AES and Mitsubishi Corporation Start Construction on India’s First Grid-Scale Energy Storage System for Tata Power-DDL

on January 23, 2018

businesswireNEW DELHI–(BUSINESS WIRE)–AES India, a subsidiary of The AES Corporation (NYSE:AES), and Mitsubishi Corporation today started construction on India’s first utility-scale energy storage system, a 10 megawatt (MW) solution that will serve the electric grid operated by Tata Power Delhi Distribution Limited (Tata Power-DDL). AES and Mitsubishi Corporation will own the Advancion storage solution, which is being supplied by Fluence. The solution is being deployed in Rohini, Delhi at a substation operated by Tata Power-DDL. Once completed later this year, the 10 MW solution will enable better peak load management, add system flexibility, and enhance reliability for more than 7 million customers in the Delhi region.

Fluence, an energy storage technology and services company owned by Siemens and AES, will supply its Advancion technology platform for the project. Tata Power-DDL and its customers will benefit from Fluence’s proven and industrial-strength storage technology, which was designed for long-term dependability. Fluence brings more than a decade of grid-scale battery-based energy storage experience to the project, with nearly 500 MW deployed or awarded across 15 countries.

“AES has always been an innovative company, providing safe, reliable and affordable energy to the markets we serve. The deployment of cutting-edge energy storage technology in India shows the commitment we have to the country. Adding Fluence’s Advancion energy storage solution will allow us to continue to contribute to the modernization and enhancement of the electricity system in India,” said Mark Green, President of AES’ Eurasia Strategic Business Unit.

“Tata Power-DDL has introduced several firsts in the distribution sector and implemented various smart grid technologies. We are privileged to implement India’s first utility-scale storage solution in collaboration with AES and Mitsubishi Corporation. The first of its kind system will help to create a business case for the deployment of storage in India, to address challenges in the areas of peak load management, system flexibility, frequency regulation and reliability on the network. This project will provide a platform to demonstrate energy storage as a critical distribution asset and help to balance distributed energy resources, including rooftop solar,” said Mr. Praveer Sinha, CEO and Managing Director, Tata Power-DDL.

India’s renewable energy sector is experiencing remarkable growth and India recently expanded its renewable energy target to 175 gigawatts of solar and wind generation by 2022. Deploying energy storage will help network operators mitigate solar and wind resources’ variability and reduce congestion on the region’s transmission system, delivering more affordable, clean energy and enabling new sources of revenue from frequency regulation and other grid services.

“We are happy to have the opportunity to work alongside Tata Power-DDL and AES in launching this emerging and critical technology in India. Together with our partners, we look forward to demonstrating different applications in which battery-based energy storage can add value for both the power grid and the people of India,” said Tsunehiro Makabe, General Manager of Mitsubishi Corporation’s Environmental Energy Business Department.

“The Fluence team has delivered the first grid-scale battery-based energy storage systems in ten countries over the last decade, and we are proud to continue that trend in India in partnership with AES, Mitsubishi Corporation and Tata Power-DDL,” said Stephen Coughlin, CEO of Fluence. “With our Advancion platform, Tata Power-DDL will be adding a valuable new resource for flexibility, reliability and efficiency in its system.”

The deployment of its first grid-scale energy storage represents the latest step forward in modernizing India’s power system and improving grid efficiency. AES, Mitsubishi Corporation, Tata Power-DDL and Fluence look forward to demonstrating the benefits of battery-based energy storage to India and its government with this groundbreaking project.

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BusinessWireAES and Mitsubishi Corporation Start Construction on India’s First Grid-Scale Energy Storage System for Tata Power-DDL

BYD to Supply Batteries to Energy Storage Leader Green Charge

on October 19, 2017

businesswireSANTA CLARA, Calif.–(BUSINESS WIRE)–Green Charge, an ENGIE Company, today announced that BYD is now supplying batteries to Green Charge. Green Charge’s first installation of BYD batteries will be for the recently announced six-megawatt-hour system adjacent to ENGIE’s Mt. Tom Solar farm to serve Holyoke Gas & Electric in western Massachusetts. Designed to optimize intermittent solar energy and contribute to rate stabilization for Holyoke Gas & Electric customers over the next 20 years, this energy storage project will be the largest utility-scale energy storage installation in Massachusetts. To date, BYD has installed more than 550 MWh of energy storage systems worldwide.

