Energy Storage

The Energy Department said that advanced, lithium-based batteries “play an integral role” in electric vehicles, stationary grid storage, and defense applications that will be critical to a clean energy future.

The framework includes a 10-year expanded tax credit for utility-scale and residential clean energy, transmission and storage, clean passenger and commercial vehicles, and clean energy manufacturing.

The incentive program requires that the batteries be charged by the on-site solar power system in order to fully qualify.

Also on the rise: Energy Vault notches a win for its gravity based energy storage system, and Greenbacker names an EPC for two utility-scale solar projects.

While still in the planning and development stage, the New Brunswick facility is targeted to enter service in 2024.

Energy Vault signed a $520 million deal to supply 1.6 GWh of energy storage to DG Fuels to produce renewable hydrogen and a variety of fuels.

The new rates will help to support the expansion of two of the utility’s prominent solar programs, 30-by-30 and the SolarTogether community solar initiative.

Also on the rise: Large format modules are gaining market share and presenting a new set of challenges, Honeywell and Duke will jointly test a flow battery, and Sunnova will offer EV charging through a partnership with ChargePoint.

A growing share of residential solar projects now attach energy storage batteries. In part one, we consider the backup power feature of batteries.

The battery, which uses an electrolyte to convert chemical energy into electricity for storage and deployment, will begin testing in 2022 at Duke Energy’s Emerging Technology and Innovation Center in Mount Holly, North Carolina.