12 November 2015 2015 01:35 AM GMT

RES Completes Two Energy Storage Projects

Renewable Energy Systems Americas Inc. has completed the Jake Energy Storage Center and Elwood Energy Storage Center in the Chicago area.

The two grid-scale energy storage projects are among the largest, fully commercial stand-alone battery storage projects in North America and help bring RES’ total construction portfolio to 77MW.

RES developed and constructed the two energy storage systems, each with 39.6MW of operating capacity, the ability to store 7.8 megawatt-hours of energy, and a nameplate capacity of 19.8MW. The Jake Energy Storage Center is located in Joliet and the Elwood Energy Storage Center is located in West Chicago.

RES and Prudential Capital Group closed on the financing of the Jake and Elwood Battery Storage Projects on October 22, 2015. “The Jake and Elwood projects represent the cutting edge in commercial energy storage development,” said Glen Davis, Chief Executive Officer of RES. “These projects will work to ensure high-quality and reliable power to the local communities and across the region while fitting seamlessly into the local community and grid.”

August 16th 2019
Corporate Sourcing of Renewables Growing, Taking Place in 75 Countries

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to the report from the International Renewable Energy Agency (IRENA). With the continued decline in the costs of renewables, the report suggests, corporate demand will continue to increase as companies seek to reduce electricity bills, hedge against future price spikes and address sustainability concerns.

August 9th 2019
Arsenal Unveil Battery Storage System: First Of Its Kind At A UK Football Club

Arsenal Football Club has unveiled a battery storage system (BSS) to store enough energy to run the 60,000 seater Emirates Stadium from kick-off to full time. It follows a unique collaboration with Pivot Power to install a 2MW/2.5MWh lithium ion BSS, with funds managed by Downing LLP. The project, the first of its kind in the UK, will also save club money as it works to support low-carbon plans. The BSS allows Arsenal to avoid peak power prices, buying electricity when it is cheap and storing it for use when prices are high. Typically, energy can cost three times more at peak times than overnight. The installation maintains Arsenal as the leader in sustainability in sport following its commitment to clean energy with Octopus Energy in 2016.

August 12th 2019
Battery Boom: Wind And Solar Can Generate Half Of Worldwide Electricity By 2050

Coal is to shrink to just 11% of global electricity generation by mid-century, from 38% now, as costs shift heavily in favour of wind, solar and batteries. Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 due to reductions in cost. “Cheap battery storage means that it becomes increasingly possible to finesse the delivery of electricity from wind and solar so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.”

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