“BYD has a proven track record with product at scale production,” said Vic Shao, CEO at Green Charge. “Our first installation of utility-scale energy storage with Holyoke Gas & Electric is an extremely important milestone not just for Massachusetts but for customers benefiting from reduced utility capacity costs all while reducing stress on the HG&E grid system.”

Green Charge is the number one energy storage company as named by Navigant Research. Green Charge develops turnkey grid scale energy storage projects and has a strong history of developing commercial and industrial projects.

“We are pleased that BYD was chosen by Green Charge as its trusted partner for this project with Holyoke Gas & Electric based on our global expertise in battery technology and energy storage,” said Micheal Austin, BYD Vice President. “BYD has led the charge to improve the way we power our communities, and we will continue to lead as the only storage supplier that not only manufacturers rechargeable cells, but also the bi-directional inverters integrated in grid-tied containerized systems. BYD is helping make the transition to renewable energy possible.”

As one of the world’s leading new energy technology companies, BYD has shipped approximately 1-GW worth of solar modules in the U.S and has captured nearly 50-percent market share in the frequency regulation energy storage market – or about 25 percent of the entire American energy storage market. In addition, BYD is the largest consumer electric vehicle and electric bus manufacturer in the world.

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BusinessWireBYD to Supply Batteries to Energy Storage Leader Green Charge

Developments in Energy Storage, Capacitors, Superconductors & Tidal Energy – Focus on Advances in Lithium-ion Batteries – Research and Markets

on May 20, 2017

businesswireDUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Developments in Energy Storage, Capacitors, Superconductors, and Tidal Energy” report to their offering.

This TOE focuses on advances in lithium-ion batteries, tidal energy, and advanced materials for superconducting applications. It emphasizes on innovations in dielectric material for high-power applications and advanced power factor correction capacitors. The TOE also provides brief insights on the recent developments in solid state batteries and solar energy storage solutions.

The Energy and Power Systems (EPS) TechVision Opportunity Engine (TOE) provides insights on the latest advances in the broad range of technology related to the energy industry. The topics regularly presented range from energy storage technologies (batteries, fuel cells, flywheels and other advanced energy storage devices) to non-renewable energy such as oil and gas. Special emphasis is given to emerging areas in the renewable sector such as photovoltaics, wind energy, and geothermal energy, and emerging alternative fuels such as hydrogen, syngas, ethanol and biofuels. The EPS TOE keeps clients abreast of the latest R&D developments at major corporate and academic research centers, provides competitor intelligence and helps create strategic alliances.

The Energy and Environment cluster provides global insights and intelligence on a wide variety of disruptive emerging technologies and platforms ranging from energy storage, advanced batteries, solar and wind energy, to unconventional oil, bioenergy, geothermal energy, and energy transmission.

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BusinessWireDevelopments in Energy Storage, Capacitors, Superconductors & Tidal Energy – Focus on Advances in Lithium-ion Batteries – Research and Markets

Alevo Unveils GB™35 Non-Flammable Energy Storage Solution

on February 1, 2017

businesswireCONCORD, N.C–(BUSINESS WIRE)–Alevo, the Energy Storage Provider, has today unveiled the GB35, a compact-Alevo GridBank delivering optimum levels of safety, robustness, reliability and lowest levelized cost of storage (LCOS). The GB35 joins the recently launched GB50 as part of a new suite of lithium-ion compact-energy storage systems (ESS) that are non-flammable and capable of extreme long life (50,000+ cycles). The GB35/GB50 systems are also capable of high power output (70 and 100 kW respectively).

The GB35/GB50 systems utilize Alevo’s patented proprietary inorganic electrolyte – Alevolyte – to ensure non-flammability and optimum reliability and safety levels. These high power and safety properties mean the GB35/GB50 systems are ideally suited for DC fast charging stations for electric vehicles, in addition to must-run critical workloads such as hospitals, data centers, mines, sensitive machinery and microgrids.

The original Alevo GridBank is one of the most in-demand energy storage systems on the market due to its use of the breakthrough, inorganic Alevolyte. The system offers unparalleled safety, high power and extreme long life, making them the perfect solution to providing multiple services to the grid to facilitate higher rates of energy efficiency, as well as a more efficient use of capital already invested in the grid infrastructure. The new, more-compact GB35/GB50 systems provide the same, industry-leading safety standards while delivering stackable ESS to meet any capacity requirement.

