The global energy storage market is growing at a strong 23% compound annual growth rate, with annual additions projected to reach 88 GW/278 GWh in 2030, or 5.3 times the expected 2022 level for new installations, according to BloombergNEF’s 1H 23 energy storage outlook.
Just 86 GW of fossil capacity awaits interconnection.
Meta has revealed that its renewable energy deployments are growing by 30% each year. Meta has already deployed 3.56 GW of solar capacity, and has over 9 GW in its long-term development pipeline.
UL 1973 is an industry standard recognition for stationary energy storage systems, which confirms the module’s quality, resilience and ability to operate safely and effectively in a variety of conditions. The S200 modules power ESS systems the Energy Warehouse and Energy Center product lines.
The request recently filed with the Louisiana Public Service Commission to add an additional 3 GW of solar power to its generation portfolio is on top of the nearly 225 MW requested earlier in the month.
MIT researchers have found that strategic placement of EV charging stations and initiating charging at delayed times can mitigate or eliminate daily EV charging demand and solar over-capacity.
High electricity prices and severe weather helped drive record transmission values across many regions in 2022 offering potential savings, said Lawrence Berkeley National Laboratory.
Also on the rise: Silfab Solar raises $125 million for U.S. cell and module manufacturing. Tariff investigation, equipment detainments lead to 16% drop in new solar capacity in 2022. And more.
The grid operator’s projected 5% “completion rate” for projects in its interconnection queue was questioned by executives at the renewables trade group ACORE and the consultancy GridLab.
The U.S. Department of Energy said it may designate “National Interest Electric Transmission Corridors” based partly on the final results from its national transmission needs study.
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