Tag: energy storage
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Huawei sends over 10 predictions for smart solar PV trends by 2025
Over the next 5 to 10 years, renewable energy will assume a more prominent role as a main power source for power grids. Solar power, in particular, as the most noteworthy form of renewable energy, has a particularly bright future. However, as renewable represents a greater proportion of total energyRead More — Solar Builder magazine
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KiloVault debuts pure lead carbon deep-cycle battery aimed at residential solar
KiloVault is promoting a new PLC series of advanced, pure lead carbon, sealed AGM, deep cycle batteries. Designed for optimum performance in Partial State of Charge (PSoC) applications, the PLC series is ideal for residential or light commercial off-grid, backup, or self-consumption applications. PLC batteries use a specially formulated carbonRead More — Solar Builder magazine
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CIT leads $140 million financing for esVolta utility-scale energy storage portfolio
CIT Group‘s Power and Energy business served as lead arranger for a $140 million financing for esVolta, a leading developer of utility-scale energy storage systems for renewable energy projects. The portfolio consists of more than 136 megawatts of energy storage units supporting eight energy projects in California. esVolta has long-termRead More — Solar Builder magazine
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Wood Mackenzie relays six key themes that will drive the energy storage boom globally
The starting gun has sounded for the global storage market, which is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to Wood Mackenzie. Costs have fallen, direct incentives and clean energy targets are proliferating and competitive markets andRead More — Solar Builder magazine
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KiloVault launches wall-mounted lithium-iron energy storage tech with HAB series
KiloVault, a provider of innovative and affordable residential and commercial renewable energy solutions, this week unveiled the new HAB series of wall-mount energy storage systems. Designed for trouble-free mounting, the HAB provides a 7.5 kWh battery in a single unit. Up to 14 units can be wired in parallel toRead More — Solar Builder magazine