“We’re proud to unveil our new GB35 system which, alongside our existing GB50 system, delivers the industry’s most-advanced energy storage systems for the commercial and industrial markets,” explained Christopher Christiansen, President of Alevo Inc. “We have designed the systems with safety absolutely central to our thinking, which is why we firmly believe our GB35/GB50 systems are perfectly suited to must-run critical situations where safety is absolutely paramount.”

About Alevo

Alevo, a leading provider of energy storage is redefining energy as a developer, manufacturer and provider of grid-scale energy storage solutions featuring GridBank™ & Alevo Analytics. GridBank Lithium-Ion batteries feature a proprietary inorganic electrolyte (Alevolyte™), which is non-flammable and offers extreme long life and stability. Alevo’s vertically engineered turnkey energy storage solution can be placed anywhere on the electricity supply chain, to reduce energy waste, lower greenhouse gases and other emissions, create efficiencies and lower costs. Founded in 2009, Alevo is headquartered in Switzerland with GridBank manufacturing in the US.

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BusinessWireAlevo Unveils GB™35 Non-Flammable Energy Storage Solution

Eos Energy Storage and Siemens Launch Industry-Leading Battery Storage Solutions

on January 25, 2017

businesswireNEW YORK–(BUSINESS WIRE)–Eos Energy Storage (“Eos”) – pioneer of the safe, ultra-low cost Znyth® battery technology – today announced a partnership with Siemens to integrate, install and service energy storage solutions.

“Working with such an established energy industry leader like Siemens is an exciting step for us and the energy storage industry,” said Eos CEO Michael Oster. “By combining Eos’ cost and performance advantage with Siemens’ capabilities in system integration and project execution, we are able to offer solutions that reduce risk and complexity for the customer while setting a new benchmark for energy storage reliability and cost-effectiveness.”

The Eos Aurora® 1000│4000—a 1MW|4MWh DC battery system—is being sold today at $160 per usable kWh for the full DC system with performance guarantees supporting up to 20 years of continuous operation with minimal maintenance. Eos packages its patented Znyth® technology in a modular, pre-integrated, outdoor-rated enclosure called the Energy StackTM.

Leveraging this novel design, Eos and Siemens have jointly productized an energy storage system including AC power conversion and controls that enables modular installation and ease of maintenance, lowering cost throughout the project development cycle. This joint product offers utilities an economic alternative to conventional system upgrades, renewable energy developers a means of dispatchable hybrid power, and commercial customers load management savings paired with enhanced power quality and reliability.

“Our goal is to standardize and productize energy storage projects with focus on reliability and return on investment for the customer,” said Siemens VP Brian Dula. “This process starts with modeling and analytics to optimally size the energy storage asset and carries all the way through project implementation and performance guarantees. By offering a solution with supporting services, Siemens will help customers realize the full benefits of the Eos Aurora battery.”

Together, Siemens and Eos are able to offer energy storage solutions for a broad range of grid-connected and off-grid markets. Collaborative testing and product validation is setting the stage for MW-scale installations in the first half of 2017—including a California Energy Commission funded project with Pacific Gas & Electric (PG&E), demonstration of a behind-the-meter, commercial and industrial product at the University of California at San Diego, and a first-ever utility microgrid installation combining the Eos Aurora with on-site solar and diesel generation.

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BusinessWireEos Energy Storage and Siemens Launch Industry-Leading Battery Storage Solutions

APS, AES Bring Energy Storage to Arizona Customers

on December 8, 2016

businesswirePHOENIX–(BUSINESS WIRE)–Arizona Public Service (APS) is bringing battery-based energy storage to the desert through a 4-megawatt (MW) energy storage agreement with AES Energy Storage. The pair of 2-MW AES Advancion® energy storage arrays, which will provide enough storage capacity to power 1,000 homes, will be deployed as part of the APS Solar Partner Program (SPP) and represent AES’ first installation in Arizona.

APS’s Solar Partner Program studies the use of smart inverters and energy storage to examine how best to integrate solar onto the grid in areas with a high penetration of solar while still maintaining reliability for customers. Through SPP, more than 1,500 customers had photovoltaic rooftop solar panels, totaling 10 MW, installed on their homes at no charge, and receive a $30 monthly bill credit for the next 20 years for their participation. The information APS gains from this study will help craft what the future of renewable energy integration looks like for utilities across the country.

“The best renewable energy is the type a customer never thinks about. A light goes on, a load of towels gets washed and life goes on as reliably as ever before, all powered by the sun,” said Scott Bordenkircher, APS’s director of technology innovation. “This is the future APS looks toward as it studies energy storage.”

