The electric utility industry has been buffeted by two recent trends that threaten to upend the profitability, and in some cases the future viability of, those companies that are slow to adapt to a new, rapidly changing landscape. Specifically, in the past decade, the industry has had to grapple with both waning demand and the […]
New textile-based solar cells developed by Fraunhofer researchers, semitrailers could soon be producing the electricity needed to power cooling systems or other onboard equipment. In short, textile-based solar cells could soon be adding a whole new dimension to photovoltaics, complementing the use of conventional silicon-based solar cells.
The latest crop of utility participants includes NRG Energy, Cleco Corp., Entergy, Louisville Gas & Electric/Kentucky Utilities, AEP’s distributed energy ventures group AEP OnSite Partners and Hindustan Power from India.
ENGIE Storage has announced it will supply and operate a 19 MW/38 MWh portfolio of six energy storage sites that will contribute to the Solar Massachusetts Renewable Target Program and participate in ISO-New England wholesale markets.
According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.
A new report from Navigant Research released this week says that revenue from device and data management technologies could grow from approximately $14.8 billion in 2018 to more than $22.1 billion in 2027 at a compound annual growth rate (CAGR) of 4.6%.
Last week, California’s Glendale Water & Power (GWP) received approval from the Glendale City Council to move forward with a plan to repower the aging Grayson Power Plant with a combination of renewable energy resources, energy storage and a limited amount of thermal generation.
Last week, Corvias announced that it had entered the final phase of its geothermal installation and energy upgrades effort at the U.S. Army’s Fort Polk in West-Central Louisiana, a milestone that once complete will not only modernize the aging infrastructure but save the Army significant money and benefit military families.