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WoodMac: Global Energy Storage Installations to Hit 15GW by 2024

GreenTechMedia

The global energy storage market quadrupled last year to 4 gigawatts of new installations and will surge to a 15-gigawatt annual market in 2024, even as system price declines slow down, according to Wood Mackenzie. where developers are increasingly pairing large-scale solar arrays with batteries.

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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio. To be sure, no U.S.

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Balance-of-System Costs Falling for Non-Residential Storage

GreenTechMedia

Commercial and industrial customers with predictable, peaky loads are increasingly turning to storage to help manage demand charges. Over the next five years, system costs will decline further, with all-in costs falling by more than 27 percent by 2024, according to a new Wood Mackenzie report that looks at the pricing landscape for the U.S.

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Stem Confirms It’s Looking for Potential Buyers

GreenTechMedia

Now the company increasingly reaches customers through channel partners in the solar industry, and that shift may strengthen its position in recently revealed sales talks. Everything I described should make it no surprise that people are interested in acquiring Stem," he said, referring to earlier discussion of the new solar channels. "As

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Look forward to 2024 predictions from many of your favorite clairvoyant climate voices. Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 💨 Private equity and O&G bet big on climate tech’s next frontiers: DAC and lithium. Come on in, the water’s warm!

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Practical aspects of off-grid EV charging

Charged

An off-grid energy system basically consists of just four key components: 1) a battery to store energy; 2) one or more renewable energy sources (e.g. solar panels, wind turbines, hydroelectric turbines); 3) an appropriate DC-input charger for said source; and 4) a DC-to-AC inverter to power the house, EV charger, well pump, etc.

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Southern California Edison Inks Another Massive Round of Utility-Scale Battery Contracts

GreenTechMedia

Six months after inking California’s largest single energy storage procurement, utility Southern California Edison has added another three massive utility-scale battery projects to its portfolio—plus a behind-the-meter battery project with Sunrun. gigawatt-hours of energy storage capacity, for August 2021 delivery.