Energy Storage

Energy Storage Startups to Watch

Karen Henry

Gigaom has identified 12 battery technology and energy storage service startups that have completed sizable demonstration projects or started to deploy their energy storage systems more widely: Aquion Energy: This Pennsylvania-based startup has secured a deal to install a 1 MWh battery that will store electricity from a 176 kW solar energy system off Hawaii’s   …Continue Reading


Japanese Ministry Requests $1,479M for Energy Efficiency, Energy Storage

Linda Hardesty

Japan’s Ministry of Economy, Trade and Industry wants to provide about $779 million to help factories and smaller businesses install devices to improve energy efficiency, reports Bloomberg. The ministry has submitted a request for a budget for energy saving devices such as LEDs and efficient boilers. In addition, the Ministry wants to spend about $700   …Continue Reading


Alpine Restaurant Installs Energy Storage

Linda Hardesty

Metronik Energija has installed two of Imergy Power System‘ ESP4 series vanadium-based flow batteries at Trojane, a restaurant located in the Slovenian Alps. The restaurant has already installed a 49 kW photovoltaic solar system, a 30 kW combined heat and power (CHP) system, and an electric vehicle (EV) charging station. The energy storage project, sponsored   …Continue Reading


Hawaiian Estate Creates Solar, Battery Microgrid

Linda Hardesty

Aquion Energy has signed an agreement to supply a 1 MWh battery system as part of an off-grid solar microgrid at Bakken Hale on the Island of Hawaii. Bakken Hale is a private estate located along the environmentally sensitive Kona Coast. The Aquion battery system will store energy generated from a large on-site solar installation   …Continue Reading


Eos Energy Storage Raises $25M

Linda Hardesty

Eos Energy Storage, a developer and manufacturer of grid-scale battery systems, announced a private sale of shares to investment firm AltEnergy. Eos expects to receive $15 million in gross proceeds from the private placement and plans to place an additional $10 million with accredited investors for total gross proceeds of $25 million. The placement has   …Continue Reading


Energy Storage Tested in UK

Linda Hardesty

A battery-storage project has been opened at Leighton Buzzard in Bedfordshire, England. S&C Electric Europe, Samsung SDI and Younicos collaborated to deploy the technology onto a UK Power Networks substation. The fully automated 6 MW/10 MWh Smarter Network Storage project will assess the role of energy storage in supporting the UK’s Carbon Plan. S&C Electric   …Continue Reading


Stem Closes $27M Financing Round

Linda Hardesty

Constellation Technology Ventures, Total Energy Ventures, GE, Iberdrola and Angeleno Group are investing in Stem to close out a $27 million Series B round. Constellation Technology Ventures says energy storage is becoming increasingly important. Total Energy Ventures will help Stem expand its reach with channel partners and several international opportunities. Stem’s technology combines advanced energy   …Continue Reading


Installed DESS Power Capacity to Increase More than 11,000 MW by 2024

Karen Henry

According to a new report from Navigant Research, global installed distributed energy storage system (DESS) power capacity is expected to grow from 171.9 MW in 2014 to 12,147.3 MW in 2024. The report, Distributed Energy Storage Systems for Energy Cost Management 
and Grid Management: Global Market Analysis and Forecasts, covers the community energy storage, and   …Continue Reading


Massachusetts Cities Receive $18.4M for Energy Resiliency Projects

Linda Hardesty

Massachusetts’ Community Clean Energy Resiliency Initiative announced a second round of grants to municipalities to implement clean energy technologies. The first round of grants totaled $7.4 million. The most recent round totaled $18.4 million. Through the Resiliency Initiative, $40 million in state funding has been made available to cities and towns that identify facilities in   …Continue Reading


Largest Behind-the-Meter Energy Storage System Deployed in LA

Karen Henry

CODA Energy announced the full interconnection and operation of the largest behind-the-meter lithium-ion energy storage system in the Los Angeles basin. The 1,054 kWh, 510 kW system was developed under a contract with South Coast Air Quality Management District (AQMD) and co-funded through California’s Self-Generation Incentive Program (SGIP). CODA began installations at the beginning of   …Continue Reading