Grid energy storage

KORE Power Names Three Potential Sites for U.S. Lithium-Ion Battery Manufacturing Facility

Retrieved on: 
Tuesday, May 11, 2021
Other Energy, Utilities, Natural Resources, Other Manufacturing, Alternative energy, Energy, Other Natural Resources, Manufacturing, Battery types, Battery electricity), Rechargeable batteries, Lithium-ion batteries, Grid energy storage, SB LiMotive, Johnson Matthey Battery Systems

b"KORE Power, Inc. announced the latest step in its plan to establish the first lithium-ion battery manufacturing facility owned by a U.S. company by narrowing its site search to locations in either Arizona, Florida or Texas.

Key Points: 
  • b"KORE Power, Inc. announced the latest step in its plan to establish the first lithium-ion battery manufacturing facility owned by a U.S. company by narrowing its site search to locations in either Arizona, Florida or Texas.
  • The one million square foot manufacturing facility will support up to 12 gigawatt hours (GWh) of battery cell production to ensure a reliable and independent U.S. supply chain for lithium-ion battery cells that are critical to the future of power grids, electric vehicles and more.
  • Founded in 2018, the company leveraged the experience of its contract manufacturing partner with more than 10 million battery cells that have been deployed by its global customer base.
  • The new manufacturing facility will add to the company's current annual production capacity of 2 GWh that we are in the process of scaling up to 6 GWh in order to serve the rapidly growing battery market.

Potomac Edison Receives Approval for Two Battery Energy Storage Projects

Retrieved on: 
Tuesday, May 11, 2021
Energy, Electric vehicles, Charging station, Electric vehicle, Thomas Edison, Articles, Alternative energy, Energy storage, Vehicle-to-grid, Grid energy storage

b'WILLIAMSPORT, Md., May 11, 2021 /PRNewswire/ --Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has received approval from the Maryland Public Service Commission for two battery energy storage projects in Allegany and Frederick counties, the latter of which will be paired with a new electric vehicle (EV) fast-charging station.\nPotomac Edison proposed the two projects in response to the state\'s Energy Storage Pilot Program, which was established in 2019 to examine new technologies that could have a transformative impact on electric distribution systems.

Key Points: 
  • b'WILLIAMSPORT, Md., May 11, 2021 /PRNewswire/ --Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has received approval from the Maryland Public Service Commission for two battery energy storage projects in Allegany and Frederick counties, the latter of which will be paired with a new electric vehicle (EV) fast-charging station.\nPotomac Edison proposed the two projects in response to the state\'s Energy Storage Pilot Program, which was established in 2019 to examine new technologies that could have a transformative impact on electric distribution systems.
  • The project will be adjacent to a new Potomac Edison electric vehicle (EV) fast-charging station at the Park and Ride Lot, located near the Interstate 270 and Route 80 interchange, and will bundle battery energy storage with EV charging.\nOwned and operated by Potomac Edison, the $1.1 million system will include a 500-kilowatt battery that provides uninterruptable electric vehicle charging and reduces the load drawn from the grid by the charging station during peak demand times.
  • Because fast-charging stations create significant demand on electric distribution grids, the bundling of the storage system with a fast charger will allow Potomac Edison to study how energy storage can help minimize the impact of such demand spikes on its distribution network.\nIn the event of an outage, the Urbana fast-charging station will be able to run off of battery-supplied energy.
  • Follow Potomac Edison at www.potomacedison.com , on Twitter @PotomacEdison , and on Facebook at www.facebook.com/PotomacEdison .\nFirstEnergy is dedicated to integrity, safety, reliability and operational excellence.

Swell Energy Offers Innovative Battery Deal to 8,000 Customers in Southern California

Retrieved on: 
Tuesday, May 11, 2021
Alternative energy, Energy, Utilities, Energy, Alternative energy, Articles, Energy conversion, Grid energy storage, Lithium-ion batteries, Solar energy, Tesla Powerwall, VPP, Renewable energy

Swell offers customers home batteries for a low fixed monthly payment and a second home battery at a reduced price when choosing Swell financing and joining Swell's VPP program.

Key Points: 
  • Swell offers customers home batteries for a low fixed monthly payment and a second home battery at a reduced price when choosing Swell financing and joining Swell's VPP program.
  • Owners can draw down stored energy when electricity is most expensive and reserve solar energy in case of a power outage.
  • Participants in Swell\xe2\x80\x99s southern California VPP programs further benefit by earning GridRevenue when consuming their stored energy in the evenings, providing much needed relief to the grid during peak times.
  • By using a battery when the utility values it most, homeowners can arbitrage both retail and wholesale energy rates and achieve an accelerated payback on their energy system.

