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Ameresco to supply 537 MW/2 GWh battery storage to support California grid

Ameresco to supply 537 MW/2 GWh battery storage to support California grid

Renewable energy asset developer Ameresco will supply Southern California Edison with three battery energy storage systems totaling 537 MW/2 GWh to provide resiliency to the grid.
$2.75B Northvolt deal highlights record capital year for battery storage so far

$2.75B Northvolt deal highlights record capital year for battery storage so far

Overall, nearly $14 billion was raised to fund or acquire startups in the battery storage, smart grid and energy efficiency sectors, according to Mercom.
DoE aims to increase the lifespan of solar plants from 30 to 50 years

DoE aims to increase the lifespan of solar plants from 30 to 50 years

The US Dept. of Energy has announced funding for research and development of technologies that can help increase the lifespan of solar energy power plants.
Joint venture targets ‘vast potential’ of U.S. floating offshore wind market

Joint venture targets ‘vast potential’ of U.S. floating offshore wind market

A joint venture between global energy giant TotalEnergies and Simply Blue Group, a developer of floating offshore wind projects, aims to capitalize on the "vast potential" of floating offshore wind projects in the U.S.
El Paso Electric, Mitsubishi Power collaborating on decarbonization plans

El Paso Electric, Mitsubishi Power collaborating on decarbonization plans

Texas-based utility El Paso Electric has signed an agreement with Mitsubishi Power to develop renewable energy and storage projects that can contribute to the utility’s target of carbon neutrality by 2045.
Energy giants launch ‘world’s largest’ clean hydrogen infrastructure fund

Energy giants launch ‘world’s largest’ clean hydrogen infrastructure fund

Global energy companies TotalEnergies and Air Liquide have partnered with French construction firm VINCI and a group of international companies to launch what they are calling the world’s largest clean hydrogen infrastructure fund.
PJM: Offshore wind and renewable targets could require $3.2 billion in grid upgrades

PJM: Offshore wind and renewable targets could require $3.2 billion in grid upgrades

A new study by PJM estimates that up to $3.2 billion in grid upgrades could be needed to support offshore wind and states' renewable energy targets in the region by 2035.
Coast Guard announces first solar+storage microgrid project

Coast Guard announces first solar+storage microgrid project

The U.S. Coast Guard will build its first battery energy storage system with its also first-time microgrid at a training center in California.
5 largest solar VC deals so far in 2021

5 largest solar VC deals so far in 2021

Corporate funding of the solar industry -- including venture capital, public market, and debt financing -- increased 190% globally through the third quarter of 2021, according to new analysis by Mercom Capital Group.
The cost of cutting Biden’s key climate program

The cost of cutting Biden’s key climate program

Stripping the Clean Electricity Performance Program from a historic climate bill being considered by Congress would eliminate more than a third of potential emissions reductions, new analysis shows.