Eguana Technologies Inc. will soon be selling a new version of its AC Battery. The Calgary-based company inked an agreement that will see it integrate LG Chem’s new battery cell technology (JH3) into its portfolio of energy storage devices.
New data from GTM Research indicates that total energy storage deployments in the US will top 2 GW in 2021. Total 2016 energy deployments are expected to hit 260 MW, up from 226 in 2015. Behind the meter installations will account for approximately half of this figure.
A new report from RE100 indicates that corporate investments and sourcing of renewable energy is critical to attaining a zero-emissions economy. The report, which was released at the World Economic Forum Annual Meeting in Davos, Switzerland, also states that RE100 members in the US are consuming the most renewable energy.
New data from Mercom Capital Group llc illustrates the challenge the solar sector experienced in 2016. Total corporate funding, which includes venture capital, private equity, debit financing and public offerings, came in at US$9.1 billion compared to US$25.3 billion in 2015.
The Alberta government is making it easier for businesses to tap into the power of the wind and sun. Under its revised micro-generation rules, the province is increasing the maximum size of projects from 1 MW to 5 MW and allowing outfits such as farms and university campuses to have multiple smaller deployments as part of a single installation.