Big Players Spin the Wheel for the $45B Energy Storage Jackpot

energy storage market

Players in the booming energy storage market are like contestants running the board on "Jeopardy” before solving the puzzle on "Wheel of Fortune.” Investors are taking risks and companies are striking deals in rapid rounds, chasing a big jackpot that is expected to reach $20.5 billion (Navigant Research) to $45 billion (AES) globally by … [Read more...]

Solar Plus Storage Microgrid Installed at Denver’s Panasonic Hub

Panasonic’s operations hub in Denver has a brand new microgrid. Announced at the Energy Storage Association’s 27th Annual Conference, Younicos – in partnership with Panasonic and Xcel Energy – has commissioned a solar plus storage microgrid for a smart transit project underway in Denver. The 1 MW/2 MWh lithium ion battery system can be found at … [Read more...]

Microgrid-enabling Technologies Market May Reach $155 Billion in Less than a Decade

As demand for microgrids grows, so does the need for microgrid-enabling technologies -- the various systems and components that let the microgrid generate power and store it, supply customers, and connect and disconnect from the grid. These technologies include diesel generators, natural gas generators, fuel cells, solar PV, distributed wind, … [Read more...]