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Fund management firm Copenhagen Infrastructure Partners (CIP) has established a new fund to invest in greenfield renewable energy infrastructure primarily in Asia and Latin America, with expectations of reaching US$1 billion by the final close.
Japanese conglomerate Marubeni Corporation has invested in US-based company, GridMarket, which is focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.
C2 Energy Capital has signed off on 46 Power Purchase Agreements (PPAs) and leases with Walmart that will see the company provide renewable energy to the retailer in five US states.
Volume 19 of PV Tech Power has just hit the (digital) shelves and once again the quarterly technical journal from our publisher Solar Media includes ‘Storage & Smart Power’, the dedicated section created and curated by Energy-Storage.news.
Having bested coal generation and gas peaker plants, solar-plus-storage is now competing with gas in other parts of the generation mix.
Southern California Edison, one of the US’ top-ranking utilities for energy storage capacity already deployed, has signed contracts for seven more projects, totalling 195MW in its California service area.
US$400 million of funding pledged by New York’s state Governor Andrew Cuomo last week towards his “comprehensive climate agenda” will include US$280 million in support for energy storage.
In the latest release, Sandia has emphasised the growth in interest in behind-the-meter (BTM), customer-sited energy storage systems.
A large-scale energy storage project to be built in Texas will take advantage of the system’s flexibility to deliver multiple services, as opportunities grow in the state’s Electricity Reliability Council of Texas (ERCOT) market.
The ‘world’s first dedicated energy storage infrastructure fund’ will invest in California battery energy storage projects, with Macquarie set to sell 50% of a 340MWh tranche to the fund’s owner, SUSI Partners.
Many of the most polluting thermal power plants on the US grid today are also the most lucrative to run, but the service they provide could already be done twice as cheaply using solar and storage, developer 8minutenergy has claimed.
A large tranche of utility-scale solar – and storage – projects in Hawaii has been approved by the state’s Public Utilities Commission (PUC), each quoting a cost per kilowatt hour of US$0.10 or under.
Major US utility Florida Power & Light Company (FPL) is planning to build the world’s largest battery energy storage system adjacent to an existing solar power plant, with plans to roll out multiple other storage systems across the state.
China’s BYD has signed a deal which could see up to 100MWh of its systems deployed in Mexico as part of a distributed energy and large-scale solar buildout by finance group Pireos Capital.
A contract with utility Southern California Edison (SCE) has led to Advanced Microgrid Solutions (AMS) supplying 2GWh of grid services from just 60MWh of energy storage during 2018, with one analyst dubbing the feat an “impressive milestone”.
NextEra Resources will build a 100MW solar farm for Arkansas utility Entergy Arkansas, to include 30MW of battery energy storage, as Entergy seeks to build out solar capacity in the state.
SEIA, Wood Mackenzie: Section 201 disruption drives 7% year-on-year drop in utility solar additions even as contracted pipeline hits all-time records.
Agreements combining solar and wind to become a reality given their ability to mitigate intermittency costs, says WBCSD report.
Land acquisition, corruption and short-termism complicate scaling up solar and others with the speed required by climate change, London event hears.
Energy storage enjoyed another record-breaking year of deployments in the US in 2018, while the residential segment is now “moving beyond early adopters” and into commercial viability, a report from Wood Mackenzie Power & Renewables claims.
Enel Green Power North America has started construction on the 497MW Roadrunner solar plant in Upton County, Texas. Once completed, the installation is set to be the largest solar facility in Enel’s US portfolio and the largest solar project in the state of Texas.
A new listed-fund in the UK will float next month with the intention of raising finance for US solar projects.
Arizona Public Service (APS) has announced a plan to make solar energy dispatchable into the evening using batteries, calling for the deployment of 850MW of energy storage by 2025.
While market opportunities for energy storage in Texas are considered to be limited, the largest battery project in the state so far, a 42MWh system, has just come online.
Electricity from 100MW of energy storage facilities will be purchased by US public utility company El Paso Electric, following a competitive solicitation process.
As well as Elon Musk remarking that the company may have had its “best ever quarter” for solar since the SolarCity takeover, Tesla’s energy storage deployments have enjoyed a ramp up, while a fellow exec hinted the stationary battery business is constrained by cell supply.
