Tag: storage
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Construction begins on 200 MW San Juan solar + storage project in N.M.
D.E. Shaw Renewable Investments (DESRI), in partnership with Public Service Company of New Mexico (PNM) and SOLV Energy, recently celebrated the groundbreaking of the San Juan 1 project. The project is a 200 MWac solar and 400 MWh storage facility located in Farmington, New Mexico. “In the face of numerous headwinds facing the industry over the last……
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Maine offers $3 million incentive for commercial energy storage
Some state incentive programs for commercial energy storage may seem at times to lack enough financial reward to encourage adoption of new capacity, but a new program from Efficiency Maine puts the numbers upfront with potential savings of up to $3 million per participant over five years. The quasi-state organization is offering the incentives within……
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Hitachi, Powin partner up, with Hitachi taking majority stake in EKS
The global demand for energy storage solutions has reached a critical juncture, and major tech brands are all finding new ways to enter the space and expand. This week, renowned global tech company Hitachi Energy announced a collaboration with energy storage platform provider Powin. Hitachi Energy will take majority ownership in eks Energy (EKS) —……
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Hitachi, Powin partner up, with Hitachi taking majority stake in EKS
The global demand for energy storage solutions has reached a critical juncture, and major tech brands are all finding new ways to enter the space and expand. This week, renowned global tech company Hitachi Energy announced a collaboration with energy storage platform provider Powin. Hitachi Energy will take majority ownership in eks Energy (EKS) —……
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Plus Power raises $1.8 billion for standalone storage buildout | Solar Financing Spotlight
Plus Power has secured $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy. Read more about this and other financing news in our Solar Financing Spotlight. Plus Power’s major funding announcement includes……