The Germany-headquartered vertically integrated energy company is "very keen" on progressing its in-house capabilities in battery storage, with a number of
Read MoreAlpiq acquired the project in Valkeakoski from Merus Power, which also does early-stage development work, and the latter will now provide the BESS hardware along with long-term operation and maintenance (O&M) services. Merus may also provide its trading platform in future too. The project is scheduled to come online in summer 2025
Read MoreTemperatures can be hottest during these times, and people who work daytime hours get home and begin using electricity to cool their homes, cook, and run appliances. Storage helps solar contribute to the electricity supply even when the sun isn''t shining. It can also help smooth out variations in how solar energy flows on the grid.
Read MoreThe US energy storage market has set a new record in the first quarter of 2022, with grid-scale installations totaling 2,399 MWh, the highest capacity for Q1 on record. The record figure is courtesy of the latest report by Wood Mackenzie and the American Clean Power Association (ACP). Recurrent Energy has acquired two standalone battery
Read MoreLG Energy Solution Vertech Selected for 10 GWh of US Energy Storage Projects. Westborough, MA, December 20, 2023 – With the US coming to the end of its warmest year on record, it appears the country is more committed than ever to clean energy. LG Energy Solution Vertech has already lined up 10 GWh of grid-scale battery
Read MoreFounded in 2008, Greensmith is a recognized leader in energy storage technology and systems integration, responsible for deploying about a third of total US energy storage capacity in 2016. Specializing in energy storage optimization and integration software, the company today employs over 40 people and has delivered in
Read MoreHitachi Energy acquires eks Energy Strategic acquisition adds advanced power electronics and energy management software capabilities to meet accelerated, global demand for battery energy storage
Read MoreJulian Spector March 04, 2021. This FlexGen storage system in Indiana provides blackstart capabilities for a utility. (Image credit: FlexGen) 3. FlexGen supplied large-scale grid batteries to
Read MoreUsing a three-pronged approach — spanning field-driven negative capacitance stabilization to increase intrinsic energy storage, antiferroelectric
Read MoreImage: Gore Street. UK-listed Gore Street Energy Storage Fund has acquired its first asset in California, a 200MW/400MWh battery energy storage system project from developer Avantus. The two-hour duration project, called Big Rock, is in Imperial County which borders Mexico and will provide power on the electricity market
Read MoreBased in Durham, N.C., FlexGen is the leading integration services and software technology provider for energy storage solutions in the United States and globally. FlexGen designs and
Read MoreMeanwhile, LS Energy Solutions is a system integrator that began in the market as a power electronics player. The company launched after South Korean conglomerate LS Group acquired the grid-tied business of Parker-Hannifin in 2018, putting its first ''all-in-one'' energy storage products onto the market in late 2020 and announcing its first US
Read MoreAxpo has acquired the 20MW/20MWh lithium-ion battery energy storage system (BESS) project in Landsrkona from global renewable energy developer RES and local outfit Scandinavian Capacity Reserve (SCR). Axpo has entered the battery storage market in Sweden, buying a project from developers RES and SCR set to come online in
Read MoreThe company announced that it has put three projects totalling 1GW of energy storage capacity into the queue, distributed in the north, the Metropolitan region of Santiago and the Bio-Bio region in the south. Flexen has put 1GW of standalone battery storage projects into the interconnection queue in Chile, the first of that scale, it claimed.
Read MoreRWE continues to deliver on its Growing Green Strategy, further expanding its green energy portfolio in the U.S. with the recent completion of three new battery energy storage systems (BESS) totaling 190 MW (361 MWh), and 770 MW (2280 MWh) BESS under construction.
Read MoreImage: Hyperstrong. Hyperstrong, the largest BESS system integrator in China, is targeting the US energy storage market after becoming one of the largest providers globally. The company, full name Beijing HyperStrong Technology, grew substantially over 2019-2022 to become the largest system integrator in China, it claims,
Read MoreLG Energy Solution (LGES) completed the acquisition of a 100 percent stake in NEC Energy Solutions, a U.S.-based energy storage system (ESS) integrator, from its parent, Japan''s NEC Corporation
Read More11 July 2022 23:30 ( GMT-7) (Photo: East Point Energy LLC) Equinor has signed an agreement to buy a 100% stake in the US based battery storage developer East Point Energy LLC. The acquisition supports Equinor''s ambition to be a leading company in the energy transition and provides a platform for broadening our energy offerings in the US.
