Energy Storage

After losing money for the past two years, the saltwater battery storage company couldn’t raise enough new capital to meet its debt obligations, leading to the filing in the U.S. Bankruptcy Court for the District of Delaware yesterday.

The proposed decision would increase SGIP funding by $249 million over the next three years, with 85% of this to subsidize energy storage installations

A rush of projects to make up for grid resources lost with the Aliso Canyon gas leak boosted energy storage deployments to a record level in Q4.

A lack of not only incentives but even compensation for the services distributed battery systems provide are among the barriers identified for mass deployment of solar plus storage.

Distributed energy resource (DER) system provider EnSync Energy Systems will acquire DCfusion, a DC system consulting and engineering company, with plans to create another subsidiary for the former.

The company appears to be making progress with its restructuring, as it continues to launch increasingly sophisticated home energy solutions.

Storage provider Ice Energy has signed a contract with the Southern California Public Power Authority (SCPPA) to provide its innovative Ice Bear 20 ice battery system for use in up to 100 residential locations.

Eos Energy Storage and Northern Power Systems have announced a strategic partnership to develop and offer integrated energy storage systems for utilities and commercial/industrial customers at a cost of less than $400/kWh installed.

This is one of three massive systems which SCE has contracted to meet peak demand following its Aliso Canyon gas leak, as a new test for the abilities of energy storage.

Aquion Energy announced today it has been selected for the North American Company of the Year Award by the Cleantech Group, for its proprietary Aqueous Hybrid Ion (AHI) batteries and battery systems for long-duration, stationary energy storage applications.