The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and Clean Energy Group (CEG) have released the first comprehensive public analysis detailing the potential size of the commercial behind-the-meter battery storage market in the United States. NREL analyzed over 10,000 utility tariffs in 48 states, finding that more than five million of the 18 million commercial customers across the country may be able to cost-effectively reduce their utility bills with battery storage technologies.
HelioPower, Inc., a leading solar power integration firm based in California, announced this week that it has successfully completed its corporate and financial reorganization. The reorganization plan, under Chapter 11 of the United States Bankruptcy Code, substantially de-leverages the company’s ongoing business and stabilizes the financial health of the business.
Spanish industrial group Elecnor announced this week that it has been awarded a AUD 173 million (EUR 117.4 million) turnkey (EPC) contract for the second phase of the Bungala Solar PV project. The contract for the 137 MWp Bungala Two facility follows the award to Elecnor last April of the contract for the Bungala One plant. This latest contract win establishes Elecnor as the leading player in the Australian solar PV market.