.S. Department of Energy defines and evaluates cost and performance parameters of six battery energy storage technologies (BESS) and four non-BESS storage technologies.




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Australian brewer eyes thermal energy storage system

South Australian energy storage company 1414 Degrees and Stone & Wood Brewing Company have agreed to undertake a feasibility study for the integration of 1414 Degrees’ electrically charged Thermal Energy Storage System (TESS-IND).




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100 MW of solar and 10 MW of battery storage coming to San José CCA in 2022

This week, San José’s Community Choice Aggregator (CCA) which is called San José Clean Energy (SJCE) and EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), signed a 20-year power purchase agreement (PPA) for 100 MW of new solar energy capacity and 10 MW of battery storage at the Sonrisa Solar Park in Fresno County, California. The project is anticipated to be operational in 2022.




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The energy transition is underway: 10 charts tell the story

The renewable energy transition promises to reduce carbon emissions, but it’s happening at different speeds around the world. Read on for some key insights from BloombergNEF’s New Energy Outlook 2019, which provides a detailed road map to the future.




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Softbank invests $110M in new energy storage system

Energy Vault, the creator of a new way to perform utility-scale energy storage, announced that SoftBank Vision Fund (Vision Fund) invested $110 million in its Series B funding round. Energy Vault will use the funds to accelerate global deployment of its technology, which enables renewables to deliver baseload power for less than the cost of fossil fuels 24 hours a day, said the company. As part of the investment, Andreas Hansson, Partner for SoftBank Investment Advisers, will join the Energy Vault board of directors.




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Hydro Tasmania accelerating site investigations for pumped storage hydropower

Hydro Tasmania says it is accelerating detailed investigation of three key opportunities for pumped storage hydro development in the state as part of the Battery of the Nation initiative. Work has begun on a full feasibility assessment of pumped hydro development opportunities at Lake Cethana and Lake Rowallan in the northwest and near Tribute Power Station on the West Coast.




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Ameren Missouri to bring customers solar energy at night

Ameren Missouri, a unit of Ameren Corp., filed plans with the Missouri Public Service Commission to build three solar + storage facilities across Missouri




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California aims to fix low-income storage program and deliver new resilience incentives

California’s energy storage incentive program has been a great success, with more than 11,000 battery storage systems installed to-date. The problem is, it’s not reaching the state’s most vulnerable communities. A new proposal from the California Public Utilities Commission (CPUC) aims to fix some of the barriers preventing disadvantaged communities from participating in the program, and it allocates $100 million to a new program designed to offset the cost of battery storage systems for populations threatened by wildfires and related utility power shutoffs.





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Power REIT's Preferred Stock Offering: A Hedge That Pays 7.75%

Several smart money managers I know are excited by the heads-I-win, tails-I-win big opportunity offered by Power REIT’s (NYSE:PW) attempt to foreclose on its railroad lease with Norfolk Southern Corporation (NYSE:NSC) and Wheeling and Lake Erie Railway (WLE). I know this because I’m one of them, and I’ve talked to others about it. Others aren’t quite so sure.




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Battery Storage May Vie with US Oil Boom as Energy Game Changer, Says Moniz

The rapid development of rooftop solar and battery storage technology could be as transformative to the economy and modern life as the U.S. oil and gas boom, Energy Secretary Ernest Moniz said.




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Why Is Alstom Such a Hot Commodity?

The Americans and the French have been getting on well of late. President Francois Hollande’s successful visit to the White House in February is a case in point — despite the backdrop of his high-profile sex scandal.




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Introducing New York State’s Energy Storage Testing Center

The clean energy economy of the Empire State has just received a serious booster shot, thanks to the newly opened Battery and Energy Storage Technology (BEST) Testing and Commercialization Center in Rochester, New York. Made possible by state seed funding and a public-private partnership between the New York Battery and Energy Storage Technology Consortium (NY-BEST) and DNV GL, the center will serve to address two of the greatest challenges facing New York-based energy storage companies: access to technology and cost.




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The Quick Guide To A Green Stock Portfolio

For most people, the best way to build a green or fossil-free portfolio will be to use mutual funds or an investment advisor. The exceptions are those who like to do things for themselves, and understand the significant advantage that saving just a fraction of a percent in annual fees can make to the long term performance of a portfolio.




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SunPower Offers Solar and Storage Packages to Hybrid Car Customers

Buyers of Volkswagen or Audi hybrids will find themselves getting yet another sales pitch as they leave a U.S. dealership next year -- to buy a home power network that allows them to charge their new cars using only solar power.




