Lockheed Martin Installs the GridStar Storage System at Syracuse Facility

Lockheed Martin has installed the GridStar Lithium energy storage system at its Syracuse, NY, facility. The press release says that the 1 MW system also will provide services to New York Independent System Operator, which is the state’s competitive wholesale electricity operator. The system will … Read more…

Duke Energy Renewables, Lockheed Martin Sign PPA

Duke Energy Renewables, Lockheed Martin Sign PPA

Duke Energy Renewables and security and aerospace firm Lockheed Martin have signed a 17-year power purchase agreement (PPA) for solar generated electricity. The PPA will produce 30 MW – about 72,000 mWh – annually. The electricity will be used across Lockheed Martin’s entire domestic business … Read more…

Developing Energy Efficient Electronics with Wide Bandgap Semiconductors

PowerAmerica and Lockheed Martin are partnering to develop a new generation of power-efficient microelectronic devices that will reduce energy loss across the power grid. The partners are turning their attention to wide bandgap semiconductors for their research. Led by NC State University, PowerAmerica is one … Read more…

Lockheed Martin Runs Energy Efficiency Programs in Southeast

Lockheed Martin Runs Energy Efficiency Programs in Southeast

Lockheed Martin is partnering with the Tennessee Valley Authority (TVA) to administer commercial and industrial energy efficiency programs for consumers across the Southeast. Lockheed Martin will supply program management, engineering and operations services to TVA and local power companies. Through an office in Nashville, Lockheed … Read more…

Remote Microgrid Revenues Will Top $8 Billion By 2020

Remote Microgrid Revenues Will Top $8 Billion By 2020

Thanks to the declining costs of solar panels, rising cost of diesel and investments in energy storage, the remote microgrid market will keep growing from its current $3 billion plus in hardware and software sales to more than $8 billion by 2020, according to a … Read more…

US Embassy in Nicaragua Spends $15 Million for Energy Contract

US Embassy in Nicaragua Spends $15 Million for Energy Contract

The Department of State has selected Lockheed Martin to deliver energy savings  for the US Embassy in Managua, Nicaragua. Under the contract, the embassy will invest $15 million to save more than $36 million in utility expenses through the installation of 1 MW of solar … Read more…

Microgrid Powers Fort Bliss

Microgrid Powers Fort Bliss

The US Army and Lockheed Martin commissioned the first Department of Defense (DoD) grid-tied microgrid integrating both renewable resources and energy storage at Fort Bliss, Texas. The project was funded by the DoD’s Environmental Security Technology Certification Program, and Lockheed Martin received the contract in … Read more…

Lockheed Martin Builds Ocean Thermal Energy Conversion Power Plant

Lockheed Martin Builds Ocean Thermal Energy Conversion Power Plant

Although Lockheed Martin is usually associated with aerospace technologies, the company is working with Beijing-based Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China. The two companies signed a memorandum of agreement in Beijing last … Read more…

Top 10 Smart Grid Vendors, According to GTM Research

Top 10 Smart Grid Vendors, According to GTM Research

A new report from GTM Research identifies the following companies that GTM analysts consider the best smart grid vendors across the smart grid value chain at present: ABB, Cisco, IBM, Itron, Siemens, S&C Electric, Schneider Electric, Opower, Silver Spring Networks and Tendril. While there were … Read more…

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