E.ON Climate & Renewables North America is to build a 10MW battery energy storage facility with a 2MW solar array in collaboration with Arizonan utility Tucson Electric Power (TEP). The Iron Horse Battery Energy Storage Project is expected to be completed in the first half of 2017.
The grid-scale facility will provide frequency response and voltage control, and will be situated adjacent to the University of Arizona’s Science and Technology Park, southeast of Tucson.
Click Here to Read Full Article
read more
The economic viability of commercial and industrial energy storage will grow rapidly in the United States over the next five years as storage costs continue to fall, according to a new
The energy storage market is one of the most exciting and fastest growing new industries in the utility space right now. The market grew by several hundred percent last year, and it looks likely that it will grow by a similar amount again this year.
In its latest report,
Shortly after announcing a
It’s a busy time for corporate deals in the energy sector. Multibillion-dollar mergers are happening across the
The sun doesn’t always shine, the wind doesn’t always blow and the water doesn’t always flow when people want it to. Thus, the problem for renewable energy — if the sun, wind and water become America’s main sources of power, how will the grid function when those sources aren’t generating?
Investment in grid-level energy storage is expected to triple over the next five years, with a multitude of players delivering a wide variety of technologies, each with its own benefits and drawbacks.