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Grid Scale

The grid needs $14T to support full decarbonization

At least $14 trillion needs to be invested in the grid worldwide by 2050 to support an evolved power system, according to BloombergNEF's new Power Grid Long-Term Outlook 2021 published this week. The transition to electric heating and...

Madison Gas and Electric seeks approval to invest in solar and storage

Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, is seeking approval from the Public Service Commission of Wisconsin (PSCW) to purchase solar...
EIA_storage

Pumped storage hydro, utility-scale batteries return about 80% of the electricity they store

Pumped-storage hydroelectric facilities in the U.S. operated with an average monthly round-trip efficiency of 79%, and the utility-scale battery fleet operated at 82%, according to 2019 data from the U.S. Energy Information Administration (EIA). Round-trip efficiency is...

AES details $154M financing for sPower’s Luna Storage project in southern California

AES Corp. announced that a recently acquired subsidiary has closed on $154.2 million in debt financing for 400-MWh energy storage project in Los Angeles County. sPower had closed on the funding for Luna Storage late...
Solar Panels with Clouds

Developer NTE Energy has a 5-GW pipeline of solar and storage projects

NTE Energy said on Tuesday that it plans to develop more than 5 GW of clean energy projects in the next five years. The company is currently working with investment partners to advance development...

50-MW Eolica Coromuel wind farm to get battery storage to help meet code requirements

The technology group Wärtsilä said last week that it has been contracted to provide a project-critical energy storage system for the 50-MW-Eolica Coromuel, S. de R. L (ECO) Wind Farm in La Paz, Mexico....

Kelly Speakes-Backman appointed to leadership position in US government

The U.S. Department of Energy (DOE) last week announced new Biden-Harris Administration senior leadership appointees. The new leaders will direct policy at DOE, coordinate across the Administration, and enact President Joe Biden’s vision for...

Californians to benefit from 400-MWh AES battery system

The AES Corporation said today that it has commenced operations of the Alamitos battery energy storage system (BESS), which it says is one of the world's largest battery storage systems in operation at the...
Offshore Wind on Coast

Report: An additional 20GWh of battery storage could significantly reduce wind power curtailment in...

New analysis from LCP’s Energy Analytics team highlights how rapidly scaling up battery storage capacity in Great Britain is key to avoiding large volumes of renewable energy wastage and providing clean energy to power...

New JV that includes French giant Total will develop 1.6 GW of solar and...

Total and174 Power Global, a wholly owned Hanwha Group affiliate, announced that they have signed an agreement to form a 50/50 joint venture (JV) to develop 12 utility-scale solar and energy storage projects with 1.6...