The Commonwealth issued a draft request for proposals of 1.5 GW of batteries with storage durations of 4 to 10 hours, primarily funded through the state’s Clean Peak Standard. The procurement is part of a broader effort to procure 5 GW of energy storage by 2030.
Electric utility ComEd and its parent company Exelon spoke in a keynote session at the Midwest Solar Expo about why, as utilities, they want growth in the community solar and rooftop solar markets.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
The rapid expansion is partially due to falling manufacturing costs, a trend that is expected to continue over the next five to seven years, said Rystad Energy.
The Darden Clean Energy Project, paired with 1.1 GW of solar, will provide enough electricity to power 850,000 homes for four hours.
The Oregon-based business has been hit by steepening tariffs as it imported lithium iron-phosphate (LFP) battery components from China.
Tariffs are greatly affecting the battery energy storage market because it’s one of the remaining clean energy sectors that sources materials mainly from China.
The executive director of the Energy Policy Design Institute describes the development of virtual power plant policy frameworks that can help public utility commissions create clear regulations and set industry best practices.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Powin is the second Oregon-based battery company in recent days to announce looming closures and financial difficulties.
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