Tag Archives: Energy Storage

Energy Storage to Significantly Lower Maryland Costs and Reduce Emissions

Preliminary findings from a report announced by the American Clean Power Association (ACP) today show that installing energy storage in Maryland could result in substantial savings for energy customers and significant emissions reductions over the next 10 years. The study, commissioned by ACP and conducted by Synapse Energy Economics Inc., contains the following findings😕 ?  The … Continue reading Energy Storage to Significantly Lower Maryland Costs and Reduce Emissions

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Jurong Island ESS advances Singapore’s ambitions for energy storage

DNV played a key role in commissioning South-East Asia’s largest energy storage system (ESS) as technical advisor. The independent energy expert and assurance provider DNV has acted as the advisor for the commissioning of the energy storage system (ESS) developed by Sembcorp Industries on Singapore’s Jurong Island. DNV ensured the completeness and proper execution of … Continue reading Jurong Island ESS advances Singapore’s ambitions for energy storage

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U.S. Energy Storage Market Continues to Expand Rapidly

Across all segments of the industry, the U.S. energy storage market installed 4.8 gigawatts (GW) of capacity in 2022, nearly equal to the combined 2020 and 2021 installed capacity of 5 GW, becoming a record year for battery storage. “Energy storage had its best year yet in 2022. Cumulative operating utility-scale storage capacity increased by … Continue reading U.S. Energy Storage Market Continues to Expand Rapidly

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Q4 2022 Shows Positive Energy Storage Growth, But Policy and Market Headwinds Slow Clean Energy Potential

The American Clean Power Association (ACP) today released its Clean Power Quarterly Market Report – Q4 2022, which shows that the U.S. wind, solar, and battery storage sectors installed a total of 9.6 gigawatts (GW) of utility-scale clean power capacity last quarter – enough to power the equivalent of 2 million American homes with affordable, … Continue reading Q4 2022 Shows Positive Energy Storage Growth, But Policy and Market Headwinds Slow Clean Energy Potential

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Exploring a New Era at ACP’s Energy Storage Policy Forum

It’s that time of the year again: the Energy Storage Policy Forum (ESPF) is almost here! As thousands of power sector policy professionals descend on Washington, D.C. this February, I’m excited to plan the second annual Policy Forum under the banner of the American Clean Power Association and my ninth  altogether since it started under … Continue reading Exploring a New Era at ACP’s Energy Storage Policy Forum

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Enel Green Power Chile began construction of a wind power project that includes a battery system for energy storage

Enel Green Power Chile, an Enel Chile subsidiary, began constructing its new La Cabana wind farm, which also incorporates an innovative energy storage system using lithium batteries (34.3 MW BESS). This new 100% clean energy generation plant, which contemplates an investment of approximately US$190 million and an installed capacity of 105.6 MW, will be complemented … Continue reading Enel Green Power Chile began construction of a wind power project that includes a battery system for energy storage

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OX2 wins auctions for solar and energy storage projects in Poland

OX2 has won auctions in Poland for a solar farm with a total installed capacity of up to 100 MW and an energy storage project with a capacity of 50 MW. Both projects are part of OX2’s portfolio and will now move forward. The solar farm that will with an installed capacity of up to … Continue reading OX2 wins auctions for solar and energy storage projects in Poland

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Acciona Energía has signed an agreement with Qcells to acquire the battery energy storage project

ACCIONA Energía has signed an agreement with Qcells, a subsidiary of the South Korean industrial group Hanwha Corporation, to acquire the battery energy storage system (BESS) project Cunningham, the largest of its kind in Texas, scheduled for commissioning in the first quarter of 2023. The deal also includes the acquisition of a portfolio of over … Continue reading Acciona Energía has signed an agreement with Qcells to acquire the battery energy storage project

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Enel Green Power Chile began construction of a wind power project that includes a battery system for energy storage

The La Cabaña wind farm, with an installed capacity of 105.6 MW and an investment of approximately US$190 million, will be in the Araucanía Region, Angol municipality. Enel Green Power Chile, an Enel Chile subsidiary, began constructing its new La Cabaña wind farm, which also incorporates an innovative energy storage system using lithium batteries (34.3 … Continue reading Enel Green Power Chile began construction of a wind power project that includes a battery system for energy storage

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TES, an energy storage technology inspired by nature

Stones that store heat, heat that generates steam, steam that expands in a machine that, in turn, generates electricity: this is an energy storage system that’s so simple it’s revolutionary – because instead of using “rare earth” minerals or raw materials that are only present in certain areas of the planet: it simply uses ordinary … Continue reading TES, an energy storage technology inspired by nature

