Mercom: Battery storage funding shifts to deployment
The latest report by Mercom Capital shows that while debt and public market financing for battery storage companies declined in 2016, that battery storage project funds raised $820 million during the year.
$1 B-plus San Vicente pumped hydro plan flows forward
San Diego County Water Authority (SDCWA) has requested letters of interest due in February for the design and business model for the proposed 500 MW San Vicente Energy Storage Facility, which could include PV energy to pump water to the dam.
Enel acquires U.S. storage company Demand Energy
Through its subsidiary Enel Green Power North America, Italian multinational Enel Group has announced the acquisition of a 100% stake in Demand Energy, a U.S. company specializing in intelligent software and storage systems.
Oregon sets timetable for 10 MW energy storage review
The Oregon Public Utilities Commission has finally set a timetable for the review of energy storage projects that will be proposed by Portland General Electric and Pacificorp.
Tesla to power Nevada gigafactory entirely with solar
The 70 MW system is just one aspect of the plant’s commitment to 100% sustainability – but the company says it will be seven-times larger than the largest rooftop solar system currently installed.
China continues dominance of global renewable energy
A new report examines China’s clean energy investments, which go well beyond its borders, as well as its increasing dominance of PV production and lithium ion processing.
Tesla/Panasonic begin battery cell production at Nevada Gigafactory
The factory is producing lithium-ion batteries both for Tesla’s energy storage products and electric vehicles
Off Grid Electric secures $7.5 million in debt financing
The California-based provider of off-grid solar power in Africa rounded off an excellent 2016 for the company with a further $7.5 million in debt financing and a partnership with Rwanda’s national utility company, off the back of further expansion plans across Africa.
Dynapower and Samsung SDI roll out integrated behind-the-meter energy storage system.
This line of systems will incorporate Dynapower’s recently released Generation 2 MPS product line of behind-the-meter energy storage inverters and Samsung SDI’s recently released E2 battery solution. The initial release of the joint system will be a 250 kW/550 kWh offering, with a 100 kW two-hour system to follow.
Sunrun begins offering solar and storage in California
The second-largest residential solar installer has expanded its solar-plus-storage offerings after a successful roll-out in Hawaii.
