Energy storage deployments double *and* triple in first quarter
Wood Mac reports that in the first quarter of 2019 energy storage power deployed grew 232% year over year to 149 megawatts, while capacity increased 110% to 271 megawatt-hours as Arizona, New Jersey and New York strong saw growth.
BEST bill seeks $300 million for long-term energy storage projects
Starting with $60 million in 2020 and with contracts to be signed by the end of 2023, the “BEST Act” seeks five grid-tied energy storage projects with 6-100 hours of duration, which can run for twenty years.
Tesla acquires Maxwell Technologies
It’s unclear exactly what the interest is in the California super-capacitor maker, but it could be more about the process than the product.
Aggreko’s 1 MW battery system, Conti Solar rebrands: pvMB 5/14/19
Hello and thank your for joining us yet again on the pvMB. Today we’ll be discussing Daymak’s Boomerbuggy X, Scout Boats going solar and everything else to get you through your morning.
Solar + storage for the first time in Arkansas
A 100 MW project featuring the state’s first large-scale battery storage system has been announced in Arkansas. The project will be developed by a subsidiary of NextEra, and the power bought by Entergy Arkansas.
pvMB 3/18/19: Musk dubs 2019 the “Year of the Solar Roof,” Vote Solar’s 2019 Equinox party… and more!
Happy Monday to you and welcome to the pvMB. Today we’ll be looking at TEP using sheep for brush control, Hawaiian energy leaders calling on Washington to go 100% solar, a 149 MW project planned in Michigan and everything else you need to start you week in solar.
Energy storage, EV jobs boom in the United States
A new report by Environmental Entrepreneurs (E2) shows energy storage jobs growing 14% and EV jobs growing 16%, despite China’s dominance in lithium-ion battery technology.
Industry first: Flow battery gets 10-year performance insurance
Munich Re, a global insurance company, is offering a 10 year “Project Cover” plan for ESS’s two flow battery models – 50 kW / 400 kWh and 100 kW / 400 kWh. ESS suggests a 25+ year lifetime on its product with zero degradation.
Tesla borrows $520m from China for Shanghai Gigafactory
The electric carmaker has signed 12-month credit agreements with three of China’s “Big Four” lenders as well as the development bank for Shanghai as it aims to get its lower-priced Model 3s rolling off the production line by the end of the year.
The next big thing: grid-tied batteries. How to maximize value
In this op-ed for pv magazine, Mike Mendelsohn & Dr. Allison Weis of Ascend Analytics break down the value of battery storage and the profitability of this tech.