Growatt wins TÜV Rheinland's All Quality Matters Award for its ARK battery

Retrieved on: 
Saturday, May 8, 2021
Photovoltaics, Lithium-ion batteries, Inverters, Solar inverter, Energy, Types, Rechargeable batteries, Grid energy storage

b'SHENZHEN, China, May 8, 2021 /PRNewswire/ -- Growatt\'s ARK battery achieves outstanding performance in TV Rheinland\'s PVE Test Program and wins All Quality Matters Award at Solar Congress 2021.

Key Points: 
  • b'SHENZHEN, China, May 8, 2021 /PRNewswire/ -- Growatt\'s ARK battery achieves outstanding performance in TV Rheinland\'s PVE Test Program and wins All Quality Matters Award at Solar Congress 2021.
  • The Award recognizes Growatt\'s first-rate battery energy storage solution for residential use.\n"At Growatt, our team is dedicated to product innovation and focuses on product quality.
  • The company\'s R&D team also develops its own Battery Management System (BMS) and hybrid inverter to provide multi-level protections for solar energy storage systems.\nGrowatt\'s ARK battery uses cobalt-free Lithium-iron-phosphate (LFP) materials for improved safety.
  • Growatt ranks among global top 10 PV inverter suppliers according to IHS Markit and Wood Mackenzie.

Flux Power Announces FY 2021 Q3 Financial Results & Company Update Conference Call Scheduled for May 13, 2021

Retrieved on: 
Thursday, May 6, 2021
Other Energy, Hardware, Alternative energy, Energy, Technology, Other Manufacturing, Trucking, Engineering, Air, Transport, Automotive Manufacturing, Other Technology, Manufacturing, Lithium, Grid energy storage, Matter

b'Flux Power Holdings, Inc. (\xe2\x80\x9c Flux Power \xe2\x80\x9d) (NASDAQ: FLUX ), a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, today announced that its financial results for Q3\xe2\x80\x9921 will be released before the market opens on Thursday, May 13, 2021.

Key Points: 
  • b'Flux Power Holdings, Inc. (\xe2\x80\x9c Flux Power \xe2\x80\x9d) (NASDAQ: FLUX ), a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, today announced that its financial results for Q3\xe2\x80\x9921 will be released before the market opens on Thursday, May 13, 2021.
  • Flux Power will host a conference call later that day at 4:30 PM Eastern Time to discuss its financial results and provide a company update.\nInvestors and analysts interested in joining the call are invited to dial (833) 428-8374 or (270) 240-0543 for international callers.
  • The conference ID is 7359227.
  • A recording of the conference call will be uploaded to the Flux Power website once it is available.\nFlux Power designs, develops, manufactures, and sells advanced lithium-ion energy storage solutions for lift trucks, airport ground support equipment (GSE), stationary energy storage, and other industrial and commercial applications.

Mitsubishi Power and Powin Partner to Enhance California’s Grid Reliability with Two Battery Energy Storage Projects

Retrieved on: 
Tuesday, May 4, 2021
Alternative energy, Energy, Other Energy, Utilities, Energy, Articles, Renewable energy, Energy storage, Grid energy storage, Variable renewable energy, Tesla Megapack, Mitsubishi Power Americas, Inc., Powin, LLC, MITSUBISHI POWER AMERICAS, INC., POWIN, LLC

b'Southern Power has awarded Mitsubishi Power Americas, Inc. and Powin, LLC an order for two utility-scale battery energy storage system (BESS) projects totaling 640 megawatt hours (MWh).

Key Points: 
  • b'Southern Power has awarded Mitsubishi Power Americas, Inc. and Powin, LLC an order for two utility-scale battery energy storage system (BESS) projects totaling 640 megawatt hours (MWh).
  • These projects will enhance California\xe2\x80\x99s grid reliability with additional flexible resource capacity for integrating intermittent renewable energy into the grid.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210504005317/en/\nMitsubishi Power Americas, Inc. and Powin, LLC are helping Southern Power enhance the reliability of renewable energy in California with two utility-scale battery energy storage system (BESS) projects.
  • We are proud to provide Southern Power with an energy storage solution to enhance the reliability of California\xe2\x80\x99s electric power grid.

