WASHINGTON, D.C.: Today, the U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of […]
Energy Storage
Macquarie’s Green Investment Group Announces Debt Financing of California Battery Storage Project
Macquaries Green Investment Group (GIG), the specialist green energy project developer and investor, today announced the closing of debt financing on an innovative battery-based energy storage project in Southern California. It is the projects third debt financing and will fund the completion of its construction. The financing announced today funds construction of an additional 97 […]
This is how much it will cost to take your home off the grid – and avoid load shedding forever
Business Insider approached renewable energy solutions companies to see how much it would cost to go off the grid right now. For a standard four-person family home, using around 25kWh per day, you could expect to pay around R200,000. That will give you a solar system with a lifespan of between 25 and 40 years. […]
New England Grid Operator Puzzles in Microgrids and Energy Storage: Regional Outlook
The good news in New England is that the trend is toward using lower-carbon fuels. The bad news is that grid managers are operating on thin margins and may have to rely on costlier measures to maintain grid reliability. What role will energy storage and microgrids have during this period? The New England Independent System […]
The Newest Name In The U.K. Power Sector Is … Shell
Shell has begun selling electricity to customers in the UK using its own brand. The firm bought existing service provider First Utility a little more than a year ago. The oil majors have not been shy to talk about getting involved in the power sector. Some have gone further than others, however. Shell’s position is […]
IN GERMANY, SOLAR-POWERED HOMES ARE REALLY CATCHING ON
This story was originally published by Yale Environment 360 and is reproduced here as part of the Climate Desk collaboration. Stefan Paris is a 55-year-old radiologist living in Berlin’s outer suburbs. He, his partner, and their three-year-old daughter share a snug, two-story house with a pool. The Parises, who are expecting a second child, are […]
PG&E wildfire-linked bankruptcy imperils big Bay Area green energy project
Hummingbird Energy Storage complex in south San Jose faces hazy future due to PG&E insolvency SAN JOSE: PG&E’s bankruptcy could torpedo an energy storage project in south San Jose, a potential failure that could shelve a welcomed green energy project and leave the fate of a big natural gas plant up in the air. esVolta, […]
Switzerland installs its largest energy storage system
The largest power distribution company in Switzerland has installed the country’s largest energy storage system. Elektrizitätswerke des Kantons Zürich (EKZ) now owns and operates 18MW/7.5MWh grid storage solution system installed by NEC Energy Solutions. The energy storage system is located at an existing substation in Volketswil, near Zurich and will be used for primary frequency reserve […]
‘Important market development’: Energy storage included in Australian climate bonds
A green bond has been issued in Australia that will give people the chance to invest in energy storage for the first time. The country’s national Clean Energy Finance Corporation (CEFC) has invested AU$10 million (US$7.11 million) in an AU$90 million green bond issuance from financing company FlexiGroup Limited (flexigroup). The bond is aimed at […]
PG&E bankruptcy threatens major battery storage project
Californian electricity and gas supplier PG&E filed for bankruptcy protection in January, in anticipation of significant expected liabilities from wildfires in the state. New Delhi: A major battery storage project that would help California replace three of its natural gas power plants may need to be scrapped as a result of PG&E Corp’s bankruptcy, according […]