A U.K. company that turns used electric vehicle battery packs into stationary energy storage has secured a Â£3 million (US$4.1 million) investment from Macquarie Group and French utility ENGIE.
Australia, one of the world’s biggest users of rooftop solar panels, likely added the most new capacity on record last year as electricity users sought to ease escalating power bills.
The share of renewables in the Middle East energy mix is forecast to triple over the next 17 years — but natural gas will remain the dominant power source in the region. That’s one of the key findings of a new report published this week by Siemens.
Today, subscriptions are available to just about anything: TV streaming services, at-home meal kits, clothing and more. Now we’re welcoming energy to the subscription economy.
Invenergy Future Fund, an investment fund linked to the largest closely held U.S. wind developer Invenergy LLC, provided funding for a cybersecurity technology provider, a sign of growing interest in protecting power plants from potential threats.
The California Public Utilities Commission approved an order Thursday that will require PG&E Corp., the state’s biggest utility, to change the way it supplies power when demand peaks. Instead of relying on electricity from three gas-fired plants run by Calpine Corp., PG&E will have to use batteries or other non-fossil fuel resources to keep the lights on in the most-populated U.S. state.
Fluence Energy, the energy storage joint venture launched last year by Siemens and AES, said it will begin offering leasing and project finance options for energy storage projects.
Part one of this article identified changes in the energy storage market that are driving deployment and improving the economics of storage technologies. Market stakeholders face many risks, from regulation to litigation, but there are mechanisms available to mitigate them.
Palo Alto-based software provider Aurora Solar said this week that Connecticut Green Bank authorized Aurora's remote shading simulation software as an acceptable replacement for the onsite solar project inspections previously required when applying for rebates associated with system installations.
West Jefferson is among the first communities to benefit from an effort by North Carolina’s 26 electric cooperatives to lure electric-vehicle drivers off the beaten path to remote and scenic areas they might have otherwise avoided out of range anxiety.
The solar industry and the approximately 1.5 million U.S. nonprofit organizations have been hindered in their efforts to work together, but a new pathway has emerged that will make the process of going solar for tax-exempt entities affordable and user friendly.
President Donald Trump said yesterday that he would like to see the United States further increase its hydroelectric capacity, while again mulling re-entry into the Paris Climate Agreement.
In 2015, seven young people died in Beaver Lake Cree Nation — a tiny community in northeast Alberta with an on-reserve population of only 345 people.
Deployment of energy storage, especially batteries, will increase substantially in the next few years. Three underlying trends in the energy markets will drive the growth. They are favorable federal and state regulations on energy storage, falling costs for batteries due to advances in technologies, and an improved ability by energy storage owners to tap into multiple revenue streams.
SolarReserve’s 150-MW solar thermal power plant has been granted development approval by the South Australian Government, paving the way for construction to begin this year.
India, the largest importer of Chinese solar equipment, proposed a 70 percent safeguard duty on cells and modules shipped from China and Malaysia, citing “threat of serious injury” to the domestic industry.
Citing changes in the energy market, utility regulators in Maine have delayed a decision for a power contract that would allow development to move forward on a 12-MW floating wind farm in Maine waters.
The government of Victoria, Australia, recently completed an agreement that supports the development of a wind plus storage facility for a crop farm in Western Victoria.