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Ten Clean Energy Stocks For 2014: August Update

July was a hard month for the stock market and clean energy stocks in particular. My broad market benchmark of small cap stocks, IWM, fell 7 percent and is down 2.7 percent for the year, while my clean energy benchmark PBW fell 9% and has slid into the red for the first time. It is down 0.1 percent for the year to date.




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EVs and Energy Storage Pave the Road to a Clean Energy Future

“The times they are a' changin'.” So goes Bob Dylan's classic song from the '60s, and that's certainly the case when it comes to how we generate, distribute, use and store electricity. Having made great strides in enhancing performance and reliability and reducing costs, growing government support and incentives for intelligent energy storage solutions adds significant impetus to the growing wave of change sweeping across the U.S. power sector.




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Developers Plan Huge $8 Billion, 2.1-GW Wind Plus Storage Project in California

Four energy companies are proposing an $8 billion renewable energy project that would supply Los Angeles with more than twice the power generated by the Hoover Dam.





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Latin America Report: 7 Renewable Energy Stories Worth Reading

The renewable energy market is fast-paced and growing with each passing day. It’s hard to keep up with every industry announcement and insight, so we decided to highlight interesting developments that took place during the past few weeks, and some valuable insights that are worth revisiting.




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Carbon Breakthrough: US, China Make Milestone Agreement to Fight Climate Change

President Barack Obama pledged deeper U.S. cuts in greenhouse-gas emissions and China will for the first time set a target for capping carbon emissions under an agreement between the world’s two biggest economies.




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New Navy Smart Microgrid Project Will Test Vanadium Flow Battery Storage

The California Energy Commission (CEC) and U.S. Navy (USN) are teaming up to spur deployment of grid-integrated local renewable energy resources and advanced energy storage solutions. On December 1, Imergy Power Systems announced that its ESP30 series vanadium-flow batteries will be used in a CEC-sponsored Smart Microgrid project hosted by the Navy at its Mobile Utilities Support Equipment (MUSE) Facility in Port Hueneme, California.




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Leaked Internal Presentation Details the Oil Industry's Campaign to Stop Clean Energy

The Western States Petroleum Association (WSPA) — whose members include Chevron, ExxonMobil, Shell, ConocoPhillips, BP, and others — was caught red-handed late last month when a leaked internal presentation revealed a coordinated campaign to stomp out climate and clean energy progress in California, Oregon and Washington by propping up over 15 front groups that purport to represent the views of concerned citizens and the broader business community.




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Energy Storage and Biofuels Top RenewableEnergyWorld.com’s Most Commented Articles of 2014

The online community of readers who visit RenewableEnergyWorld.com is an important aspect of the news and information that we offer renewable energy stakeholders. We often post news that we feel will get people to view important topics from new angles, offering insights and opinions about technology, policy and more. Often that leads to engaging and informative discussions that add even more value to the article that we have posted.




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Even in the Off Season, Utilities Must Prepare the Smart Grid with Storage for Natural Disasters

Although the U.S. made it through a quiet 2014 Atlantic hurricane season this year, it doesn’t mean we’re out of the waters. Natural disasters are an ongoing threat to our infrastructure, and utilities need to be conscious of the present state and future of our power grid. Fortunately, in recent years many utilities across the country have recognized the importance of being prepared for major storms, and have been actively researching and implementing solutions to prepare for the next big one.




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Ten Clean Energy Stocks For 2015

2015 marks my seventh annual list of ten clean energy stocks. An equal weighted portfolio of the ten stocks in each year's list has outperformed my industry benchmark every year except 2013. 2014 was no exception, but it was a bittersweet victory in that the model portfolio was slightly down while the benchmark lost considerably more in a very challenging year for clean energy stocks.





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Carbon Emissions Stop Rising for First Time in 40 Years

Global emissions were unchanged last year, the first time that’s happened amid economic growth in four decades, according to the International Energy Agency.




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Mexico Pledges to Cut Emissions 25 Percent in Climate Change Milestone

Mexico has become the first developing nation to formally promise to cut its global-warming pollution, a potential milestone in efforts to reach a worldwide agreement on tackling climate change.




