The Korean conglomerate is making its first foray into the U.S. market, including a partnership with Sunrun to deploy its energy storage solutions.
If signed by the governor, two bills will provide tax credits for energy storage systems and study methods to increase storage deployment.
Latest data from market analysts IHS Markit reveals a utility-scale global battery storage pipeline of 3.4 GW, but the U.S. market is expected to slow as completions outpace new announcements.
One in eight electrons generated at a facility in California came from a solar panel, according to data from the U.S. Department of Energy.
The National Lab’s latest report uses its renowned cost modeling to find that even a PV system with small batteries costs nearly twice as much as a standalone PV system.
The company reports that 21 states have at least 20 MW of energy storage projects proposed, under construction or already in place.
The most recent funding influx means the California battery maker has secured $114 million to date, and the company has hinted at trying to break into the Chinese market.
Winners in State 2 of the NY Prize Community Microgrid competiition will receive $1 million through the New York State Energy Research and Development Authority to engineer and develop plans for microgrids to bring local clean energy generation and backup power to their communities.
Among the many changes that solar markets are experiencing in the United States, moves by the Trump Administration cast a long shadow at the Intersolar USA East trade show, which opened today.
In a case that may have impacts for both residential rates and storage, the industry group is taking exception to PG&E proposals regarding peak hours, demand charges and other items.
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