CS Energy Completes Its Best Year on Record
2020 saw major milestones and expansion for the national EPC
BATTERY PACK PRICES CITED BELOW $100/KWH FOR THE FIRST TIME IN 2020, WHILE MARKET AVERAGE SITS AT $137/KWH
BloombergNEF's annual battery price survey finds prices fell 13% from 2019
Sunverge Announces Support for CIM-Based API Integration
Sunverge's advanced DER control and orchestration platform now supporting CIM standards-based integration with utility DMS, ADMS, EMS and ISO/RTO MMS systems
ClearTrace Secures $4 Million Series A Financing to Scale Verified Carbon Accounting Platform
After successful deployment with a Fortune 100 customer, ClearTrace to scale adoption of its financial technology and enhanced carbon accounting platform
DOL Finalizes Second Anti-ESG Rule
The Department of Labor today announced its final rule on Fiduciary Duties Regarding Proxy Voting and Shareholder Rights, which discourages proxy voting under Title 1 of the Employee Retirement Income Security Act (ERISA). Following is a statement from Gregory Wetstone, President and CEO of the American Council on Renewable Energy (ACORE):
New MIT Study Shows The Value of Long-Distance Transmission
Following is a statement from Tracy Warren, Director of the Macro Grid Initiative, on a new study released today from MIT researchers Patrick Brown and Audun Botterud that identifies long-distance transmission as an important enabler of a low-cost, zero-carbon power system for the United States:
LG Energy Solution Unveils World's Largest Capacity Residential Energy Storage System
New Generation of LG RESU Home Batteries Features Innovations in Performance, Scalability and Maintenance
Cornwall Insight advises Still Waters Green Technology for its 30MW flagship battery storage project
Cornwall Insight, an energy consultancy, research, and analytics company, is pleased to announce that it has advised Still Waters Green Technology (SWGT) to secure the £12m non-recourse Phase One Financial Close with Santander UK. The deal was announced in November and will see a 30MW utility-scale battery storage project built in Swindon.
EnergyHub and Enel X partner to expand EV charging as a grid resource
Through the partnership, utilities can now manage customer-owned Enel X smart EV charging stations through EnergyHub's Mercury DERMS platform, expanding the breadth of EnergyHub's EV charging solution and increasing the EV charging resources available for utilities to manage.
Blue Planet Energy Accelerates Beyond 2.5GWhs of Energy Delivered from Global Battery Installations
Company expands its premium energy storage product line, project financing offering and operational footprint in 2020
Hydro-Qu©bec launches EVLO, a subsidiary specializing in energy storage systems
These storage systems are intended mainly for power producers, transmission providers and distributors, as well as the commercial and industrial markets for medium- and large-scale storage. Their modular design means that they can be scaled to meet a wide variety of needs. EVLO systems also include power control and energy management software.
Energy storage market is evolving, with shifts in battery chemistry and system design
DNV GL's 2020 Battery Scorecard provides battery performance benchmarks crucial to investor decision-making
Saft reinforces its position in India with the launch of Saft Urja brand
• Saft Urja, Urja meaning energy in Sanskrit, is the new name replacing Amco Saft and shows the spirit of Saft and its commitment to India.
• In 2021, Saft India will increase its production capacity by 20%, enhance its work force at its design office and launch new industrial battery products for India region.
ABB synchronous condensers manage smooth grid integration for one of Australia's largest solar farms
Two ABB synchronous condensers have been installed as an integral part of the Darlington Point Solar Farm. The technology will enhance the stability of the local power grid as the penetration of renewable energy increases in a critical area of New South Wales.
7GW of battery storage projects in the pipeline across Australia
Projections from Cornwall Insight Australia show there is ~7GW of battery storage projects proposed or currently in the planning process. Of that 7GW there is just over 900MW of committed or significantly progressed storage projects set to be delivered by 2024.
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