The two Advancion battery arrays will be installed in Surprise and Buckeye, which have a total of 120 SPP customers and a high penetration of solar. The batteries will deliver energy to customers at the time of day when electricity is in the greatest demand and is most expensive. By bringing energy storage to these areas, APS can maintain reliable service for solar customers, even when the sun is down and solar panels are no longer producing power.

APS anticipates Arizona’s energy needs will be approximately 25 percent higher by 2025. The company plans to meet 50 percent of that growth with renewable energy and energy efficiency. Through SPP and other groundbreaking pilot programs, APS is taking the lead in Arizona’s deployment of energy storage, advanced inverters, and other controllable resources to manage peak demand better, minimize CO2 emissions, and solve renewable integration challenges for the benefit of all of APS’s customers.

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BusinessWireAPS, AES Bring Energy Storage to Arizona Customers

Eos Energy Storage Assembles World-Class Advisory Board to Support Global Business Expansion

on December 6, 2016

businesswireNEW YORK–(BUSINESS WIRE)–Eos Energy Storage (“Eos”) – pioneer of the safe, ultra-low cost Znyth® battery – today announced a number of appointments to the company’s Advisory Board. The advisors will lend strategic guidance as Eos transitions to become a customer-facing product company and will help to expand commercialization of Eos’ innovative energy storage technology globally and in markets beyond utilities –including commercial, industrial, and military applications.

Newly appointed Advisory Board members include:

  • Steven Chu, former U.S. Secretary of Energy, American physicist and Nobel Laureate, and former Director of the Lawrence Berkley National Laboratory
  • Jerry Yang, Founding Partner of AME Cloud Ventures, co-founder of Yahoo! Inc.
  • Lawrence H. Summers, former U.S. Secretary of the Treasury, former Director of the U.S. National Economic Council, and currently Charles W. Eliot University Professor and President Emeritus of Harvard University
  • General Wesley Clark, retired U.S. Army General and Commander of NATO
  • James Kelly, former Senior Vice President of Transmission & Distribution at Southern California Edison, having responsibility for operation and maintenance of over 12,000 miles of transmission, 900 substations, and 100,000 miles of distribution lines spread across a 50,000-square-mile service area

With the support of this expert Advisory Board, Eos is now delivering safe, robust and cost-effective energy storage solutions to major utilities around the world and is quickly establishing itself as the global energy storage cost leader. The company’s core product –the Eos Aurora® 1000│4000 – is a 1MW|4 MWh DC battery system utilizing Eos’ aqueous, zinc hybrid cathode (Znyth) technology. The Eos Aurora is currently being sold at a volume price of $160 per usable kWh for the full DC system with performance guarantees providing up to 20 years of continuous operation with limited maintenance. Eos’ solution allows utilities to optimize capital allocation, increase utilization of grid infrastructure, and provide more reliable service to customers at lower cost.

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BusinessWireEos Energy Storage Assembles World-Class Advisory Board to Support Global Business Expansion

Stem becomes first energy storage provider to meet crucial reliability and rerformance requirements for Southern California Edison

on November 24, 2016

businesswireAchieves numerous industry firsts based on diversity of systems, customers, and experience deploying and controlling systems.

Solidifying its position as the leading provider of intelligent energy storage, Stem, Inc. announced that it was the first customer-sited energy storage developer to help Southern California Edison (SCE) meet local grid reliability needs.

Leveraging a relationship with SCE through the utility’s Local Capacity Requirements (LCR) procurement, Stem became the utility’s first energy storage partner to bring online some of its systems that will be used to deliver flexible capacity in Southern California. The fleet includes North America’s largest indoor energy storage system (1.3 MW) at Park Place in Irvine, systems at John Hancock Insurance—also 1 MW—and Soka University in Aliso Viejo. On November 9, 2016, Stem dispatched its fleet to meet SCE’s demonstration test requirement in the LCR program as part of preparations to meet regional winter energy needs.

“The systems Stem has installed represent another step forward in our plans for a modernized grid that will enhance reliability and lower greenhouse gas emissions,” said SCE Vice President for Energy Procurement and Management Colin Cushnie.

In another industry first, Stem aggregated and deployed indoor and outdoor systems featuring three types of batteries and inverters at multiple sites for a diverse set of customers. The successful dispatch of capacity makes these systems the first distributed energy resource of its kind to be integrated into any of SCE’s demand response programs.

