Mercom: Storage systems, flow batteries raised quarter of a billion dollars VC funding in a year

on May 4, 2016

Energy Storage NewsTexas-headquarted Mercom Capital Group recently released its Q1 2016 funding and M&A report for energy storage, smart grid and energy efficiency sectors. Mercom’s CEO and co-founder Raj Prabhu discussed the energy storage trends tracked in this quarter with Energy-Storage.News, especially in light of the drop in venture capital funding this quarter.

California’s Sunverge Energy secured most of the venture capital (VC) funding for its storage systems, taking about US$36 million out of the US$54 million that was raised over 10 deals. Sunverge is continuing its winning streak; having recently partnered with AGL, Australia’s biggest utility, which invested US$20 million in the company as part of its climate change initiative funding. 

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Energy Storage NewsMercom: Storage systems, flow batteries raised quarter of a billion dollars VC funding in a year

Top 10 solar module manufacturers in 2015

on May 4, 2016

PVTechThere should be no surprises regarding the top five ranked PV module manufacturers in 2015, as they form the backbone of the key six-member ‘Silicon Module Super League’ (SMSL), which PV Tech highlighted in late November 2015.

The Top 10 PV module manufacturers list for 2015 is based on actual module shipments through the first nine months of last year and guidance figures as well as detailed analysis of over 45 leading manufacturers’ expected shipments for the full year.  

One of the challenges in assessing module shipments of the top 10 producers last year was the rapidly deteriorating business position of SMSL member, Yingli Green. 

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PV-TechTop 10 solar module manufacturers in 2015

US Senate Recognizes Hybrid Microgrids as Part of Energy Modernization Act

on May 4, 2016

homer-microgrid-newsThe US Senate passed a bipartisan “Energy Modernization Act” last week. Despite its many shortcomings (Katie Herzog, writing for Grist, describes the bill as an “…energy modernization bill that would have been modern in 1980”), the bill has one feature particularly noteworthy for those of us in the microgrid world – it explicitly calls out microgrids as part of the future US energy solution, for both basic electricity delivery in remote communities and resilience for the grid-connected communities that make up the vast majority of US households.

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Homer Microgrid NewsUS Senate Recognizes Hybrid Microgrids as Part of Energy Modernization Act

Enel lands 64MW home win

on May 4, 2016

renewsEnel Green Power has become the 100% owner of Maicor Wind, following the acquisition of the remaining 40% of the company from PLT energia.

The deal means Enel owns, in part through the Maicor Wind subsidiary Enerlive, two wind farms in Calabria with a total capacity of 64MW.

The two plants, which have been in operation since 2011, are the 56MW Cortale wind farm in Maida and the 8MW San Floro facility in Catanzaro.

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reNEWSEnel lands 64MW home win

GE to ship 220 MW of inverters to solar project in Dubai

on May 4, 2016

SeeNews-RenewablesMay 3 (SeeNews) – US conglomerate General Electric (NYSE:GE) will supply 220 MW of its LV5 Series solar inverters for the second stage of the up to 5-GW Mohammed bin Rashid Al Maktoum project in Dubai.

GE expects to start deliveries of the products this summer. The inverters are part of a frame agreement between the US company and Spanish engineering, procurement and construction firm TSK, which won the right to build the solar park alongside Saudi Arabia’s ACWA Power International.

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SeeNews RenewablesGE to ship 220 MW of inverters to solar project in Dubai

California Winery Uses Solar Power And Energy Storage

on May 4, 2016

cleantechnicaThe Stone Edge Farm and winery in Sonoma, California has a 32 kW solar array, 14 of Aquion’s 25 kWh M-Line battery modules, and an Ideal Power 30 kW multi-port power conversion system. The solar PV array provides electricity to the primary residence, workshops, and offices. The renewable electricity system is generating so much power that some can be sold back to the local utility.

It is also part of an onsite microgrid which was designed for self-consumption, load shifting, and peak shaving. “The Stone Edge Farm project is an excellent example of how long-duration advanced batteries plus solar PV can enable on-site renewable energy generation and maximize solar self-consumption,” explained Scott Pearson, CEO of Aquion Energy.

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CleanTechnicaCalifornia Winery Uses Solar Power And Energy Storage

5 Trends Shaping the 66GW Global Solar Market

on May 3, 2016

greentech mediaAfter a record-breaking 2015, GTM Research expects the global solar PV market to grow 21 percent and add 66 gigawatts of capacity by the end of the 2016. Tempered by policy pullbacks across major markets China, Japan and the U.K., PV growth will slow in 2017, but the market will reach 95 annual gigawatts by 2020.

Below are some of the key trends GTM Research identified in its new report, Global Solar Demand Monitor: Q2 2016.

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GreenTech Media5 Trends Shaping the 66GW Global Solar Market

Hawaii lawmakers push renewable energy storage incentives

on May 3, 2016

WRAL

HONOLULU — Hawaii has the highest rate of residents using solar panels in the nation, and lawmakers want to extend the state’s leadership role by offering incentives or rebates to those who buy batteries to store their renewable energy.

It’s an issue that’s important to residents of the island state, which has the highest electricity costs in the nation. The state’s largest utility proposed charging different rates for customers at peak times, such as night, when electricity costs are highest.

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WRALHawaii lawmakers push renewable energy storage incentives

Q&A: An energy storage solution may already be in your basement

on May 3, 2016

midwest-energy-news

The much publicized Telsa Powerwall battery offers a way for homeowners with solar panels to store their energy for use at night as well as help utilities manage the grid.

Yet a decidedly less flashy piece of equipment residing in basements and closets of homeowners holds much greater potential as a residential battery – electric water heaters.

For the past 30 years Great River Energy (GRE) has deployed electric water heaters in homes to manage loads. Today more than 110,000 homes – around 20 percent of its to customer base – have water heaters that collectively, according to the utility, amount to a gigawatt of storage.

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Midwest Energy NewsQ&A: An energy storage solution may already be in your basement

VIDEO: Utility veterans urge industry away from ‘dumb’ power grid tech

on May 3, 2016

Electric-Light-and-PowerDon’t be a DOUG.

The takeaway from Tuesday morning’s keynote at the Energy Storage Association Conference and Expo in Charlotte, N.C. was spelled D-O-U-G, translated to “Dumb Old Utility Guy.”

And this putdown came from Michael O’Sullivan, a longtime utility veteran himself and senior vice president of development for NextEra Energy. He was referring to coming changes in the power industry and how energy storage can be a viable option and value proposition.

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Electric Light and PowerVIDEO: Utility veterans urge industry away from ‘dumb’ power grid tech

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