sonnen secures $85 million in growth capital and gains new partners in creating the future of energy
sonnen's new financing enables the company to continue its dynamic growth and promote its vision of a clean, decentralized and connected energy future.
Michael McDonald for OilPrice.com: In the future, when investors look back at the year that represented the turning point for clean energy, 2016 may be it. The industry overall is growing at a breath-taking pace, but perhaps not for the reason that some investors think. Energy storage rather than solar power and wind power are the real factors that are driving a revolution across the electrical power industry. Energy storage changes the equation, not only in the renewables space, but in the conventional utility space as well. The concepts of spin/non-spin reserve costs, peaker prices, and a variety of other conventional concerns for utilities, lose meaning in the context of efficient and cost-effective energy storage. While energy storage was available previously, it’s only today that costs are coming down substantially. Tesla’s economies of scale on battery storage are well-known, but small start-ups like Orison are finding ways to lower costs in innovative ways as well. The graphic below from a recent EPRI presentation highlights the role that multiple layers of costs savings can play in creating economical battery storage. Cont'd...
SUNCNIM has Raised €60 Million to Finance the World's First Fresnel Renewable Energy Thermodynamic Power Plant with Energy-Storage Capacity
"The plant will be the world's first in terms of technology. Designed to be eco-friendly and 100% recyclable, it will employ SUNCNIM technology using "Fresnel mirrors". The thermal energy produced will be stored and converted into electricity via a steam generation process", explains Roger Pujol, SUNCNIM's Chairman.
The Solar Energy Industries Association (SEIA) has officially launched two working groups that will be open to the entire association's membership.
ESNA Innovation Award Winning DC Fast Charging Project Driven by Ideal Power's 30kW Battery Converter
IPWR powers ESNA Award-winning project
Energy Storage for utilities, C&I, and EV fast-charging is corporate focus
The 2MW/ 3.9MWh storage project will power critical facilities during outages and provide economic benefits to the town of Sterling, Massachusetts.
Advanced Storage + Solar project to provide extended, durable energy security to U.S. Navy Base.
Powerstorm Energy Storage Solutions (ESS) Provides Update on Company Progress and the Development of Their zeroXess Technology
The company continues to feverishly build their complete, next-generation, renewable, solar-powered energy storage and communication system for rural, off-grid homes in emerging markets.
The integration of AutoGrid Flex™ with sonnenBatterie energy storage systems enables energy project developers to fully monetize the flexible capacity of distributed energy resources, maximizing project ROI
Fluidic Energy Unveils its First Residential Energy Storage Unit, Hosts Commissioner on Tour of Facility as Arizona Continues Solar Leadership Efforts
The unit is the first to be deployed in North America amid the company's continued global expansion of its game-changing rechargeable, long duration Zinc-air energy storage technology.
Modular microgrid offers scalable, containerized solution for easy transport, fast and safe installation and commissioning
The Fraunhofer Institute for Solar Energy Systems ISE in Germany and the U.S. Department of Energy's National Renewable Energy Laboratoratory NREL will collaborate on Hydrogen and Fuel Cell Research
The official launch will be Monday October 10, 2016 at the WORLD OF ENERGY SOLUTIONS in Stuttgart. Under this MOU, hydrogen and fuel cell technology experts from Germany and the United States will collaborate closely on research and development (R&D) activities to accelerate progress in these fields.
The largest gathering of storage companies in North America is set to take place at Energy Storage International (ESI) Conference and Exhibition co-located in 2017 with Solar Power International (SPI).
There is only one place in North America where more than 18,000 attendees, and over 650 exhibitors gather from across the world to bolster the burgeoning solar market. North America's largest solar conference and exhibition, Solar Power International (SPI), did just that.
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