New Ventures

New York State is ready to jump-start energy storage and renewable resource projects to modernize their energy grid.  To do so, the New York State Energy Research and Development Authority (NYSERDA) is offering project managers the chance to receive funding from a fund worth $15.5 million.  This money is just one part of a larger, Clean… Keep reading →

Africa’s first utility-scale battery storage installation has been agreed upon this week thanks to the U.S. Trade and Development Agency and Obama’s Power Africa Initiative.   $1.1 million were set aside for an upcoming solar energy storage facility in Kenya.  The funds are being allocated to Xago Africa, a company known for the development of… Keep reading →

One of the hottest genres of movies today are superhero franchises where larger than life characters appear on screen doing things well beyond the imagination of most people. The founders of Google are similar to these onscreen titans in many respects. They have more money than most people can easily comprehend, earned through their towering… Keep reading →

Businesses Speak out Against Proposed Energy-Efficiency Budget Cuts

The President’s budget template, which slashes the Environmental Protection Agency budget by 32% and eliminates voluntary programs, including the agency’s Combined Heat and Power (CHP) Partnership and the ENERGY STAR program, has drawn wide criticism from businesses across the country. Businesses are speaking out on behalf of the CHP Partnership. More than 100 companies have… Keep reading →

Last year some investors in the energy market took a beating when numerous U.S. oil shale producers filed for bankruptcy. However, those losses have not deterred investors from making massive new investments betting on the future of the oil shale industry. In the first three months of 2017 investors placed nearly $20 billion with private… Keep reading →

Space Exploration Technologies Corporation better known as SpaceX was founded just 15 years ago by Elon Musk, the world famous entrepreneur and genius behind other notable ventures such as Tesla Motors, Solar City and others. The aerospace manufacturer and space transport company was started with modest goals such as reducing space transportation cost and enabling… Keep reading →

Since President Trump’s election to office, his administration has made it very clear that building and restoring infrastructure is at the top of their “to-do” list.  The Energy Storage Association and their supporters are looking to turn Trump’s priority into an opportunity for their agenda.  To create this opportunity, the ESA, and other supporting organizations,… Keep reading →

California is no stranger to subsidizing renewable energy – and now, there is a newer and bigger subsidy that has just been approved, this time attempting to invigorate the energy storage market. California’s Self-Generation Incentive Program (SGIP) has been a major success in the past years. The subsidy that was geared towards incentivizing the growth… Keep reading →

When President Trump signed the executive order rolling back the Obama-era Clean Power Plan, many people expected coal to rally – the intent of the executive order was to end the war on coal. However, some industry experts do not foresee a rally in the coal sector at all. This data comes from a survey… Keep reading →

Lithium-ion batteries have held the largest market share of batteries since 2010 making it increasingly difficult for new battery developments to take root.  Advancements in battery technology have paved the way for new power developments such as flow batteries. Flow batteries are currently facing great difficulties in trying to secure a larger market share in… Keep reading →

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