The U.S. government’s Advanced Research Projects Agency – Energy is offering up to $30 million in funding to build innovative technologies to enable long-duration energy storage, with the aim to provide reliable electricity from 10 to roughly 100 hours, and longer.
The company’s energy generation and storage division set a record of $410 million in revenue during Q1, but solar power fell to 2013 deployment levels.
Viridity Energy Solutions has signed Dynapower to be its master supplier of inverters and fully integrated energy storage systems. Viridity also chose Dynapower to manage two 20MW/20MWh systems.
Cypress Creek Renewables will couple 12 solar projects with Lockheed GridStart lithium ion batteries, and LG Neon solar modules for a North Carolina electricity cooperative.
Xcel Energy’s December 2017 solicitation results contain bids for energy storage projects at least as large as the current world’s largest under construction, and far larger than the world’s biggest running batteries.
Judge ruled SRP acted illegally against solar power customers as a monopoly power by changing rates in 2015. Settlement does not end customer charge.
The Imperium3 New York consortium has bought Alevo’s lithium-ion battery manufacturing assets in North Carolina in a fire sale, and is planning to use them for a 1GWh battery factory in New York.
Global cumulative storage deployment will double six times between 2017 and 2030 to reach 125 GW/305 GWh, with as much as $103 billion pouring into the sector, finds new report by Bloomberg New Energy Finance.
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