A Boston hospital’s 572 kW battery is expected to pay for itself in 7 to 10 years
The battery system is expected to earn $80,000 per year by providing energy to the local utility during peak summer demand periods, while saving $57,000 per year by reducing the hospital’s own monthly and annual peak consumption.
Tesla Powerwall demand declines on negative sentiment toward Musk
A Roth Capital Partners survey of residential solar and storage installers revealed a market shift away from the leading home battery provider.
Clearway Energy begins construction on $605 million energy storage portfolio in Utah
Each project will use 4-hour Tesla Megapack lithium ion batteries located adjacent to four operating solar power plants.
Tesla lands tax abatement for Texas Megapack factory
County officials have approved a tax abatement for Tesla to build a manufacturing facility for its utility-scale battery energy storage product, Megapack, in the Lone Star State. The final approval is conditional on an agreement with city authorities.
Tesla begins production at Shanghai Megapack Factory amid intensifying price war
Tesla’s first overseas energy storage plant starts operating as global competition from Chinese firms and pricing pressures mount.
A fork in the road for energy storage
Faster-than-expected price falls and global oversupply of batteries will go up against a rising tide of global protectionism this year. So how will it all shape up for the energy storage industry? Storage industry thought leader and UN adviser Marek Kubik considers the key issues.
Tesla’s 2024 energy storage revenue surpasses $10 billion
Records are tumbling for Tesla’s battery energy storage business with revenues growing 67% and deployments surging 114% year-on-year.
Exus secures $312 million for solar-plus-storage project in New Mexico
Energy from the project will be purchased by Public Service Company of New Mexico to support a Meta data center in New Mexico.
Sunrise brief: Treasury updates domestic content guidance, elevates wafers made in U.S.
Also on the rise: Fire at California’s Moss Landing battery plant triggers evacuation. Coalition of 17 state attorneys general urge Congress to retain clean energy tax credits. And more.
Majority woman-owned developer begins construction on solar, battery facility in Nevada
The 185 MW solar and 400 MWh battery energy storage Nevada facility is expected to be in operation later this year.
