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Southern Company Invests in Johnson Energy Storage

May 28, 2024 6:15pm. NORTHAMPTON, MA / ACCESSWIRE / May 28, 2024 / Southern Company. Southern Company, through a subsidiary, has made an early-stage investment in Johnson Energy Storage (JES

Areas of Interest: DOE Invests Nearly $7.6M to Develop Energy Storage

AOI 1 (Subtopic A): Design Studies for Engineering Scale Prototypes (hydrogen focused) Reversible SOFC Systems for Energy Storage and Hydrogen Production — Fuel Cell Energy Inc. (Danbury, Connecticut) and partners will complete a feasibility study and technoeconomic analysis for MW-scale deployment of its reversible solid oxide fuel cell

Technology group STRABAG invests 100 million euros into battery

The globally operating technology and construction group STRABAG invests in the development and production of secure, sustainable, and affordable energy storage solutions. By joining forces with storage producer CMBlu Energy, STRABAG is planning to speed up the development of specific large energy storage projects through

Mitsui & Co. invests in Arctic LNG 2 operating company

Mitsui & Co., through Japan Arctic LNG (J-Arc), has invested in Arctic LNG 2 LLC, the operating company for the Arctic LNG 2 project in Russia. Japan Arctic LNG is a Dutch corporation 75% owned by Japan Organization for Metals and Energy Security (JOGMEC) and 25% owned by Mitsui. On November 2, the Office of Foreign Assets

Goldman Sachs invests $250 million in Hydrostor to advance long

Goldman Sachs invests $250 million in Hydrostor to advance long-duration energy storage projects The investment is planned to support development and construction of Hydrostor''s 1.1 GW, 8.7 GWh of Advanced Compressed Air Energy Storage projects that are well underway in California and Australia, and help expand Hydrostor''s

Volvo invests in second-life battery energy storage company

Trucking news and briefs for Monday, June 20, 2022: Volvo Energy invests in second-life battery energy storage company. Volvo Energy announced a new investment in the UK-based, second-life battery

Cummins invests in energy storage technology company

Germany – VoltStorage, a well-known technology company that creates energy storage systems based on environmentally friendly redox flow technology, will receive a $24 million investment from Cummins.. VoltStorage was established in 2016 by Jakob Bitner, Michael Peither, and Felix Kiefl and has its headquarters in Munich,

Base Power

Base is a modern power company on a mission to make Texans'' power more reliable and affordable. Base customers save on their monthly electric bills and enjoy power without interruption through a battery-powered home energy service. When you switch to Base as your energy provider, you get a battery for 1/10 of the cost of other backup

7 Ways to Invest in the Energy Storage Boom | Investing | U.S.

The following seven investment ideas stand to benefit from the pending energy storage boom. There is no way to predict precisely how the landscape of utility and energy companies will evolve, but

Generac Expands Energy Storage Solutions with Acquisition

6 · Generac Power Systems (NYSE: GNRC) is a leading energy technology company that provides backup and prime power products and energy storage systems

UK: Ørsted invests in battery energy storage system co-located

12 Jun 2024. Ørsted has taken final investment decision on a battery energy storage system, which will provide stability to the UK energy supply and reduce price volatility. The Tesla battery energy storage system will be installed on the same site as the onshore converter station for Ørsted''s Hornsea 3 Offshore Wind Farm in Swardeston

ROUNDUP: Honeywell C&I launch, Wärtsilä fire

Additionally, the company has just released a new customisable Addressable Fire Alarm system for battery storage. Iberdrola invests in thermal energy storage startup. Iberdrola has invested €3 million (US$3.26 million) in a stake in Kyoto Group, a Norway-headquartered thermal energy storage startup.

Southern Company Invests in Johnson Energy Storage

May 28, 2024 2:00 PM ET. Southern Company. Southern Company, through a subsidiary, has made an early-stage investment in Johnson Energy Storage (JES). This investment reflects Southern Company''s long-standing commitment to provide clean, safe, reliable and affordable energy solutions to customers, as well as its commitment to supporting and

Seven Reasons Why Utilities Are Investing In Energy Storage

Here are seven of the most important. 1: Energy storage competition is heating up. One reason for the investments is that competition for energy storage companies is taking off, as more and more

KKR Invests in Avantus to Support Renewable Energy

During its 41-year history, EIG has committed over $47.1 billion to the energy sector through over 405 projects or companies in 42 countries on six continents. EIG''s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe.

Ørsted Invests in Battery Energy Storage System Co-located with

When complete, the battery energy storage system will be one of the largest in Europe. It is expected to be operational by the end of 2026. Duncan Clark, Head of UK & Ireland in Ørsted, said: "Our 12 operational UK offshore wind farms are providing a

Cummins Invests in Energy Storage Company VoltStorage

"By investing in VoltStorage, we are taking steps to advance solutions focused on the grid and energy storage. Addressing climate change will take a comprehensive approach and all stakeholders working together to execute it." Destination Zero is Cummins'' strategy to reach the company''s decarbonization goals.

This new Texas power company''s electricity comes with a home

The company plans to add a solar + storage offering "in the future." Texas is No. 1 in the US for the most power outages, and electricity prices across the state have almost doubled since 2017.

PowerSav Inc. Invests in Joint Venture Company to Enter China''s Energy

The joint venture company products and technology will be from ZBB Energy Corporation (NYSE Amex: ZBB), a globally recognized leader in storage and power management solutions.

