Energy Storage

The global energy storage market is growing at a strong 23% compound annual growth rate, with annual additions projected to reach 88 GW/278 GWh in 2030, or 5.3 times the expected 2022 level for new installations, according to BloombergNEF’s 1H 23 energy storage outlook.

Standard Solar acquires New Leaf’s solar project portfolio in New York and Massachusetts.

CPower joins RMI, Google Nest, Ford, General Motors, and others to scale the market for virtual power plants.

UL 1973 is an industry standard recognition for stationary energy storage systems, which confirms the module’s quality, resilience and ability to operate safely and effectively in a variety of conditions. The S200 modules power ESS systems the Energy Warehouse and Energy Center product lines.

The facility expects to produce  7,000 tonnes of cobalt per year and calls for 28.4 MW of on-site solar power generating arrays to be installed on 105 acres of the company’s 139-acre property in Yuma County, Ariz.

Yes Solar Solutions sees NABCEP as the gold standard for electrical installers and the only accreditation for solar installation companies.

The government package includes two rounds that will fund residential solar and storage projects, followed by resilience solutions such as microgrids, community solar and grid modernization.

Mercom Capital’s annual M&A report shows that energy storage, along with smart grid and energy efficiency, is getting significantly increased investment attention.

Falling well short of expectations, renewable energy deployment slowed 16% year-over-year, according to an American Clean Power report.

Cadenza’s supercell is produced with funding assistance from the New York State Energy Research and Development Authority. The battery technology prevents a ‘thermal runaway,’ or an incident creating overheating or fire when a singular cell consumes the whole battery.