Distributed energy storage provider closes $150 million in financing
Mitsubishi UFJ Financial Group provided the funding to help Convergent Energy and Power advance its energy storage and solar portfolio in North America.
ComEd adds community BESS to U.S. brewery-owned solar project
ComEd wants to explore the benefits of using a grid-connected battery energy storage system (BESS) in tandem with a small community solar project. The utility will pair a BESS with a solar deployment owned by an Illinois brewery as part of a government supported pilot.
Sunrise brief: A record third quarter for U.S. clean energy
Also on the rise: U.S. solar cell manufacturing begins, with sights set on supply chain gap.
BVES Investor Summit: ‘Making money with BESS is easier than ever’
The financial sector is increasingly throwing its weight behind battery energy storage systems (BESS), but transparent regulations are necessary to keep the investment going. This was one of the resounding messages from the 2nd BVES Investor Summit, held in Berlin on Wednesday.
Shoals and Fike win at pv magazine Awards 2024
Two U.S. businesses top categories as the pv magazine Awards 2024 winners are revealed. The global competition recognizes innovative businesses and projects from across the globe. Expert independent jurors had high praise for U.S. companies in the Balance of System (BoS) and Battery Energy Storage System (BESS) categories.
Energy Department announces $289.7 million loan guarantee for widespread VPPs
The conditional loan guarantee will help deploy up to 1,000 solar and battery energy storage systems in a virtual power plant that spans as many as 27 states.
Utility-scale battery storage best practices to mitigate hazards
Report from Leeward Renewable Energy finds that improving chemistries, management systems and knowledge are helping.
Solar wins on cost
On Day One of pv magazine USA Week, a panel of experts explored the levelized cost of energy as well as current challenges to capacity expansion.
Major battery energy storage system in Arizona supports Meta data center
Arizona’s newest and largest battery energy storage system (BESS) is part of a solar-plus-storage project that will supply Meta’s enormous energy needs for a new, 100% green energy-powered data center in the region.
Sunrise brief: Average U.S. residential solar project breaks even at 7.5 years
Also on the rise: Hecate Energy advances the BESS project through zoning process in Massachusetts. How our aging grid can manage the surge in solar energy. And more.
