Wärtsilä to supply two major interconnected energy storage systems for Texas grid services

The technology group Wärtsilä announced today that it will supply its energy storage technology for two 200-MW projects in southern Texas, USA. The megawatt-hour rating of the facilities was not available at press time. Wärtsilä has also signed ten-year guaranteed asset performance agreements for the installations. The order was placed by Able Grid Energy Solutions, […]

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Grid Storage R&D Center planned for Pacific Northwest National Lab by 2025

The first phase of planning work is underway on a $75 million research and development center focused on accelerating development and deployment of long-duration, low-cost energy storage. The U.S. Department of Energy announced the beginning of design and construction of the Grid Storage Launchpad located at the Pacific Northwest National Laboratory in Richland, Washington. The facility will […]

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New energy storage deployment topped record 3,500 MWh in 2020, ESA report shows

Energy storage installation grew nearly 200 percent and totaled an all-time operational record in fourth quarter 2020, according to a new report. The report released by analytics and research firm Wood MacKenzie and the U.S. Energy Storage Association’s latest U.S. Monitor report indicated that about 2,156 MWh of new energy storage was brought online in the last […]

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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 transport will drive up electricity demand, while the tremendous growth of wind and solar add additional strain on the grid. […]

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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 energy and battery storage from the Paris Solar-Battery Park. If approved, MGE will own 20 megawatts (MW) of solar energy and […]

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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 last year. In January, AES merged with sPower and incorporated it into the AES clean energy business in the U.S. […]

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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 of a clean energy project pipeline that includes 1.2 GW of solar and 3.9 GW of battery energy storage systems (BESS), […]

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