Southern Company Invests in Johnson Energy Storage

NORTHAMPTON, MA / ACCESSWIRE / May 28, 2024 / Southern Company. Southern Company, through a subsidiary, has made an early-stage investment in Johnson Energy Storage (JES). This investment reflects

The 13 Best Energy Storage Stocks To Buy For June 2024

Energy storage stocks are companies that produce or develop energy storage technologies, such as batteries, capacitors, and flywheels. These technologies

Ardian Clean Energy Evergreen Fund (ACEEF) Invests in Finnish Battery Energy Storage

Ardian, a world leading private investment house, in partnership with its operating platform eNordic, today announces it has taken Final Investment Decision (FID) to build Mertaniemi battery energy storage project, a 38.5MW one hour utility scale battery energy storage system (BESS) in Finland, to support the Finnish power grid.

Koch Industries subsidiary invests US$100m in

Meanwhile, Eos Energy Enterprises, known as Eos Energy Storage prior to its merger with special purpose acquisition company (SPAC) B Riley Financial Corp, which led to its public listing earlier this year, manufactures Znyth, an aqueous zinc battery storage technology which the company claims is suitable for long-duration applications

4 Utility Stocks to Play the AI Data Center Boom | Morningstar

Miller and fellow Morningstar strategist Andrew Bischof see four stocks as best-positioned to benefit from data center growth: Entergy ETR. Southern Co. SO. Pinnacle West Capital PNW. WEC Energy

ROUNDUP: Honeywell C&I launch, Wärtsilä fire safety, Iberdrola invests in thermal storage

Thermal energy management company Spirax-Sacco will also make an undisclosed investment in the company. "Beyond the capital increase, the fact that both Iberdrola and Spirax-Sarco are vesting their plans, market access and credibility behind the commercialisation of Heatcube, opens up huge market opportunities and provides us

European telecoms networks'' 15GWh energy storage opportunity

On the technical side, physical size limitations for batteries can be a constraint for some base station sites." Elisa has published a whitepaper on telecoms networks and energy storage, available here. Energy-Storage.news'' publisher Solar Media will host the 9th annual Energy Storage Summit EU in London, 21-22 February 2024. This year it

Generac Expands Energy Storage Solutions with Acquisition

6 · Battery energy storage systems enable energy storage in multiple ways for later use. Various factors contribute to the need for energy storage, including the uptake of distributed solar, increased electrification of C&I facilities, rising utility rates, and

7 Ways to Invest in the Energy Storage Boom | Investing | U.S. News

The following seven investment ideas stand to benefit from the pending energy storage boom. There is no way to predict precisely how the landscape of utility

12 Best Energy Storage Stocks to Buy in 2024

Tesla wrote about its energy storage business in its Q4 shareholder''s letter: Energy storage deployments increased by 152% YoY in Q4 to 2.5 GWh, for a

Statoil invests in energy storage developer Convergent Energy + Power

Statoil joins five other strategic investors in Convergent Power + Energy. Image: Statoil / Øyvind Torjussen. A corporate venture fund set up by oil and gas company Statoil has invested in North American energy storage developer Convergent Energy +

DOE Invests $27 Million in Battery Storage

DOE also launched a new $9 million effort—the Energy Storage for Social Equity Initiative—to assist as many as 15 underserved and frontline communities leverage energy storage as a means of increasing resilience and lowering energy burdens. Together, this funding will help provide the materials needed to expand the grid with new,

SB Energy DevCo (US) Inc. | Climatebase

SB Energy deploys and invests in new technologies to make renewable energy more reliable and accessible, from our AI and digital capabilities to long-duration energy storage, such as iron-based battery company ESS, Inc. (NYSE: GWH) () SB Energy is committed to helping build strong, diverse, and inclusive teams and communities.

Cummins Invests in Energy Storage Company VoltStorage

"By investing in VoltStorage, we are taking steps to advance solutions focused on the grid and energy storage. Addressing climate change will take a comprehensive approach and all stakeholders working together to execute it." Destination Zero is Cummins'' strategy to reach the company''s decarbonization goals.

Ontario Teachers'' invests in energy storage company

The Ontario Teachers'' Pension Plan participated in a round of financing for Stem, Inc., an artificial intelligence-powered energy storage company headquartered in California. Activate Capital

Cummins invests in German energy-storage company

Cummins is investing $24 million in a German company developing energy storage systems with new battery technology. The Columbus-based engine manufacturer announced the investment in VoltStorage. The company is headquartered in Munich, Germany and develops battery solutions based on redox flow technology. The

MHI Invests in e-Zinc to Advance Long-duration Energy Storage

4 · TOKYO, June 28, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) announced today that it has invested in e-Zinc, Inc. (e-Zinc) a long-duration energy storage technology startup headquartered in Toronto, Canada. The investment has been executed through Mitsubishi Heavy Industries America, Inc. (MHIA), which joins a

Energy Storage Is the Next ''Mega Theme;'' These 2 Stocks

The second company we''ll look at, Fluence Energy, uses a modular system to build configurable, scalable energy storage. The base unit is the Fluence Cube, a standardized ''building block

Corporation co-owned by 13 Mi''kmaw communities invests in

A corporation co-owned by 13 Mi''kmaw communities is investing in new battery plants with Nova Scotia Power in what both parties are calling a step toward reconciliation. The project, announced

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