Global energy investment “stabilised” at just over $1.8 trillion in 2018, ending three years of declines. Higher spending on oil, natural gas and coal was offset by declines in fossil fuel-based electricity generation and even a dip in renewable energy spending. China was the largest market for energy investment, even as the U.S. closed the […]
Energy Storage
SCHMID Group, Nusaned Investment and RIWAQ announce partnership focusing on manufacturing and technology development in the field of Vanadium Redox Flow Batteries (VRFB)
SCHMID Group, Nusaned Investment (an investment company owned by SABIC) and RIWAQ announced that the parties signed agreement for establishing a joint venture in the Kingdom of Saudi Arabia focusing on manufacturing and technology development in the field of Vanadium Redox Flow Batteries (VRFB). The joint venture aims to become a global technology leader and […]
CellCube and Pangea Energy Have Signed LOI for 50MW/200MWh in Australia
TORONTO: CELLCUBE ENERGY STORAGE SYSTEMS INC. (“CellCube” or the “Company”) (CSE: CUBE) (OTCQB: CECBF) (Frankfurt: 01X) (WKN A2JMGP) is pleased to announce Pangea Energy Pty Ltd. (“Pangea Energy”) and CellCube’s 100% subsidiary Enerox GmbH in Wiener Neudorf, Austria, have signed a Letter of Intent on May 13, 2019 to build a 50MW / 200MWh Energy Storage System on grid scale […]
The energy storage market is paving the way for next energy revolution, reveals GlobalData
The energy storage market has caught the eye of a number of stakeholders involved in the power industry, leading to its considerable growth and opening the way for next energy revolution, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, ‘Thematic Research: Energy Storage’, highlights the present scenario and emerging market trends […]
AMS Announces Solar and Storage Partnership with 38 Degrees North and John Hancock
SAN FRANCISCO: AMS, an energy management services company with projects across the United States, today announced the establishment of a solar and storage energy partnership with 38 Degrees North, and John Hancock and its affiliates. 38 Degrees North, alongside John Hancock Infrastructure Fund (“JHIF”), a private equity fund with approximately $2 billion of committed capital and part of […]
AMS Announces Solar and Storage Partnership with 38 Degrees North and John Hancock
SAN FRANCISCO: AMS, an energy management services company with projects across the United States, today announced the establishment of a solar and storage energy partnership with 38 Degrees North, and John Hancock and its affiliates. 38 Degrees North, alongside John Hancock Infrastructure Fund (“JHIF”), a private equity fund with approximately $2 billion of committed capital […]
Med tech, energy storage companies from Orlando win money at pitch competition
Two Orlando companies are a little bit richer today after impressing a panel of judges at a venture capital conference last week. The medical device company SegAna won $25,000 and energy storage tech firm Capacitech Energy took home $10,000 at the Florida Venture Forum on Friday. “In addition to providing access to capital, these events […]
IHS Markit: Outlook for energy storage strengthens due to demand for utility-scale solar co-location
The year 2018 set a record for deployment of grid-connected battery energy storage. Global installations almost doubled, especially driven by growth in South Korea in the first half of the year. The four largest markets in 2018 were South Korea, the United Kingdom, China and the United States, together accounting for more than 60 percent […]
‘Step-change’ in energy investment needed to meet climate goals: IEA
For that to happen, however, trend lines on both fronts moved in the wrong direction last year, the agency reported in its 4th annual World Energy Investment overview. The world must double spending on renewable power and slash investment in oil and coal by 2030 to keep the Paris climate treaty temperature targets in play, […]
Report: Value-Added Services Help Energy Storage Industry Reduce Risks
A new report from Navigant Research discusses how energy storage value-added services (VASs) have evolved and how the storage industry has grown by using VASs to reduce customer risks. Because potential customers are generally unfamiliar with energy storage system (ESS) technology, VASs are required for projects to be considered bankable by customers and investors. These services shift technological and financial risk […]