“This further demonstrates that Stem is building and operating the largest digitally-connected energy storage network and using world-class analytics to optimize the value of customers’ energy assets to deliver grid services,” said John Carrington, Stem’s CEO. “Our customers can begin saving money from day one and contribute to local reliability from these big, customer-sited systems.”

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BusinessWireStem becomes first energy storage provider to meet crucial reliability and rerformance requirements for Southern California Edison

Green Charge and REC Solar Announce Sonoma County’s Largest Commercial Solar-Plus-Energy Storage Project

on November 16, 2016

businesswireSANTA CLARA, Calif. & SAN LUIS OBISPO, Calif.–(BUSINESS WIRE)–Green Charge and REC Solar today announced plans to build the largest commercial solar-plus-energy storage project in Sonoma County.

Green Charge’s one megawatt (MW) commercial energy storage system paired with REC Solar’s solar system will be installed at SOMO Village in Rohnert Park, Calif. The combined solar-plus-storage system is expected to deliver more than $160,000 savings to SOMO Village in the first year and more than $1.8 million over the first 10 years of operations.

SOMO Village is a mixed-use development with approximately 600,000 sf of commercial space with 50 businesses employing around 1,000 people. The property consumes nearly six MW of energy annually and redevelopment plans include a host of shops, apartments, homes and neighborhoods. SOMO Village currently has existing solar systems onsite, which are now expanded to bring the total to 16,000 solar panels at the 200-acre campus, creating Sonoma County’s largest solar-plus-storage project.

SOMO Village was the first development in North America to be named a “One Planet Community” by Bioregional, an organization that works with partners to champion a better, more sustainable way to live, work and do business. Bioregional’s One Planet Living framework uses ecological and carbon footprinting as its primary guiding principles. The principles are based on ten criteria, including zero carbon emissions.

“SOMO Village is a leader in renewable energy adoption,” said Alan Russo, senior vice president of sales and marketing at REC Solar. “We are proud to be their energy partner and to work alongside the Green Charge team to maximize the impact of their solar investment.”

Commercial and industrial organizations such as SOMO Village are increasingly adding energy storage to decrease their dependence on a centralized electrical grid and to augment the economic benefits of their solar systems. Rocky Mountain Institute found that the increase in solar photovoltaic (PV) self-consumption due to the addition of energy storage has a value of about $25 per kilowatt-year and that demand charge reduction could be worth as much as $200 per kilowatt-year. With solar-plus-storage, businesses can consume all the solar power they produce rather than feeding it back to the grid. This lowers demand charges, offsets energy purchases and reduces utility bills.

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BusinessWireGreen Charge and REC Solar Announce Sonoma County’s Largest Commercial Solar-Plus-Energy Storage Project

Lithium Ion Batteries Account for 83 Percent of Newly Announced Energy Storage System Capacity, According to Navigant Research

on November 10, 2016

businesswireBOULDER, Colo.–(BUSINESS WIRE)–A new report from Navigant Research examines global energy storage projects, providing a database of more than 1,200 projects encompassing more than 43,000 individual systems, with an analysis of regional technology choices and market shares.

Market activity in the energy storage sector continues to grow, with new project announcements occurring routinely and industry players exploring innovative business cases to make energy storage systems (ESSs) profitable. Nearly two gigawatts (GW) of new ESSs have been announced in 2016 so far, and several projects have reached commercial operation this quarter alone. Click to tweet: According to a new report from @NavigantRSRCH, lithium ion (Li-ion) batteries remain the leading energy storage technology for new projects worldwide (excluding pumped hydro storage), accounting for 83 percent of newly announced ESS capacity through 3Q 2016.

“While Li-ion leads in terms of technology, distributed energy storage systems (DESSs) are becoming increasingly popular in several regions, accounting for around 14 percent of new system capacity announced in 2016—the highest percentage of any year on record,” says Ian McClenny, research associate with Navigant Research. “DESSs are generally much smaller than utility-scale systems and are expected to thrive as they become more cost-effective and productized, leading to more streamlined installation and opening new markets.”

Projects using flow batteries and hybrid battery systems are also becoming more popular, according to the report. These systems are advantageous in that they can provide multiple services to the grid based on dynamic conditions and specific requirements.

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BusinessWireLithium Ion Batteries Account for 83 Percent of Newly Announced Energy Storage System Capacity, According to Navigant Research