Under the agreement, NEC will provide a GSS energy storage solution that will include 3.4 MWh of containerized lithium ion batteries, a 3 MW power conversion system and the AEROS controls software suite. NEC will also provide service and maintenance.
Nearly 30,000 workers are working to restore electricity to approximately 1.2 million customers of Edison Electric Institute member companies, the organization reported this weekend.
Republican leaders of key financial panels in the House and Senate are seeking an expanded review of renewable energy tax credits being received by companies in both the utility-scale and rooftop solar business.
Constellation completed its acquisition of the retail electricity and natural gas business from ConEdison Solutions.
Mon Power and Potomac Edison, subsidiaries of FirstEnergy, asked West Virginia regulators to recover costs for emission control projects at two coal-fired power plants.
Crius Energy Trust planned the acquisition of certain assets from SunEdison Inc. by its subsidiary, Crius Solar LLC.
Constellation, a subsidiary of Exelon Corp., signed a definitive agreement with a unit of Consolidated Edison (NYSE: ED) to acquire its retail electricity and natural gas business.
The energy storage market has grown significantly in recent years. Battery costs have dropped 75 percent in the last six years.
For its development of a grid-scale, battery-based energy storage platform, AES Corp. was awarded Tuesday the Edison Electric Institute’s 2016 International Edison Award, the power sector’s most prestigious award.
American Electric Power (AEP) was today awarded the 2016 Edison Award by Edison Electric Institute (EEI). A panel of former electric company CEOs selected AEP from among multiple award finalists.