NV Energy Invests in Renewables as Nevada Eyes Open Electricity Market

NV Energy Invests in Renewables as Nevada Eyes Open Electricity Market

NV Energy has contracted for more than 1 gigawatt of new renewable energy resources to be built in Nevada. At the same time, voters are considering whether to open up the state’s the electric energy market.

Vattenfall Sees Increasing Battery Demand From Data Centers

Vattenfall Sees Increasing Battery Demand From Data Centers

Data centers are likely to become a big market for batteries over the next five years, predicts a director at the Swedish power company Vattenfall. Owners of data centers see advantages to battery installation such as energy security and co-location with renewables, Vattenfall’s head of … Read more…

German Energy Storage Company sonnen Gets $70 Million Backing from Shell

German Energy Storage Company sonnen Gets $70 Million Backing from Shell

  Sonnen, a supplier of residential energy storage solutions, has announced the closing of its latest financing round of €60 million ($70.4 million), led by Shell Ventures. This new round of funding will help the German company accelerate growth in markets such as the United States and Australia. “Growing faster … Read more…

Tesla’s Big Battery in South Australia Provides Critical Power

Tesla’s Big Battery in South Australia Provides Critical Power

Tesla’s 100-MW lithium-ion battery, known as the Hornsdale Power Reserve, is playing a valuable role for South Australia’s electricity supply during very high demand days. The latest National Energy Emissions Audit from the Australia Institute shows that in early February, the battery was consistently charging … Read more…

Arizona Public Service Partners with First Solar to Create One of the Largest Battery Storage Systems in the Country

Arizona Public Service Partners with First Solar to Create One of the Largest Battery Storage Systems in the Country

Two renewable energy proponents, Arizona Public Service and First Solar, are bringing a first-of-its-kind 50-megawatt (MW) solar-fueled battery to the desert to provide clean power to Arizonans on hot summer days. This project will make Arizona home to one of the largest battery storage systems … Read more…

FERC Opens US Wholesale Energy Markets To Battery and Electric Storage Systems

FERC Opens US Wholesale Energy Markets To Battery and Electric Storage Systems

The Federal Energy Regulatory Commission has issued an order allowing the participation of electric storage resources in the capacity, energy, and ancillary services markets operated by regional transmission organizations and independent system operators. FERC’s vote to open US wholesale energy markets to batteries and other … Read more…

Report: Global Industrial Battery Market To Grow at a CAGR of 7.1%

Report: Global Industrial Battery Market To Grow at a CAGR of 7.1%

A new report from Research and Markets predicts that the global industrial battery market will grow at a CAGR of 7.1% between 2014 and 2023. Drivers of the growth in this well-established market include increased demand from energy storage and stationary applications and advancements in … Read more…

Trump Wants To Cut Clean Energy Research Budget by 72%

Trump Wants To Cut Clean Energy Research Budget by 72%

Draft budget documents show that the Trump Administration is preparing to ask Congress to slash 2019 funding for clean energy research by 72%, the Washington Post reported. Trump wants to cut the budget for the Energy Department’s Office of Energy Efficiency and Renewable Energy (EERE) … Read more…

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