U.S. grid-scale storage grows 84%, residential storage 48%
Wood Mackenzie reported large growth in Q1 year-over-year for grid-scale storage and residential storage, while commercial and industrial storage slowed.
Commercial real estate to host VPP-connected flywheels and batteries
U.S.-based technology provider Torus has agreed to supply nearly 26 MWh of energy storage for Gardner Group’s commercial real estate portfolio. The project will integrate battery and flywheel energy storage systems (BESS, FESS) with Torus’ proprietary energy management platform.
Global PV installations may hit 660 GW in 2024, says Bernreuter Research
Bernreuter Research says low module prices will drive demand in the second half of this year. The researchers note the shipment targets of the world’s six largest solar module suppliers, who are aiming for an annual growth rate of 40% on average.
Solar-powered bus depot features green hydrogen production
The integrated microgrid will be connected to the utility, but engineered to operate indefinitely in island mode, according to developer AlphaStruxure.
Sunrise brief: Solar represents over 80% of U.S. electric capacity additions in 2024
Also on the rise: Hawaii’s largest solar-plus-storage facility now operational. Swift Solar closes $27 million in funding, plans perovskite solar factory. And more.
Solar represents over 80% of U.S. electric capacity additions in 2024
Combined with wind, the two technologies represent 99% of all capacity additions, according to data from the Federal Energy Regulatory Commission (FERC).
Hawaii’s largest solar-plus-storage facility now operational
The 60 MW Kūihelani solar-plus-storage facility will generate enough electricity for 27,000 homes, with a 240 MWh battery energy storage system.
Bitech Technologies sells 2.4 GW of solar to focus on energy storage
Bitech completed the sale of 2.425 GW of its greenfield solar projects to “a third party purchaser”. The company plans to turn its focus to its battery storage business, which it believes, could ensure better investment returns.
Sunrise brief: New York invests $5 million in agrivoltaics
Also on the rise: Solar module prices increase for first time in years. Texas gas station saves with solar. And more.
Texas gas station to save on costs with solar installation
A Shell gas station is expected to save over $150,000 from a solar array installed on the roof of its pumping station.
