ABB Wants to Boost Storage & Microgrid Activity with a $113-Million Fund

storage and microgrid

ABB, a global technology company that specializes in power and automation, plans to boost energy storage and microgrid installations with a $113 million fund provided by Susi Partners, a clean energy infrastructure investment advisor. Under an agreement between the two companies, ABB will provide its ABB Ability-based microgrid technology … [Read more...]

Tesla to Acquire Ultracapacitor Company Maxwell

Ultracapacitors

Tesla plans to acquire ultracapacitor company Maxwell Technologies in a deal announced Monday by the two companies. The San Diego, California manufacturer would become a wholly owned subsidiary of Tesla in the all-stock acquisition. The offer values Maxwell common stock at $4.75/share, a 54.7% premium to its closing price Friday of … [Read more...]

California Regulators Redirect Electric Transportation Strategy; Stakeholders Protest

transportation electrification

The California Public Utilities Commission late last week terminated its docket on transportation electrification and opened a new one to create a more coordinated strategy for electric vehicles and their integration into the electric grid. The order, particularly in its draft form, attracted opposition from industry stakeholders, who filed … [Read more...]

Grid Flexibility, Energy Storage, Microgrids Win Funding in NYPA 2019 Budget

NYPA

The New York Power Authority (NYPA) yesterday announced hundreds of millions of dollars in funding for energy storage, demand management, microgrids, electric vehicle charging and other distributed energy resources. NYPA made the announcement following a board of trustees' vote to approve its 2019 budget. The budget includes $250 million … [Read more...]

My Car, Your Home, a Microgrid and the Future

LO3

Cars, homes and microgrids will be key market actors in a future where consumers produce and share energy. eMotorWerks and LO3 Energy intend to demonstrate that such a future is getting closer. The two companies announced a collaboration today to test tools that will let consumers buy and sell electricity within microgrids using their homes … [Read more...]

2019 Looks Good for Electric Vehicles as New York Pushes Electrification of Transportation

transportation electrification

New York continues to push electrification of transportation, boosting what's expected to be a record 2019 for electric vehicles in North America. As part of its EVolve NY program, the New York Power Authority (NYPA) is rolling out 200 direct current fast chargers (150 kW), which charge in as little as 20 minutes. NYPA will install the fast … [Read more...]

Utilities See Future Profits in Microgrids: Survey

utilities

Utilities see microgrids and related technologies as future revenue opportunities to help counter dampened profits from their traditional services, according to a new study from Accenture. The finding came from a survey of 150 utility executives across more than 25 countries, part of Accenture’s Digitally Enabled Grid research program, now … [Read more...]

Electric Vehicles and Homes Connect to Microgrids in the US and Africa

electric vehicles

UC San Diego connects electric vehicles to microgrid The University of California San Diego continues to advance its already advanced microgrid universe of technologies, this time with electric vehicle-to-grid capabilities for its free nighttime shuttle service, Triton Rides. The program is part of "INVENT," a vehicle-to-grid (V2G) program that … [Read more...]

A Microgrid for Every Electric Bus Stop in Martha’s Vineyard Town

EVs, microgrids and renewables

Off the coast of Massachusetts, on the history-filled island of Martha's Vineyard, tourists may soon find themselves journeying into the future on a bus that is wirelessly charged by microgrids. The microgrids are part of the Vineyard Transit Authority's larger clean energy transportation plan, now being put in place with electric buses, … [Read more...]

A Big Week For Reshaping the Electric Grid with EVs

transportation electrification

EV programs may soon come to a grid near you as states continue to expand and refine charging efforts. Here's a look at some big moves this week in California, Massachusetts and New York. Massachusetts okays one of largest EV programs In Massachusetts, the state Department of Public Utilities on September 10 okayed a $25 million charging … [Read more...]