SolarCity, Using Tesla Batteries, Aims to Bring Solar Power to the Masses
SolarCity—a company that’s grown quickly by installing solar panels for free and charging customers for the solar power—announced a new business that will extend that model to providing batteries for free, too. SolarCity is a rare success story for investors in clean technology, and its business model has sped the adoption of solar panels.
The batteries could help businesses lower their utility bills by reducing the amount of power they draw from the grid. They could also help address solar power’s intermittency, which could prevent it from becoming a significant source of electricity. The batteries are being supplied by Tesla Motors, whose CEO, Elon Musk, is SolarCity’s chairman.
Other solar companies have failed in recent years. But SolarCity’s business model has helped it grow quickly. It had a successful IPO a year ago, and its stock price has risen from its IPO price of $8 to over $50 today.
CEO Lyndon Rive says that eight years from now, the company might not be able to continue selling solar panel systems unless it packages them with batteries, because of the strain on the grid that solar power can cause. “It could be that, without storage, you won’t be able to connect solar systems to the grid,” he says.
Ballard Signs MOU with Van Hool For Further Zero Emission Fuel Cell Bus Deployments
Ballard Power Systems has announced the signing of a non-binding Memorandum of Understanding (MOU) with Van Hool NV, Europe's fourth largest bus manufacturer, in support of the manufacture and further deployment of zero emission fuel cell buses.
SMA America Production Welcomes General Manager of U.S. Technology
Michael Mendik to Oversee SMA's North American System Technology for Large Applications
SolarReserve Expands International Development Activities into Australia
SolarReserve opens an office in Perth, offering unique, reliable solar energy solutions that will benefit Australia's mining sector and the environment
renewz and PowerStream Launch Innovative Micro Grid Project
Rapidly-deployed solar canopy forms critical part of next generation smart-grid energy. Combined approach includes electric vehicle charging, natural gas, wind, and storage.
U.S. Army launches fuel cell testing with General Motors
Celebrates Cooperative Research and Development Agreements
Strike prices show solar on track to compete with fossil fuels
Support levels post 2015 higher than STA requested
Mid-sized solar schemes (sub-5MW) still excluded
Key details still to be resolved
ReliOn Launches Enhanced E-200 Fuel Cell System
Addressing Low Power Projects for Railroad and Telecommunications Customers
Injection of Hydrogen into the German Gas Distribution Grid
The first ever plant to convert electricity into hydrogen and subsequently inject the hydrogen into the German gas distribution network.
Business Review selects Siemens wind turbine rotor blade for Innovation in Renewable Energy Award
Clean Technology Business Review has declared Siemens' wind turbine rotor blade the winner of the ‘Innovation in Renewable Energy' Award.
ABB's Microgrid Control Technology Enables Greening of Remote Island
Project allows mid-Atlantic island to boost wind capacity, incorporate
renewable energy and maintain the stability of grid
ACORE's Renewable Energy in the 50 States: Northeastern Region Report Illustrates How Large-Scale Renewable Energy Facilities are Necessary to Drive Higher Capacity
Eleven Northeastern states rank second in the nation in both solar and biomass power capacity
The University of Toledo and GEM Energy announce official start-up of 'Green Data Center'
The University of Toledo announced that the ReliaFlex Advanced Power System, installed by GEM Energy, of Walbridge, Ohio, is fully operational. The ReliaFlex system will give the University a "Green Data Center" that will significantly reduce its carbon footprint and increase electric reliability.
Hitachi Develops All-in-One Container-Type Energy Storage System
Hitachi, Ltd. announced that it has developed an all-in one, container-type energy storage system as a core energy product for ensuring the stable use of distributed renewable energy such as wind and solar power, while maintaining the power supply-demand balance. This energy storage system fuses Hitachi's electricity grid control technologies built up in the Hitachi Group and Hitachi Chemical Co., Ltd.'s battery-related expertise and will be offered as a packaged system.
In the beginning of 2014, Hitachi plans to begin a demonstration test of this energy storage system in North America. Plans call for Hitachi to reflect the results of this testing in a commercial product after verifying the commercial viability and performance of the system in the electricity trading market, or the so-called ancillary market*2 connected with maintaining the electricity supply-demand balance. Furthermore, Hitachi will examine whether to promote the system, to be named "CrystEna" (Crystal+Energy), as one of its solution businesses for expanding the transmission & distribution business in the global market.
skytron Energy's Controller Leverages 700 MWp of Solar Power for Electricity Trading
skytron energy have now started to offer this new telecontrol interface as part of their power plant control system, skycontrol.
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