Bankability is a term used in the renewable energy world to describe the likelihood that any particular technology or manufacturer will be funded by financiers. Financiers are looking at the bankability of energy storage via the technology itself and the long-term financial sustainability. Previously financiers needed to trust the revenue projections presented to them, but new software is making these predictions easier.
InterSolar North America exhibition and conference will be held July 11 – July 13, 2017, in San Francisco, California, and will be the most-attended solar-plus-storage event in the United States. This is the 10th anniversary of this event!
In May of 2016, the US Representative from Silicon Valley, Mike Honda (D), introduced the Energy Storage for Grid Resilience and Modernization Act (H.R. 5350). In short, this bill extends the current 30% Renewable Energy Tax Credit (which was just extended last year) to energy storage technologies, not just the wind, solar, and geothermal power plants that feed electricity into the grid.
In the past few decades, sustainable technologies have multiplied rapidly. The price of solar and wind energy has crashed, leading to a sustainable energy boom. Simultaneously, the public has grown more comfortable with electric vehicles, thanks to increasing range and flashy brands like Tesla showing what EVs are capable of. … [continued]
ACWA Power has now demonstrated fully dispatchable solar for when the sun doesn’t shine, at Bokpoort in South Africa.
A revamped electric grid could yield huge cost savings, states a SolarCity study. Reacting to the California-based study, SolarCity CEO Lyndon Rive said Californians could save $1.4 billion a year if modern technologies are better incorporated into the way electricity is stored and delivered. Rive added if states revamp the utility business … [continued]
Known for artsy watches, it may seem strange that Swatch is considering a move into the electric vehicle battery game, until you start to dig into the details. Swatch has been making batteries for watches for years, so the connection to the technology makes sense, but it’s the specific battery … [continued]
Originally published on 1Sun4All. You may know of Sir Richard Branson — he’s the founder and chairman of Virgin Group, a British business tycoon, and a renowned entrepreneur. He has engaged in many aviation adventures, which include his hot air balloon “Virgin Atlantic Flyer” crossing the Atlantic in 1987. A new venture of his … [continued]
Originally published on RenewEconomy. New Zealand electricity network operator Vector intends to broaden the rollout of its solar storage package for homes, saying it is clear that rapid developments in costs and technologies mean the nature of the electricity market is changing – and utilities needed to adapt, or face … [continued]
In the long run, there’s no avoiding energy storage for a 100% renewable energy society. The two major sources of renewable power are wind and sun, and they are either fickle or reliably not available at night. The problem is that the simplest energy storage option for electricity is batteries, … [continued]
