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Distributed Energy Storage Provider Closes $150 Million in Financing

Distributed energy

Distributed Energy Storage Provider Closes $150 Million in Financing

Microgrid
04-01-2024

FERC Approves New England Grid's Request to Delay Power Auction to 2026
The Federal Energy Regulatory Commission (FERC) has granted a request by New England's grid operator and a regional utilities association to postpone their 2025 forward capacity auction by a year.In November 2023, ISO New England and the New Engla
Solar Module
02-01-2024

JA Solar Successfully Completes the Shipment of All N-Type Modules for the Acwa Power Solar Project in Tashkent, Uzbekistan
JA Solar Successfully Completes the Shipment of All n-type Modules for the ACWA Power Solar Project in Tashkent, UzbekistanOn December 22nd, JA Solar successfully completed the shipment of all n-type modules for the ACWA Power solar project in Tashkent, U
Renewable Energy
24-11-2023

Here Came the First-Ever, Spectacular and Magnificent Energy Exhibition! 2023 Global Clean Energy Innovation Expo Made Its Grand Opening
The Dominating Platform of the Central Energy Enterprises’ Exchanges in Science and TechnologyOn November 15, the 25th China International High-Tech Fair- Global Clean Energy Innovation Expo (referred to as "Energy Expo") made a grand
Distributed energy
22-11-2023

Invites US Manufacturers to Develop and Commercialize Distributed Wind Energy Technology
The National Renewable Energy Laboratory (NREL) has issued a notice of intent under the Competitiveness Improvement Project (CIP) calling for U.S. manufacturers of small- and medium-sized wind turbine technology to develop project ideas and teams in prepa
Microgrid
15-11-2023

Eaton Opens First R&D Innovation Center in Canada
Energy management firm Eaton is celebrating the opening of its latest global innovation center where it will research and develop next-gen distributed energy resource (DER) technologies in Quebec.The 35,000-square-foot Eaton Innovation Center will bring i
Distributed energy
10-11-2023

Polestar Wants to Save the Grid With V2G Virtual Power Plant Trial in CA/Sweden
Polestar has announced that it will create two large trial virtual power plants in California and Gothenburg, Sweden, to examine how Polestar 3’s vehicle-to-grid capability could be leveraged to help stabilize grids and earn money for EV owners
Distributed energy
09-11-2023

INNIO to Deliver Hydrogen Technology to Power Austrian CHP Plant
RAG’s storage facility © RAG AustriaAustrian cogeneration company INNIO has been selected by RAG Austria AG (RAG) to power its hydrogen cogeneration plant in Gampern, Upper Austria.The combined heat and power plant (CHP) will generate g
Distributed energy
09-11-2023

GE Vernova to provide H-class combined cycle equipment in Germany
Altbach power plant (Image supplied by GE Vernova)GE Vernova’s Gas Power business has secured two orders from EnBW to provide H-Class natural gas-fired combined cycle power generation equipment for EnBW’s Combined Heat and Power (CHP)
Distributed Generation
13-07-2023

Michigan's Largest Utility Agrees to Raise Distributed Generation Cap by 5%
On July 12, Michigan utility DTE Energy agreed to a landmark settlement in its Integrated Resource Plan (IRP). Signatories to the agreement include Vote Solar, Union of Concerned Scientists, and Ecology Center, all represented by the Environmental Law and
Hydropower Plant
13-04-2023

Emrgy Secures $18 Million in Capital for Distributed Hydropower, Other Work
Emrgy, a woman-led renewable energy technology and project developer, has raised $18.4 million in a Series A funding round to deploy distributed hydropower projects, open a turbine assembly facility in Colorado, and expand its development, operations and
Distributed energy
27-03-2023

Global Investment Firm Ab Carval Acquires DG Developer Solamerica
SolAmerica developed the the 4.1 MWdc Putnam Erickson 2 solar project in Putnam County, Georgia. (Courtesy: SolAmerica)The global alternative asset manager AB CarVal said it acquired Atlanta-based distributed solar and energy storage SolAmerica.Terms were
Microgrid
23-02-2023