The Commonwealth of Virginia’s new energy plan has called for 3GW of solar and wind installations by 2022 as well as grid modernization to handle both solar and wind totalling 5GW by 2028.
Renewable energy fund manager Copenhagen Infrastructure Partners (CIP) has started construction on two solar projects totalling 300MW(AC) in the US.
Known historically for its oil and in the present day for deploying large amounts of wind energy and latterly for deploying batteries at wind farms, the US state of Texas is less well known for solar-plus-storage projects.
US solar developer Cypress Creek Renewables has received a US$200 million investment from the Singapore-based firm Temasek.
Facebook’s Prineville Data Center in Oregon will be supported by 100% renewable energy from 437MW of new solar developments in partnership with Pacific Power, including two projects totaling 100MW in the Prineville area.
Texas IPP Vistra Energy has contracted energy storage integrator FlexGen to install a 10MW / 42MWh energy storage system (ESS) at the 180MW Upton 2 Solar Power Plant in Texas.
NV Energy has chosen US-based developer 8minutenergy Renewables to develop the 300MW(AC) Eagle Shadow Mountain Solar Farm in Clark County, Nevada, next to a retiring coal plant.
UPDATED: Oregon-based utility Portland General Electric Company (PGE) has issued a request for proposals (RfP) seeking 100 average megawatts of renewable energy capacity.
California’s recent droughts and ongoing need to economise water use have inspired more commercial energy storage at a local water board, with ENGIE Storage delivering a project for the San Diego Water Authority.
While research published this week demonstrates that the US as a whole is embracing energy storage technology, with regulator FERC's recent wholesale market ruling likely to have a "significant impact", the picture varies greatly when looking from state-to-state, an analyst has said.
San Diego Gas & Electric (SDG&E), one of California’s three main investor-owned utilities (IOUs), said this week that it will add resilience and backup capabilities to public sector buildings through the procurement of “up to 166MW” of energy storage.
While energy storage system price declines have slowed down in recent times in the US, standardisation of design and engineering will be among the key drivers in bringing down balance-of-system hardware and EPC costs.
NextEra Energy is suing the US Treasury Department for more than US$135 million claiming that it miscalculated grants owed to it for the Silver State Solar project in Nevada.
AES Distributed Energy (AES DE), a subsidiary of AES Corporation, and nonprofit transmission firm Kauai Island Utility Cooperative (KIUC) have broken ground on a 28MW solar and 100MWh five-hour duration battery energy storage system in Kauai, Hawaii.
News in brief from around the world of energy storage.
A unanimous vote taken by the US regulator FERC (Federal Energy Regulatory Commission) which would allow energy storage and other distributed energy resources to play into wholesale markets has been hailed as a “significant step” forward.
Steps taken in California to enable energy storage systems to provide multiple services and to ‘stack revenues’ are “an essential starting point” for the industry, the head of California’s Energy Storage Alliance (CESA) has said.
Canadian Solar has signed an Operations & Maintenance (O&M) agreement with Axium Infinity Solar LP for eight PV projects that have a combined generation capacity of 105.5MW. The firm has also announced commercial operation of a 19.1MW PV project in Japan.
Utility-scale power company Intersect Power has been awarded a power purchase agreement from Austin Energy for a 150MW PV project in Texas that is expected to reach commercial operation in 2020.
Clean Focus Yield Limited and its affiliates have purchased Greenskies Renewable Energy — making Clean Energy the owner and operator of the largest commercial and industrial (C&I) portfolio in the US.
The Austin City Council has approved a new agreement with Austin Energy that will see the utility company deliver enough renewable energy to the grid to meet the needs of more than half of its customers by 2020.
The solar investment tax credit (ITC) has survived a major round of tax reform in the US but demand for credits generally could fall.
StuyTown Property Services (SPS), the manager of Manhattan’s largest residential property, will install a 3.8MW PV energy system across the eight hectares of rooftops of Stuyvesant Town and Peter Cooper Village.
Netherlands-based pension fund Stichting Pensioenfonds ABP has agreed to invest over US$384 million in three PV projects in the US, with the trio of installations representing a combined generation capacity of 858MW.