Energy Storage

Duke Energy, USF Launch Solar Battery Research Initiative

Karen Henry

Duke Energy Florida and the University of South Florida (USF) St. Petersburg have launched a solar battery project aimed at exploring better ways to store solar energy. Funded by a $1 million grant from Duke Energy, the solar battery project is already underway with the installation of a solar PV system on the top of   …Continue Reading

Energy Storage Helps Hotel Reduce Demand Charges by 10%

Linda Hardesty

The Ocean Park Inn in San Diego installed Stem’s energy storage system and is expected to save an average of $4,500 per year, lowering its annual demand charges by more than 10 percent. The combination of San Diego Gas & Electric’s energy storage incentives and Stem’s financing plan allowed the hotel to activate the system   …Continue Reading

Eos Energy Storage Raises $23M

Linda Hardesty

Eos Energy Storage closed a $23 million Series C equity round, supporting commercial launch of the company’s grid-scale battery technology. The round was led by AltEnergy, an energy technology and infrastructure investment firm. Other investors included OCI and nearly all of Eos’s prior investors including NRG Energy and Fisher Brothers, a New York-based real-estate firm.   …Continue Reading

R&D Looks Into High-Volume Energy Storage of Heat

Linda Hardesty

The French company Babcock Wanson is conducting research and development into high-volume energy storage in the form of heat. Babcock Wanson, a subsidiary of the CNIM Group, offers a complete range of products and services for industrial boilers to help industries save energy. The company’s objective with its energy storage technology – EMR’Stock – is to   …Continue Reading

Musk’s Latest ‘First Principles’ Breakthrough

Sara Gutterman

Elon Musk thinks differently than most people do. Rather than applying logic to issues that is derived from and compounded upon existing reasoning, Musk reduces issues to their essential core, and then develops new intelligence based on the fundamentals of pure reason. Musk learned this “First Principle” methodology from the field of applied physics. A   …Continue Reading

GE Deploys Hybrid Power Plant in Berlin

Karen Henry

GE has deployed a hybrid power plant at its Power Conversion production site in Berlin, Germany. The plant enables primary energy savings of around 30 percent compared to systems that generate heat and power separately through conventional heating and external electricity procurement. The plant will not only supply power and heat to the GE production   …Continue Reading

Sunwave, Ideal Power Work Together on Energy Storage

Linda Hardesty

The Sunwave Energy Efficiency division of ONEnergy has selected Ideal Power‘s power conversion systems (PCS) for use in its line of energy storage systems to be launched in Canada and select US states beginning in mid-2015. Ideal Power’s products will be included in certain Sunwave energy storage systems that address multiple commercial and industrial applications   …Continue Reading

How Retail Customers Can Benefit from Energy Storage

Josh Kessler

On April 30, Tesla CEO Elon Musk issued a ballyhooed announcement that the company will sell two battery storage systems that he believes will disrupt the energy industry. These systems, whether they run on distributed solar photovoltaic systems or are fed directly from the grid, can provide backup power that will help integrate variable solar   …Continue Reading

Tesla Needs More Partnerships for Powerwall Success, Says Lux

Linda Hardesty

Tesla Motors’ new Powerwall battery for stationary energy storage will need more vertical market leverage in order to be successful, according to Lux Research. “Cheap cells made in the Gigafactory are only part of the puzzle,” said Dean Frankel of Lux Research. “Unlike electric vehicles, in stationary batteries there is more of a relative cost   …Continue Reading

Gexpro, Geli, Ideal Power, LG Chem Join for Battery Energy Storage

Linda Hardesty

Gexpro, a worldwide electrical distributor, will work with Geli, Ideal Power and LG Chem to offer battery energy storage to commercial and industrial customers. Gexpro will be the system integrator using technology from each of the supplier companies. The first Gexpro Battery Energy Storage Solution (BESS) available to the marketplace will be a 30kW, 45kWh complete   …Continue Reading