It is said to be the largest renewable energy project to be installed at a U.S. airport.
The project is expected to be the largest standalone energy storage facility in the state.
It will be used at the site of an existing nuclear power plant in New Brunswick.
Once the faculty is operational it is expected to have an annual production capacity of 6-gigawatt hours of battery cells.
Energy storage deployments in the United States during the first quarter of 2019 were up 232% year-over-year, Wood Mackenzie Power & Renewable’s latest US Energy Storage Monitor shows. The market saw 148.8 MW deployed in Q1 of this year.
Mitsubishi Hitachi Power Systems and Magnum Development plan to develop 1,000 megawatts of renewable energy storage in central Utah. The companies say that the initiative will be the world’s largest project of its kind.
Shell New Energies formed a joint venture with Convergent Energy and Power to install new industrial energy storage systems, starting with 21 MWh at two Shell Canada Products facilities in Ontario.
New York Governor Andrew Cuomo offered up $280 million this week for energy storage projects in the state that grow the industry and drive down deployment costs. The funding is part of a $400 million investment that supports reaching 3,000 megawatts of energy storage by 2030.
DTE Energy plans to retire two coal plants in Michigan in 2022, a year ahead of schedule. Besides steadily eliminating coal from its generation fleet, the Detroit-based energy company is investing $2 billion in renewables over the next five years. The St. Clair Power Plant and the Trenton Channel Power ... Read more »
Shell has agreed to acquire 100% of the German smart energy storage systems manufacturer Sonnen for an undisclosed sum. Sonnen makes solar-powered lithium-ion battery packs for homeowners, and is considered a competitor to Tesla and Samsung.
New York Governor Andrew Cuomo included $1.2 billion for renewable energy projects in the 2019 Executive Budget for the state. The investment is part of a broader multibillion-dollar Green New Deal aimed at completely eliminating the state’s carbon footprint.
Fluence, Nidec ASI, Tesla and RES are the leading players in the increasingly competitive utility-scale energy storage market, according to a new report from Navigant Research.