SerEnergy to Launch Next Generation of Methanol Fuel Cells: SereneU

Retrieved on: 
Thursday, April 22, 2021
Energy, Articles, Hydrogen technologies, Energy conversion, Energy storage, Fuel cell, Hydrogen economy, Fuel, Intelligent Energy, Grid energy storage

b'STOCKHOLM, April 22, 2021 /PRNewswire/ -- A 4th generation of SerEnergy\'s fuel cell units: SereneU will now be released.

Key Points: 
  • b'STOCKHOLM, April 22, 2021 /PRNewswire/ -- A 4th generation of SerEnergy\'s fuel cell units: SereneU will now be released.
  • SerEnergy methanol based systems are drastically cutting down emissions in power generation applications.
  • In category of power supply, SerEnergy fuel cells is a reliable source of on-demand power generation for critical communication networks such as commercial telecom and security etc.
  • Fuel cells by SerEnergy can deliver DC power directly, without power loss from additional converters, providing a highly efficient energy supply.

SerEnergy to Launch Next Generation of Methanol Fuel Cells: SereneU

Retrieved on: 
Thursday, April 22, 2021
Energy, Articles, Hydrogen technologies, Energy conversion, Energy storage, Fuel cell, Hydrogen economy, Fuel, Intelligent Energy, Grid energy storage

b'STOCKHOLM, April 22, 2021 /PRNewswire/ -- A 4th generation of SerEnergy\'s fuel cell units: SereneU will now be released.

Key Points: 
  • b'STOCKHOLM, April 22, 2021 /PRNewswire/ -- A 4th generation of SerEnergy\'s fuel cell units: SereneU will now be released.
  • SerEnergy methanol based systems are drastically cutting down emissions in power generation applications.
  • In category of power supply, SerEnergy fuel cells is a reliable source of on-demand power generation for critical communication networks such as commercial telecom and security etc.
  • Fuel cells by SerEnergy can deliver DC power directly, without power loss from additional converters, providing a highly efficient energy supply.

Frost & Sullivan Examines Decade of Strong Growth in the Global Energy Storage Market

Retrieved on: 
Wednesday, April 21, 2021
Articles, Energy, Renewable energy, Resource economics, Energy economics, Energy policy, Energy storage, Lithium-ion battery, Energy development, Low-carbon economy, Draft:Battery energy storage system, Grid energy storage

Nonetheless, large-scale penetration of renewables needs additional support to ensure a fully functioning and balanced grid, and battery storage solutions are the perfect fit.

Key Points: 
  • Nonetheless, large-scale penetration of renewables needs additional support to ensure a fully functioning and balanced grid, and battery storage solutions are the perfect fit.
  • Players in the market have effectively refined their offerings to meet the needs of the mainstream market.
  • Residential battery storage systems are equipped with a sleeker design, while commercial and industrial storage solutions can be sized and optimized to meet the specific needs of the customer.
  • The total battery energy storage systems (BESS) market is forecast to reach $40 billion annually by 2030, up from $6.5 billion in 2020.\nFrost & Sullivan experts Jonathan Robinson, Energy Research Director, and Maria Benintende, Principal Analyst, invite you to join them for the Growth Opportunity briefing, "Global Energy Storage: How will Decarbonization and Decentralization Accelerate Deployment?," on April 28 at 10 a.m. EST.

Frost & Sullivan Examines Decade of Strong Growth in the Global Energy Storage Market

Retrieved on: 
Wednesday, April 21, 2021
Articles, Energy, Renewable energy, Resource economics, Energy economics, Energy policy, Energy storage, Lithium-ion battery, Energy development, Low-carbon economy, Draft:Battery energy storage system, Grid energy storage

Nonetheless, large-scale penetration of renewables needs additional support to ensure a fully functioning and balanced grid, and battery storage solutions are the perfect fit.

Key Points: 
  • Nonetheless, large-scale penetration of renewables needs additional support to ensure a fully functioning and balanced grid, and battery storage solutions are the perfect fit.
  • Players in the market have effectively refined their offerings to meet the needs of the mainstream market.
  • Residential battery storage systems are equipped with a sleeker design, while commercial and industrial storage solutions can be sized and optimized to meet the specific needs of the customer.
  • The total battery energy storage systems (BESS) market is forecast to reach $40 billion annually by 2030, up from $6.5 billion in 2020.\nFrost & Sullivan experts Jonathan Robinson, Energy Research Director, and Maria Benintende, Principal Analyst, invite you to join them for the Growth Opportunity briefing, "Global Energy Storage: How will Decarbonization and Decentralization Accelerate Deployment?," on April 28 at 10 a.m. EST.