SunPower launches VPP for residential customers

 SunPower launches VPP for residential customers 150 150 Energy Storage Journal

November 26, 2021: Solar and energy firm SunPower Corp has launched a virtual power plant for its SunVault customers, it said on November 16. The lithium iron phosphate batteries are produced in 13kWh or 26kWh sizes and when they detect utility disruptions they switch automatically to the back-up storage in customers’ individual homes. “During hours…

RES appoints two CEOs for new positions in the firm

 RES appoints two CEOs for new positions in the firm 150 150 Energy Storage Journal

November 26, 2021: Senior executives Rachel Ruffle and Marco Perona have been promoted to new CEO positions created by renewable energy giant RES, the firm said on November 23. Rachel Ruffle becomes CEO EMEA, “expanding her current Northern Europe CEO role to lead development and construction activities across RES’ EMEA countries”, the firm says. Marco…

Plus Power closes $219 million financing for 565MWh Hawaii project

 Plus Power closes $219 million financing for 565MWh Hawaii project 150 150 Energy Storage Journal

November 26, 2021: Plus Power on November 9 announced it had closed a landmark credit facility for its 185MW/565MWh Kapolei Energy Storage project in Hawaii. The battery is in Kapolei, on the island of Oahu, and is the largest to have been selected by the utility Hawaiian Electric. It will provide load shifting and 50MW…

Global long-duration storage target set by new LDES Council

 Global long-duration storage target set by new LDES Council 150 150 Energy Storage Journal

November 26, 2021: A new Long-Duration Energy Storage Council report published in November has estimated that the world needs up to 140TWh of long-duration storage by 2040 if the world’s grids are to become net-zero. Co-authored by US battery manufacturer ESS, the report says deploying long-duration systems for storing renewable power such as wind and…

Intersect Power secures $2.6 billion for solar plus storage portfolio

 Intersect Power secures $2.6 billion for solar plus storage portfolio 150 150 Energy Storage Journal

November 26, 2021: Clean energy firm Intersect Power has closed eight separate transactions worth a total of $2.6 billion to finance the construction and operation of six solar-plus-storage projects in Texas and California, the firm said on November 18. Santander  Bank helped to put together the transactions, which have been agreed with firms including HPS…

Pecho LD applies for permission to build 3,200MWh CAES facility

 Pecho LD applies for permission to build 3,200MWh CAES facility 150 150 Energy Storage Journal

November 26, 2021: Hydrostor affiliate company Pecho LD Energy Storage has applied to develop a 400MW/3,200MWh compressed air storage facility in San Luis Obispo County, California, the company announced on November 23. The facility, if granted approval by the California Energy Commission, will help to meet the region’s energy demands after the 2,200 Diablo Canyon…

Eos Energy agrees deal to supply 30MWh of zinc battery storage

 Eos Energy agrees deal to supply 30MWh of zinc battery storage 150 150 Energy Storage Journal

November 26, 2021: Renewable energy firm Blue Ridge Power has chosen aqueous zinc battery technology by Eos Energy to store 300MWh of energy in multiple energy storage projects up to 2023, Eos announced on November 10. Eos, which is based in the US state of New Jersey, says solar engineering and construction firm Blue Ridge…

Briggs & Stratton’s standby power unit renamed Energy Solutions

 Briggs & Stratton’s standby power unit renamed Energy Solutions 150 150 Energy Storage Journal

November 26, 2021: Briggs & Stratton announced on November 15 that its standby power unit has been renamed Energy Solutions to match new ambitions. The company is expanding its standby power business to include standby generators and energy storage systems. The change of name reflects the launch of its expanded product line and enlarged focus…

Leoch anticipates lithium battery market to double by 2025

 Leoch anticipates lithium battery market to double by 2025 150 150 Energy Storage Journal

November 11, 2021: The global market for lithium batteries is expected to double by 2025, Leoch chairman Dong Li told the Asian Battery Conference on November 5 — a leap from $40.5 billion in 2025 to $80 billion. The growth of the sector would pose one of the main challenges to the lead battery industry…

Exide Industries sees huge potential in microgrids for tubular batteries

 Exide Industries sees huge potential in microgrids for tubular batteries 150 150 Energy Storage Journal

November 11, 2021: Exide Industries, one of India’s largest lead battery manufacturers, has decided to focus on microgrid installations to make the most of what it believes is a ‘huge, huge potential market for energy storage’, R&D president Dipak Choudhury told delegates at the Asian Battery Conference in early November. With India’s drive towards ramping…