Tag Archive for: solarsystem

US energy storage industry has met many milestones in recent years, but 2023 should be a banner year for battery adoption across all markets.

With more compensation and incentive options, energy storage adoption is on the rise

The U.S. energy storage industry has met many milestones in recent years, but 2023 should be a banner year for battery adoption across all markets. Thanks to the new storage investment tax credit (ITC), systems of any size have access to a 30% installation credit.

Research firm Wood Mackenzie is forecasting 59.2 GW of energy storage capacity to be added through 2026, up from the market’s 13.5-GW cumulative capacity in 2022.

“The U.S. energy storage industry is reaching maturity,” said Jason Burwen, VP of energy storage at the American Clean Power Association, in a press release. “Energy storage is now regularly being installed at over 1 GW per quarter. Combined with the tailwinds of newly available tax credits from the Inflation Reduction Act, the question for investors and grid operators now is not whether to deploy storage, but how much storage to deploy — and how fast.”

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Source: Solar Power World

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Inseanergy recently installed its first commercial installations after completing a pilot project with Hofseth International's fish farm.

Floating solar tech for aquaculture

Inseanergy, a Norway-based renewables developer, has built a floating solar platform for use in aquaculture projects. The SUB Solar system is installed on recycled fish-cage float rings and can be used in combination with onshore power supplies to reduce the need for diesel generators, which are traditionally used to power fish farms. It also allows for excess electricity to be sold to the grid.

The floating solar system is particularly suitable in combination with hybrid system solutions that pair batteries with downsized diesel generators, according to the company.

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Source: PV Magazine

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The latest disaster illuminates how much progress Puerto Ricans have made toward energy resilience and how far the island still has to go.

Solar is lifeline in Puerto Rico after Hurricane Fiona knocks out power

Just two days before the five-year anniversary of Hurricane Maria, Puerto Ricans received a brutal reminder of how vulnerable the island’s central electricity system remains. On Sunday, Hurricane Fiona slammed into the U.S. territory, bringing feet of rain and catastrophic flooding. All of the nearly 1.5 million utility customers initially lost power.

In a moment that was a bit too on the nose, Pedro Pierluisi, the governor of Puerto Rico, was briefing residents just ahead of Fiona’s landfall when the power suddenly went out in the conference room. Although service has since been restored to some customers and critical facilities like hospitals, it may take several days to fully restore power due to the ​“magnitude and extent” of the blackout, said Luma Energy, which operates the island transmission and distribution system.

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Source: Canary Media

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