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Is 35 GW of Energy Storage Possible by 2035?

Is 35 GW of Energy Storage Possible by 2035?

Energy storage could save the grid $4 billion in all and add as as many as 167,000 new jobs. That is according to the Energy Storage Association that says as much as 35 gigawatts of new energy storage could be added by 2025, all of which would alleviate the pressures that the current system faces. 

Solar Market has Record Year

Solar Market has Record Year

The US solar industry shattered records in 2013, adding 4,751 MW. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Solar Market Insight Year Solar Market Insight Year in Review 2013, photovoltaic (PV) installations continued to proliferate, increasing 41 percent over 2012 to reach 4,751 megawatts (MW). In … Read more »

Cisco, IBM, Siemens Among ‘Top 10 Smart Grid Vendors’

Cisco, IBM, Siemens Among ‘Top 10 Smart Grid Vendors’

A new report from GTM Research identifies the following companies that GTM analysts consider the best smart grid vendors across the smart grid value chain at present: ABB, Cisco, IBM, Itron, Siemens, S&C Electric, Schneider Electric, Opower, Silver Spring Networks and Tendril. While there were over 40 finalists in contention … Read more »

HCPV Solar Market to Grow to $1.6bn in 2017, PV Manufacturing to Lose Ground

HCPV Solar Market to Grow to $1.6bn in 2017, PV Manufacturing to Lose Ground

The high-concentrating photovoltaics market, buoyed by emerging nations with ample solar resources, will reach 697 MW in 2017 and experience a 31 percent compound annual growth over the next five years, a Lux Research report has said. This growth will create a system market worth $1.6 billion and a module … Read more »