SAN DIEGO, May 15, 2019 (GLOBE NEWSWIRE) — NeoVolta Inc. has received approval from the California Energy Commission to connect its NV14 home energy storage system to California’s state regulated electricity grid. Approval immediately opens NeoVolta’s energy storage solutions to California’s existing 940,000 solar installations that generate nearly 17 percent of all of California’s electricity. By storing energy instead of sending it back to the grid, consumers can protect themselves against blackouts and avoid expensive nighttime ‘peak’ rates charged by the utility companies when solar isn’t producing. California is the largest solar market in the US representing 47 percent of the over 2…
Author: @WoRenewables
@WoRenewables
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The technology group Wärtsilä and Lappeenranta-Lahti University of Technology LUT, a Finnish public university, have signed a research agreement on strategic power system modelling with the aim of understanding and developing paths towards 100% renewable energy systems. The agreement was signed in March. The scope of the agreement covers collaboration on detailed energy system modelling of the transition taking place with the global energy sector. Under the agreement, LUT University’s solar economy research group will support Wärtsilä’s development work in this field, including providing access to LUT University’s database of power systems data. Wärtsilä has accumulated superior capabilities in the…
Neste and Air BP are supporting the business aviation sector’s Sustainable Alternative Jet Fuel (SAJF) initiative and helping drive its adoption with operators and aircraft manufacturers. The European Business Aviation Convention & Exhibition (EBACE) will take place in Geneva on 21-23 May 2019, and European business aviation community has an option to refuel with sustainable aviation fuel at Caen airport in France. The fuel has been produced by leading renewable fuels producer, Neste, and supplied by Air BP to Caen Carpiquet (CFR/LFRK) airport in France. Neste’s sustainable aviation fuel is produced from non-palm renewable and sustainable raw materials. The fuel…
Beatrice Offshore Windfarm Limited (BOWL) is a joint venture development led by SSE Renewables (40%), Copenhagen Infrastructure Partners (35%) and Red Rock Power Limited (25%). The final 7MW Siemens Gamesa turbine was installed in the Outer Moray Firth, around 13km off the coast of Caithness, bringing the site’s total installed capacity to 588MW – enough to provide clean, low carbon energy to over 450,000 homes. Jim Smith, Managing Director of SSE Renewables said: “Completing the offshore construction at Beatrice is a testament to the capabilities of SSE Renewables and our project partners. Delivering one of Scotland’s largest ever private investments on time…
Global renewable energy company RES has ramped up its strategy to grow in the renewable energy support services market by taking over O&M contracts for six wind farm sites from Ainscough Wind Energy Services (AWES), securing nine jobs in rural England, Wales and Northern Ireland. The announcement comes just weeks after RES announced the acquisition of REG Power Management’s (RPM) asset management business, and with its contracts to manage a portfolio of 43 operational wind and solar projects. RES’ renewable energy support services portfolio now tops 5GW, with further growth expected throughout 2019. Ian Hunter, Managing Director – Support Services…
The European Investment Bank has given its in-principle agreement to support the financing of Europe’s first home-grown gigafactory for lithium-ion battery cells, Northvolt Ett, in Sweden. Upon conclusion of a loan agreement, the financing would be supported by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe. The gigafactory will be established in Skellefteå in northern Sweden – a region home to a prominent raw material and mining cluster which has a long history of process manufacturing and recycling. Noting the region’s clean power base, building the factory in northern Sweden will enable…
The “Energy Storage Market by Type – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023” report has been added to ResearchAndMarkets.com’s offering. The installed capacity in the global energy storage market is projected to reach 51,426.0 MW by 2023, the market growth is driven by substantial growth in the amount of renewable energy being deployed around the world and increasing need of the smart grid systems. Insights into market segments Based on type, the energy storage market is categorized into mechanical, electrochemical, thermal, chemical, and others; others’ include fossil fuel and biological storage. Of these, electrochemical is expected to be the fastest…
The new Gamesa Electric PV 3750 is one of the most powerful and compact inverters on the market with 3.75 MVA, allowing outdoor MV solutions up to 7.5 MVA in 40ft. Driving down LCoE of utility-scale projects is the main goal of Gamesa Electric’s product catalogue. The new Gamesa Electric PV 3750 inverter is a great step ahead on this direction and it is one of the highest power (3.75 MVA) inverters available on the market. This inverter model includes an advanced cooling system (liquid and air), “easy to maintain” concept and best-in-class MTBF values for critical components, guaranteeing product…
Abu Dhabi, UAE, 15th May 2019: The Insurance Authority of the United Arab Emirates has signed an agreement with the Organising Committee of the 24th World Energy Congress to sponsor and exhibit at the Congress, which will take place from 9-12 September at the Abu Dhabi National Exhibition Centre (ADNEC). The Congress is being held under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE. Among the principal responsibilities of the Insurance Authority are protecting the rights of insured entities, enhancing the performance and efficiency of insurance companies and identifying risks that should be…
UTRECHT – The Netherlands is the third fastest growing solar market in Europe. Just like last year new installations will continue to grow over 50 percent in 2019, experts say. Though Europe is reclaiming its position in the PV market, countries and companies have to adapt more quickly to the digitalisation and electrification of the energy market, for instance in mobility, they state. Now China is taking the lead. Based on the share of renewable energy The Netherlands are being bottom of the class in Europe, but in the growing solar market they are ahead of other countries, research by…
