Consolidated Edison has filed implementation plans for two energy storage demonstration projects that are part of New York's utility sector reform effort called Reforming the Energy Vision.
Germany-based Siemens AG and Virginia-based AES Corporation on July 11 unveiled an agreement to form a new global energy storage technology and services company called Fluence.
Energy storage deployments are growing exponentially, according to a new report from GTM Research and the Energy Storage Association. Experts said 2015 will be remembered as the year of a paradigm shift for how energy is generated, distributed and used.
Starting this summer, New York-based utility Con Edison and SunPower Corp. will partner on a pilot program to offer solar power systems with battery storage to more than 300 New York homeowners.
The residential energy storage market continues to heat up with Germany-based sonnen on July 7 announcing a new solar energy battery storage system for homes.
The recent announcement by Germany-based sonnen that it plans to offer an energy storage product in U.S. residential markets marks the latest sign that Tesla, which rolled out its Powerwall storage project for homes last year, is likely to face growing competition in this space.