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Ten Clean Energy Stocks For 2015: Marching Ahead

My Ten Clean Energy Stocks for 2015 model portfolio added a second month to its winning streak, with a 6.1 percent gain for the month and a 5.7 percent gain for the year, despite a continued drag by the strong dollar. If measured in terms of the companies' local currencies, the portfolio would have been up 7.5 percent for the month and 10.5 percent for the quarter or year to date. For comparison, the broad universe of US small cap stocks rose 1.5 percent for the month and 4.0 percent for quarter, as measured by IWM, the Russell 2000 index ETF.




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Do You Have a Stormwater Permit for Your Facility?

By Kelly Scanlon, director, environment, health and safety policy and research, IPC The U.S. Environmental Protection Associations (EPA) is seeking public comment on a proposed 2020 National Pollutant Discharge Elimination System (NPDES) Multi-Sector General Permit (MSGP) for stormwater discharges from industrial activity. This proposed permit would replace the 2015 MSGP upon finalization. This proposed permit […]




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Webinar on Discovering the Indian Agtech Story, Part 3

Participate in Austrade's webinar, the third in a series of 5 on India’s Agtech sector, will provide an insight into the dynamic disruption of conventional agriculture value chain from the perspective of a Venture Capital Fund.




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Vestas Hits 100 GW Windpower Milestone

Vestas has become the first company to install 100 GW of wind turbines.




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A Study in Emissionality: Why Boston University Looked Beyond New England for Its First Wind Power Purchase

While it’s well known that corporations were some of the earliest trailblazers of large-scale renewable energy purchasing — they’ve closed over 14 gigawatts of deals in the past six years, according to tracking by Rocky Mountain Institute’s Business Renewables Center — higher education has also made impressive strides. In fact, a report released last fall showed that the top 30 renewable energy-buying universities are using around 3 billion kilowatt-hours of green power annually. That’s enough to power 276,000 homes.




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Sempra Renewables Selling Wind and Energy Storage Assets to AEP for $1.05B

Sempra Renewables jointly owns all of part of seven wind farms and one battery installation in seven states. 





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NEC helps develop three energy storage sites in China

Through its exclusive distributor in China, Puxing Energy, NEC developed two 9-MW battery facilities providing frequency regulation for the Hang-Jin and Feng-Run power plants located in Ordos City, Neimongol Province and Tanshan City.





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In Illinois, storage is among the next hurdles for renewables expansion

ComEd sees a significant role for energy storage on Illinois’ electric grid as the state works toward realizing its ambitious renewable goals.




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Enel joins Boston’s Greentown Labs to scout for clean energy startups

This week, Enel S.p.A. announced the opening of its newest Innovation Hub in Boston at Greentown Labs, the largest cleantech startup incubator in the United States. The Hub will provide Enel, one of the world’s leading power companies, access to Greentown Labs’ startup community and innovation expertise.




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Bermuda Electric Light Company installs 10-MW/5.5-MWh energy storage system

Yesterday, energy storage company Saft said it delivered and installed a turnkey Energy Storage System to Bermuda Electric Light Company (BELCO). The system provides up to 10 MW power for spinning reserves and frequency response to maintain grid stability and has a storage capacity of 5.5MWh, said the company. The official ribbon-cutting ceremony was held on May 16.




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Siemens inaugurates world’s largest electrothermal energy storage system

Siemens Gamesa Renewable Energy (SGRE) said that is has begun operation of its electric thermal energy storage system (ETES), a milestone in the development of energy storage solutions, according to the company.




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Iowa officials consider energy storage tax credit, ‘value of storage’ study

Iowa economic development officials are tentatively endorsing a tax credit for battery storage to complement the state’s wind and solar generation.




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PNM plans early retirement of coal plant with massive addition of solar + storage

On July 1, Public Service of New Mexico filed a plan with regulators in the state for how it plans to get to a 100 percent emission-free power by 2040. The utility reviewed four scenarios, all of which involved the early retirement of the San Juan Coal Plant, to arrive at its recommended path forward.




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Natural Gas beat coal in the US. Will renewables and storage beat gas?

In April 2019, in the heart of coal country, Indiana regulators rejected a proposal by its electric and gas utility, Vectren, to replace baseload coal plants with a new $900 million, 850 megawatt (MW) natural gas-fired power plant. Regulators were concerned that with the dramatic decline in the cost of renewable energy, maturation of energy storage and rapidly changing customer demand, such a major gas plant investment could become a stranded, uneconomic asset in the future. Regulators are now pushing Vectren to consider more decentralized, lower-carbon resources such as wind, solar and storage that would offer greater resource diversity, flexibility and cost effectiveness.




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BNEF: Energy to storage increase 122X by 2040

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.