energy storage

Japanese company NEC is about to gradually phase out its grid-level energy storage business. According to reports, the COVID-19 pandemic has put a major dent in NEC’s sales plans, leading the company to terminate the operations of its NEC Energy Solutions business unit. ...  more

ecoLinx product line expanded to include a 30 kilowatt-hour system suitable for larger homes and extended energy resiliency. sonnen announces the launch of the ecoLinx 30 intelligent energy storage system, providing a new, lar...  more

Statkraft AS, a major energy company owned by the Norwegian government, signed a hybrid power purchase and optimization agreement with Warrington Renewables (York) Ltd. on May 28. This deal will allow Statkraft to manage a solar and storage project owned by Warrington Renewables, which is an entity under the Warrington Borough Council. ...  more

Form Energy, invested by Bill Gates, co-founder of Microsoft, is about to realize the next generation of prolonged battery energy storage technology by having signed a contract with Great River Energy, the second largest power company in Minnesota, on developing a 1MW/150MWh pilot power plant, which claims to store electricity for a much longer period of 150 hours in contrast to the existing lithium battery power plants. ...  more

There might just be additional purposes for abandoned drilling platforms and pits. Scottish startup Gravitricity is planning to construct a 250KW gravity energy storage pilot plant in Leith of Edinburgh, which utilizes weight potential energy to invigorate generators to generate power and store further excessive local renewable energy. ...  more

Technavio has been monitoring the residential solar energy storage market and it is poised to grow by $26.59 bn during 2020-2024, progressing at a CAGR of about 37% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. ...  more

WindRiver Power Corporation is pleased to announce that TC Energy Corporation has closed an equity investment in Turning Point Generation ("TPG"), a WindRiver subsidiary. TPG is the developer and 100 per cent owner of the Canyon C...  more

US, Germany, Japan and China continue to be key markets on the back of supportive regulations and incentives, finds Frost & Sullivan Despite the current COVID-19 pandemic, the medium term future for energy storage remains brig...  more

Span's smart panel brings greater resiliency to homes with increased flexibility when the power goes out and real-time energy monitoring plus controls. Span, the rising smart panel company led by executives and lead engineers from...  more

Azelio has signed a Memorandum of Understanding (MoU) with the Chilean company Industria Mecánica VOGT S.A. (VOGT) to assess energy storage projects for the mining industry in Latin America on April 20. Image by hangela from Pi...  more