WoodMac: Solar and Storage Prices Falling Faster Than Expected Due to COVID-19

Weakness in the global markets for solar modules and batteries is pushing down U.S. system costs more rapidly than forecast. The fallout from the coronavirus pandemic and the looming threat of recession are expected to drive down pricing for front-of-the-meter solar and storage systems even faster than expected. Project construction delays and tightening consumer spending […]

Hawaiian Electric Reveals Full List of Winners From Its Big Energy Storage Procurement

The winners range from energy storage stalwarts to relative newcomers to the large-scale battery business. Hawaiian Electric this week revealed the full list of winners from its second large-scale procurement of energy storage and renewables for the islands of Oahu, Maui and Hawaii. The winners run the gamut from major industry players like AES and Engie to […]

Energy storage projects will increase in India for peaking power tariff tenders: Deepak Thakur, CEO – HES at Sterling and Wilson

He added that the firm will expand its portfolio in integrating storage solutions and is positive that the hybrid market will grow with higher renewable energy penetration into the grid The hybrid and energy storage (HES) division, part of the solar power generation company Sterling & Wilson, was launched in 2018. Deepak Thakur, chief executive […]

PG&E Poised to Expand Battery Energy Storage Capacity by More Than 420 MW

  Projects intended to further integrate clean energy from renewable generation sources while ensuring future reliability of the electric system. Pacific Gas and Electric Co. (PG&E) has requested approval of five energy storage projects totaling 423 MW, in a filing with the California Public Utilities Commission (CPUC). The projects are intended to further integrate clean […]

Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

The utility embraces solar and offshore wind, but critics say its plan is too reliant on fracked gas and pipelines. Utility Dominion Energy is planning a major shift toward renewable energy and batteries as it looks to comply with Virginia’s ambitious new clean energy law. Dominion Virginia’s new integrated resource plan (IRP), announced Friday, represents […]
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