Home Tag "ENERGY STORAGE"

Energy storage tax credit, transmission spotlighted as bipartisan opportunities at ACORE’s Hill briefing

On April 4, ACORE convened a Capitol Hill briefing with fellow leaders in the renewable energy and energy storage industries, including the Solar Energy Industries Association (SEIA) and the Energy Storage Association (ESA). A packed room of congressional staff and members of the media learned from the speakers how to continue renewables’ rapid growth with […]

House Introduces Energy Storage Tax Credit Bill

Another attempt to earn federal tax credits for stand-alone storage, and a proposal to extend an even broader set of clean energy tax incentives. Amidst a flurry of energy and climate change legislation being introduced in the Democratic-controlled U.S. House of Representatives, this week saw lawmakers reintroduce a perennial attempt to add stand-alone energy storage […]

Energy storage, and the other trends in the Chinese and Indian electric bus markets

IDTechEx has published its report analysing the current trends in the Chinese and Indian electric bus markets, Electric Buses 2019 – 2029. According to IDTechEx, the market for electric buses in China has sharply dropped as subsidies disappear, while the Indian electric bus markets are surging due to an announcement of energetic moves to replace 150,000 diesel buses. More […]

Florida Power & Light’s Huge Solar-Plus-Storage System the ‘New Norm’ for Utilities

The NextEra-owned utility’s 409-megawatt Manatee Energy Storage Center will be powered by utility-scale solar. Florida Power & Light, the utility owned by NextEra Energy, said it plans to build a 409-megawatt energy storage project to be powered by utility-scale solar, among the largest battery systems announced to date in the U.S. Expected to be up […]

Florida Power & Light’s Huge Solar-Plus-Storage System the ‘New Norm’ for Utilities

The NextEra-owned utility’s 409-megawatt Manatee Energy Storage Center will be powered by utility-scale solar. Florida Power & Light, the utility owned by NextEra Energy, said it plans to build a 409-megawatt energy storage project to be powered by utility-scale solar, among the largest battery systems announced to date in the U.S. Expected to be up […]

Tesla Installs 7 Megawatt-Hour Battery for Emergency Power at a Japanese Railway

Amid the tumult of its automotive business, Tesla’s energy storage group keeps installing record-setting, grid-scale batteries. Tesla just installed its largest energy storage project in Asia to date — and deploying the hardware took just two days. (Here’s a time lapse of the build on Instagram.) According to Tesla, the 7 megawatt-hour installation in Osaka, […]

Repsol Invests in Storage Startup Ampere Amid Shift to Cleaner Energy

The Spanish oil company’s backing of Ampere follows Shell’s recent acquisition of German battery company sonnen. Spain’s largest oil and gas company, Repsol, has invested in Spanish battery startup Ampere Energy, in a move to emulate industry peers taking positions in clean energy technologies. Madrid-based Repsol this month put an unspecified amount into Ampere, a […]

Report: Levelized Cost of Energy for Lithium-Ion Batteries Is Plummeting

Bloomberg New Energy Finance finds the long-term costs of multi-hour energy storage can compete with natural gas and coal in an increasing number of markets today. The long-term cost of supplying grid electricity from today’s lithium-ion batteries is falling even faster than expected, making them an increasingly cost-competitive alternative to natural-gas-fired power plants across a […]