Read MoreThe grid-connected energy storage market is projected to grow from annual revenues of $2.3 billion in 2019 to $9.0 billion in 2025. Revenues dropped in 2019 for the first time for the energy storage market. This was due to project delays and regulatory changes. Despite this, strong growth is expected until 2025 with the United States becoming
Read MoreThe energy storage industry continues to rapidly expand, creating opportunities for new entrants and incumbents alike. As the market grows, many system
Read MoreA startup acquirer of land sites for data centers is going to partner with a solar and energy storage integrator Silicon Ranch in an exclusive collaboration to install renewables at future projects. Denver-based Tract is focused on developing hyperscale data center sites and is pairing with Silicon Ranch to create "green campuses" at
Read MoreThe U.S. Department of Energy''s (DOE''s) Office of Electricity (OE) today announced two new funding pathways for energy storage innovation. Grid-scale energy storage is critical to supporting a resilient and secure electricity grid that can more efficiently transmit clean energy in the United States.
Read MoreSeptember 6, 2023. Close-up view of Strata Clean Energy''s 5MW/10MWh BESS project in Georgia, US, for which the ITC was leveraged. Image: Strata Clean Energy. The Inflation Reduction Act passed into law just over a year ago, and Ravi Manghani, director of strategy and market analytics at battery storage system integrator LS Energy Solutions
Read MoreItalian utility Enel acquired a 100 percent stake in U.S.-based Demand Energy, a developer and operator of energy storage systems and software, for an undisclosed amount.. Enel''s renewables
Read MoreGenerate Capital has acquired US large-scale battery storage developer esVolta, marking the sustainable infrastructure investment firm''s first step into the front-of-the-meter battery market. Generate announced the deal yesterday which adds the developer''s portfolio of over 900MWh of operational and contracted projects in the US
Read MoreJeff St. John March 05, 2015. SunEdison Buys Solar Grid Storage for Battery-Backed PV and Wind Power. 5. Last month, we predicted that one of the country''s big vertically integrated solar
Read MoreLG Energy Solution (LGES) completed the acquisition of a 100 percent stake in NEC Energy Solutions, a U.S.-based energy storage system (ESS) integrator, from its parent, Japan''s NEC Corporation,
Read MoreThe diversity of energy sources will help with the resilience of the Texas electricity grid; London/New York, 28 July 2022 – UBS Asset Management today announced the acquisition of five standalone, development-stage energy storage projects in Texas from Black Mountain Energy Storage (BMES). This marks an important milestone
Read MoreImage: CATL. Energy storage system integrator FlexGen signed a multi-year, 10GWh battery storage supply deal with CATL, the world''s biggest lithium-ion manufacturer a couple of weeks ago. Energy-Storage.news was on hand as the deal was signed live at RE+ 2022, the solar PV and energy storage trade event which took place
Read MoreUpdate 10 September 2021: A Key Capture Energy representative told Energy-Storage.news that SK E&S anticipates investing a billion US dollars into KCE. The representative said that the money will go towards building the team and developing, constructing and operating projects in KCE''s growing pipeline of projects around the
Read More15 · Business Combination anticipated to close in the second half of 2024; energy storage system delivery expected to complete by the end of 2024 NEW YORK, N.Y. and Ganzhou, China, July 01, 2024 (GLOBE
Read MoreNew data published by S&P Global has revealed the five largest battery energy storage system (BESS) integrators in the world. Together, the top five have
Read MoreThe five largest battery energy storage system (BESS) integrators have installed over a quarter of global projects. Mainland China battery storage market has experienced drastic growth since 2022 and is exclusively supplied by local players, leading to Chinese system integrators moving up on the global rankings.
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