Homeowners improve solar plus battery payback period with virtual power plants
Virtual power plants (VPP) coordinate home energy resources, dispatching power to the grid at key times of high electricity demand in exchange for compensation.
Who’s on top of the residential solar-plus-storage market?
Wood Mackenzie’s new leaderboard ranks battery manufacturers and solar-plus-storage installers. Recent findings show that three companies have held 80% of the market since 2018, but that tide is turning as new providers enter the growing market.
Sunrise brief: Winners of pv magazine awards 2023
Also on the rise: U.S. House Energy Committee expresses outrage over solar sales tactics. Trends in U.S. grid-scale energy storage. And more.
Trends in U.S. grid-scale energy storage
The IRA’s investment tax credit for energy storage along with increased utility adoption are critical drivers in the growth of energy storage; however, challenges remain in the build-out of the manufacturing of storage needed to support the U.S. goal of getting to net zero.
Brenmiller Energy commissions thermal energy storage demonstration project
The company’s thermal energy storage demonstration system at the State University of New York in Purchase uses crushed rocks to store energy from renewables or the grid.
Sunrise brief: Guidance released for 45x clean energy manufacturing tax credits
Also on the rise: Record-breaking Q3 for U.S. energy storage deployment. Form Energy awarded $30 million for 100-hour iron-air battery project in California. And more.
Record-breaking Q3 for U.S. energy storage deployment
Wood Mackenzie/ACP report estimates that grid scale energy storage deployment increased by 37% quarter on quarter.
Fostering a mindset of innovation and inclusivity for the renewable energy future
Ensuring equitable access means guaranteeing that the benefits of the energy transition are not exclusive to privileged countries but are extended to every individual and community, allowing them to benefit from cleaner energy sources.
Sunrise brief: Expect lower demand for residential solar
Also on the rise: Gates-backed Fourth Power pilots non-lithium thermal storage. What happens when the sun doesn’t shine? And more.
Canadian Solar launches new grid-scale battery
SolBank 3.0 supports up to 2.35 MW / 5 MWh of grid-scale renewable energy storage and dispatch.