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Half of the energy storage capacity that Enel Green Power is building is located in Italy

Half of the energy storage capacity that Enel Green Power is building is located in Italy, and it’s about to reach 2 GW. Our goal is to reach 9 GW worldwide by 2030. Batteries – and storage systems in general – are an essential tool for ensuring the continuity, reliability, and efficiency of the power … Continue reading Half of the energy storage capacity that Enel Green Power is building is located in Italy

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U.S. Grid-Scale Energy Storage Market Beats Q2 Record

The U.S. energy storage market set a new record in the second quarter of 2022, with grid-scale installations totaling 2,608 megawatt hours (MWh) – the highest installed capacity for any Q2 on record, according to a new report released today.  According to Wood Mackenzie, a Verisk business (Nasdaq: VSK), and the American Clean Power Association’s … Continue reading U.S. Grid-Scale Energy Storage Market Beats Q2 Record

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Naturgy acquires its first hybrid PV solar and energy storage project in Australia

Naturgy marks an important milestone with this project, representing its first foray in Australia into photovoltaic technology, through a hybrid PV-Battery project, which is the first one of this kind for the company worldwide.The Cunderdin project will be the largest DC-coupled solar PV and battery project to be built in Australia.The company extends its asset … Continue reading Naturgy acquires its first hybrid PV solar and energy storage project in Australia

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Concentrated solar power – one of the main energy storage methods

The concentrated solar power station (CSP station) was first developed in 2012 and operates in parallel with photovoltaic power generation. Concentrated solar power is very important to make up for the intermittency of solar power generation. Concentrated solar power can assume multiple roles of “base load power supply + regulated power supply + synchronous power … Continue reading Concentrated solar power – one of the main energy storage methods

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U.S. Grid-scale Energy Storage Market Breaks Q1 Record

The U.S. energy storage market set a new record in the first quarter of 2022, with grid-scale installations totaling 2,399 megawatt hours (MWh), the highest capacity for Q1 on record. According to Wood Mackenzie, a Verisk business (Nasdaq: VSK), and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report released today, the … Continue reading U.S. Grid-scale Energy Storage Market Breaks Q1 Record

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GE to triple its solar and battery energy storage Power Electronics capacity in 2022

GE is tripling its solar and battery energy storage Power Electronics Systems manufacturing capacity by the end of 2022 to 9 GW per annum, linked to strong growth in backlog over the past few months and a robust demand outlook. The systems are manufactured at GE’s newly launched Renewable Hybrids factory. Earlier in 2022, GE … Continue reading GE to triple its solar and battery energy storage Power Electronics capacity in 2022

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ACP hosts Energy Storage Policy Forum ahead of first-ever Clean Power on Capitol Hill event

The American Clean Power Association (ACP) will host the Energy Storage Policy Forum on Wednesday June 22nd in Washington DC. Senior administration officials, congressional leaders, and other policymakers will join industry leaders for a deep dive on energy storage policy, from state regulations and legislation to federal infrastructure investment and electricity market rule changes impacting … Continue reading ACP hosts Energy Storage Policy Forum ahead of first-ever Clean Power on Capitol Hill event

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Calls for aids for energy storage

The aids will be needed for the complete development of the energy storage necessary to achieve the energy transition objectives. This news summarises the calls for aids for storage, both open and future, within the framework of PERTE ERHA. For the development of energy storage projects, as for renewable energy projects, having financing options with … Continue reading Calls for aids for energy storage

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Which financing opportunities does energy storage have?

A stable regulation is necessary for the development of energy storage technologies that are going to be key and essential for the energy transition towards 100% renewable electricity generation. Members of MITECO will analyse the financing opportunities for these facilities in the next webinar organised by AleaSoft Energy Forecasting. Much was discussed and published about … Continue reading Which financing opportunities does energy storage have?

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Mobile battery solution supports drones in fossil-free thinning of forests

Vattenfall’s ‘Power-as-a-Service’ solutions for mobile energy storage continue to develop. Together with Uppsala-based company, AirForestry, a one-year pilot project is now underway in which drones are charged using a mobile energy storage system.’s ‘Power-as-a-Service’ solutions for mobile energy storage continue to develop. Together with Uppsala-based company, AirForestry, a one-year pilot project is now underway in … Continue reading Mobile battery solution supports drones in fossil-free thinning of forests

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