Community solar owner-operator Summit Ridge has secured US$15 million in project financing for two battery energy storage system projects in New York City, US.
Battery energy storage system (BESS) capacity in Italy reached 587MW/1,227MWh in the first three months of 2022, of which 977MWh is distributed energy storage, according to the national renewables association, ANIE Rinnovabili.
esla aims to reach annual deployments of energy storage totalling 1,500GWh by 2030, nearly four hundred times the amount it deployed last year, according to its 2021 recent impact report.
US commercial real estate firm Stream Realty Partners is partnering with independent power producer Catalyze to deploy over 450MW of solar and battery storage projects across its property portfolio.
Energy storage system (ESS) provider Tesvolt says that it saw 195% year-on-year growth in orders during March, as businesses seek to reduce their dependency on fossil fuels especially in light of the Russian invasion of Ukraine.
Lucky Cement, the largest cement producer in Pakistan, is launching a solar-plus-storage project with 5.589MWh of energy storage, which it claims would be the largest in the country.
A US company which claims its lithium-ion battery technology can be “safely installed in nearly any environment” has raised US$94.65 million in a Series C funding round.
Whether connected to a main electricity grid or not, commercial and industrial (C&I) microgrids are increasingly able to offer resilient and independent power supply and — perhaps more importantly — electricity cost reductions.
