energy storage

Reshaping the Future of the Electric Grid Through Low-Cost, Long-Duration Discharge Batteries

A new era of energy provided by renewables may be close, thanks to research begun at the Joint Center for Energy Storage Research (JCESR), a U.S. Department of Energy (DOE) Energy Innovation Hub led by DOE’s Argonne National Laboratory, and continued at its spinoff company, Form Energy.   The challenge JCESR addressed is long-duration energy storage – […]

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GoodWe Signs a 100MW Solar Inverter Supply Agreement with GS Global

GoodWe, a world-leading PV inverter and energy storage solutions manufacturer, has signed a 100MW distribution agreement with GS Global, a Fortune 500 company. Founded in 1954, GS Global is at the forefront of GS group’s global business. Headquartered in Seoul, South Korea, the company operates a global international business network in more than 30 regions. […]

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Nexamp Secures $440 Million in Debt Financing for Solar and Energy Storage Portfolio

Largest financing deal ever for community solar assets, a model that provides equitable access to clean energy Nexamp, Inc., a leading renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio […]

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Energy Storage Market Breaks Quarterly Deployment Record in the US

2,156 MWh of new energy storage systems were brought online in the US in Q4 2020, making it the new record quarter for US storage. According to Wood Mackenzie and the US Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 2,156 megawatt-hours (MWh) of new energy storage systems were brought online in Q4 2020. This is an increase of […]

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Sungrow Bags 500 MW Strategic Agreements during PV Japan Expo

Sungrow, the global leading inverter solution supplier for renewables, has signed 500 MW strategic agreements to supply PV inverter solutions in Japan during the recent PV Expo. The Company also debuted a future-proof PV and energy storage product lineup optimized for various Japanese market segments; therefore, fueling the transition to a low carbon economy and overshooting Japan’s 2050 carbon […]

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SMT Energy Partners with Goldman Sachs, Sells 55 MW Community Solar Projects

SMT Energy LLC (SMT) and Goldman Sachs Renewable Power LLC (GSRP) have announced a strategic partnership to develop renewable energy assets in the United States. Initially, GSRP is acquiring 55 megawatts (MW) of community solar facilities located in upstate New York from SMT. John Switzer, co-founder of SMT, stated, “I am extremely proud of our team for developing […]

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Blackstone Technology Presents New 3D Printed Lithium-Ion Battery Cell

Switzerland-based Blackstone Resources announced important achievements by its subsidiary Blackstone Technology, during its Blackstone’s Battery Day held recently. On that day, the firm presented a new 3D-printed lithium-ion battery cell produced with its own proprietary patented technology.  Blackstone Technology was launched with the sole purpose to develop Blackstone’s expertise in battery manufacturing.  The CEO of […]

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Northvolt to Invest $200 Mn to Establish Europe’s Largest Energy Storage Factory

Northvolt’s vision of enabling the future of energy takes a new step forward through a $200 million expansion of its battery systems capabilities in Gdańsk, Poland. Entering into production in 2022, a new factory will have an initial annual output of 5 GWh, and potential future capacity of 12 GWh. “Securing battery cell manufacturing capacity […]

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