Battery storage funding climbs in 2018
Mercom Capital’s latest report shows both VC and public market funding for battery storage growing year-over-year.
The race for battery manufacturing capacity: Ultra-fast charging potential
In this op-ed StoreDot Founder and CEO Dr. Doron Myersdorf discusses the current battery manufacturing landscape, the next steps the industry could take, and the potential behind new technologies.
Eguana Technologies appoints former Mercedes-Benz Energy executives
The Canadian battery storage company has hired Marcus Brunner and Dr. Andreas Rueckemann, both formerly of Mercedes-Benz Energy.
SolarEdge charges into storage market with Kokam acquisition
The power electronics maker will buy 75% of Kokam’s shares for $88 million, with an intent to acquire the remainder thereafter. Strategic company acquisitions and close partnerships are characterizing this year’s inverter market, as companies seek to diversify and integrate storage systems and other technologies.
New York to invest (another) $40 million in energy storage deployment
The investment comes as part of Governor Cuomo’s ambitious state mandate of 1,500 MW of energy storage by 2025, in hopes of shifting generation to match demand.
Duke forgets to bring the sauce to the energy storage BBQ
Duke Energy has announced plans to invest $500 million to build 300 MWh of energy storage in the Carolinas over the next eight years, which breaks down to an average of 37.5 MWh per year.
Hawaii’s march to 100% adds 260 MW solar + 1 GWh storage
Hawaii’s investor-owned utilities are in negotiations with developers to build seven solar projects across three islands.
The shift is on: CPS Energy breaks ground on its first storage + solar project in Texas
The unique project will match Texas’ largest previous battery storage project to address the difference between peak generation and peak demand.
Nevada primed for up to a gigawatt of energy storage
A report by the Brattle Group for Nevada regulators suggests that by 2030 – depending on pricing – 700 to 1,000 MW / 2.8 to 4 GWh worth of energy storage could be cost-effectively deployed statewide.
Reverse power flows
In this op-ed John Farrell of ILSR looks at what the big picture of distributed solar and battery deployment means for who makes decisions regarding our electric grid, suggesting that an era of centralized power may be ending.