Duke Energy to Mobilize First-Of-Its-Kind Microgrid-Integrated Fleet Electrification Center
Part of a Broader Collaborative Effort to Electrify and Decarbonize Transportation FleetsDuke Energy has announced it will build a first-of-its-kind performance center that will model and accelerate the development, testing and deployment of zero-emission
Distributed Generation
07-02-2023

The Grid Is Fragile. Is Distributed Energy the Answer?
Scale Microgrid Solutions developed, owns, and operates a hybrid solar, generator, and battery system microgrid at Bowery Farm. (Courtesy: Scale Microgrid Solutions)Tim Hade's perspective on the distributed energy transition is simultaneously opti
Microgrid
03-02-2023

This Microgrid Can Power an Entire North Carolina Town During an Outage
Duke Energy's Hot Springs microgrid consists of a 2 MW (AC) solar facility and a 4.4 MW lithium-based battery storage facility. During its testing phase, Duke Energy’s microgrid was able to pick up the town’s entire load from a
Microgrid
28-01-2023

Husk Power Systems Proves Rural Minigrids Can Be Profitable
There is a common belief that profit-building minigrids are impossible in South Asia and sub-Saharan Africa. Husk Power released financial data today that illustrates it’s not.Husk launched its first renewable energy minigrid – a term
Distributed Generation
16-01-2023

Decentralised Renewables Solutions Can Improve Healthcare Services for Almost 1 Billion People
Close to 1 billion people in low- and lower-middle income countries are served by healthcare facilities that lack a reliable electricity supply, according to a new report from the World Health Organization (WHO), the World Bank, the International Renewabl
Wave Energy
10-01-2023

Schneider Explores New Resource for Microgrids — River Currents
A selling point for microgrids is that they can use just about any form of generation, making them able to reap the benefits of local resources.Mostly, however, they use solar, batteries and fossil fuel generators.But Schneider Electric has begun incorpor
Solar Power Plant
19-12-2022

Repsol Acquires Spanish Firm Asterion Energies In €560m Deal
Asterion Energies has a 7.7GW of renewable project portfolio, mostly under development stage.Spanish energy company Repsol has acquired Asterion Energies from European infrastructure fund Asterion Industrial to expedite its growth in the renewable energy
Liquid Hydrogen
19-12-2022

NV Energy To Add BESS As It Works To Trim Reliance On Western Energy Markets
This is Energy Vault’s first public utility customer for our short duration energy storage solutions.
Microgrid
13-10-2022

Mapping Europe’s Microgrids to Ensure Effective Regulation
University of Groningen doctoral researcher Jamie Behrendt has started mapping existing and developing microgrids across Europe.
Microgrid
13-09-2022

ABB-Backed Research Will Develop Smart Microgrid Cybersecurity Testbed
With the increasing penetration of smart tech in our grids, the threat of cybersecurity likewise rises. To research and develop technologies to combat such threats, a group of researchers are developing a smart microgrid cybersecurity testbed.
Microgrid
02-08-2022

ABB Releases Blueprint for Carbon Negative Microgrids
ABB has announced delivery of electrical distribution and control systems for a 300kW future microgrid that engineering and management consultancy Tetra Tech is deploying for Oldham Council in Greater Manchester.
Distributed energy
23-06-2022

Energy as a Service Industry in South Africa Maturing
The latest Market Intelligence Report on Energy Services suggests South Africa’s Energy Services Companies and EPCs are starting to specialise, focusing on niche services as part of the wider value chain.
Microgrid
17-06-2022

Renewable Front-Of-The-Meter Microgrid Strengthens California’s Grid Reliability
California’s first 100% renewable energy, front-of-the-meter, multi-customer microgrid is now fully operational, providing enhanced energy resilience for the California Redwood Coast-Humboldt County Airport and US Coast Guard Air Station.
Microgrid
15-06-2022

AXA IM Invests $15MN in Greenstruxure to Grow US Microgrids
AXA Investment Managers joins line of investors in GreenStruxure which is developing on-site renewable energy microgrids for commercial buildings in the US.

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