storage

ENGIE Storage will supply and operate a 19 MW / 38 MWh portfolio of six energy storage sites that will contribute to the Solar Massachusetts Renewable Target Program and be active in ISO-New England wholesale markets.

Renewable sources of energy such as wind or photovoltaic are intermittent. The production peaks do not necessarily follow the demand peaks. Storing green energy is therefore essential to moving away from fossil fuels. The energy produced by photovoltaic cells is stored during the day and by wind-power when the wind blows to be used later on when needed.

Batteries power our lives: we rely on them to keep our cell phones and laptops buzzing and our hybrid and electric cars on the road. But ever-increasing adoption of the most commonly used lithium-ion batteries may actually lead to increased cost and potential shortages of lithium - which is why sodium-ion batteries are being researched intensely as a possible replacement. They perform well, and sodium, an alkali metal closely related to lithium, is cheap and abundant.

Energy storage system manufacturer Dynapower has announced its involvement with a new energy storage financing program. Partnering with Lease Corporation of America, Dynapower will offer financing to system integrators and energy storage system buyers.

Corporations are buying up batteries and investing in their companies like it’s going out of style.

Recent battery plant blazes and a hydrogen station blast have again raised questions about the safety of energy storage technologies.

There’s no shortage of ideas for supporting renewables on Capitol Hill. Gridlock has experts doubtful of near-term progress.

The Southern Company-owned utility’s larger-than-expected storage rollout points toward a big new market in the Southeast.

Europe’s battery manufacturing capacity is on the cusp of dramatic growth, though much of the investment and know-how are coming from Asian companies.

Worldwide investments in clean energy projects have hit a six-year low. Global spending totaled $117.6 billion in the first half of 2019, down 14% from a year earlier and the least since 2013, according to a report by BloombergNEF. Investments slowed in all three major markets -- the U.S., Europe and China -- but China’s decline was especially pronounced as the country continued its shift away from subsidies for solar and wind power.