Tag: energy storage
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Duke Energy to build solar-powered green hydrogen facility in Florida
An existing 74.5 MW solar plant will soon help power two electrolyzer facilities to produce green hydrogen. Duke Energy is preparing to break ground in DeBary, Florida, on the first demonstration project in the United States to successfully create clean energy using an end-to-end system to produce, store and combust 100% green hydrogen. Construction of the demonstration project……
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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……
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Redflow awarded DOE funding for 34.4 MWh energy storage project
Global clean energy storage provider Redflow Limited has received U.S. Department of Energy funding for a 34.4 MWh long-duration energy storage (LDES) microgrid project in Madera, California. Redflow was named as the battery provider for the project, which will form part of the DOE’s $325 million LDES program to advance critical clean energy technologies, expand the adoption……
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Canadian Solar unveils EP Cube Lite grid-tied residential energy storage solution at RE+
Canadian Solar Inc. debuted the EP Cube Lite, a new grid-tied energy storage solution, in the North American market at RE+ in Las Vegas. Representing an expansion of the company’s successful EP Cube residential energy storage line, the lower-cost EP Cube Lite makes energy storage accessible to more homeowners. The system can easily be expanded later to……
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ENGIE acquires Houston energy storage business Broad Reach Power for $1 billion
French multinational utility company ENGIE has agreed to acquire the battery storage business of Houston-based Broad Reach Power for $1 billion. The deal was made with EnCap Energy Transition and its co-investment partners Yorktown Partners, Mercuria Energy and Apollo Infrastructure Funds. “Our firm’s success is a direct result of the tireless dedication of our team, who go above and beyond every day” said……