Swedish energy storage firm Azelio, has signed a Memorandum of Understanding with Morocco-based Jet Energy to explore energy storage projects in Morocco and Francophone Africa at large. The collaboration will make use of Azelio’s thermal energy storage technology, Power On Demand (TES.POD) together with existing and new solar PV installations, to deliver approximately 45MWe of […]
Governor Cuomo Announces $55 Million for Energy Storage Projects on Long Island
The collaboration between NYSERDA and PSEG-LI advances progress toward achieving New York’s target of 3,000 mW of energy storage by 2030. Governor Andrew M. Cuomo announced $55 million for energy storage including commercial and residential storage projects on Long Island. This program will be launched with an initial rollout of nearly $15 million in incentives […]
New York allocates $280 million in incentives for energy storage projects
New York Governor Andrew M. Cuomo today announced that $280 million of support is available for energy storage projects to accelerate growth within the industry and drive down energy storage deployment costs to build a sustainable and affordable market. This funding is part of a $400 million investment to achieve New York’s nation-leading energy storage […]