Also on the rise: Volta Energy fund nets $72.6 million for battery and storage startups, and Brooklyn libraries add rooftop solar to power safe-haven emergency services.
The contract was awarded in response to Hawaiian Electric’s request for dispatchable energy storage and renewable generation through distributed energy resources along with capacity and ancillary services.
In an interview with pv magazine publisher Eckhart Gouras, Tony Seba and Adam Dorr discuss their concept of “SuperPower”: by investing in even more solar PV and wind power than the lowest-cost system defined by the “Clean Energy U-curve,” the gain in additional energy, or “superpower,” is exponential to the money invested.
The report confirms CAISO’s initial findings that a trio of factors were responsible for the blackouts: extreme weather conditions, resource adequacy and planning processes, and market practices. It also outlines steps that already have been taken to better ensure supply adequacy and reliability.
Also on the rise: NPPD shops for 2 million MWh of renewables, JV will fuel ReneSola expansion, Canadian Solar sells a project stake, and natural gas rebounds after a lousy 2020.
Nearly 1.4 GW of battery energy storage capacity is under construction and slated for delivery during 2021, according to data from FERC and DOE.
AES and Siemens will remain major shareholders and will continue to support Fluence’s long-term growth. The company currently has 2.4 GW of projects deployed or awarded across 24 countries and territories worldwide.
Under a seven-year contract with Con Edison, the utility will bid power from the battery system into New York State’s wholesale energy market.
CAISO’s new CEO says that rolling blackouts last August were a pivotal moment for the state. For 2021, he is focused on ensuring the grid has ample resources — including DERs — and well-functioning markets.
EVLO Energy Storage has signed an MOU for a 9 MWh storage system in the transmission system operated by France’s national transmission provider.
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