News Releases

By Business Insider
on 10/24/2017
  • battery storage
  • energy storage
  • battery technology
North Carolina-based utility provider Duke Energy is betting on the rise of increasingly efficient battery technology to propel the rise of solar and wind power over the next five years, according to a new report by Forbes. There's going to be a lot of excitement around batteries in the next five years. And I would say that the country will get blanketed with projects Duke Energy business development managing director Spencer Hanes said on Thursday as part of a... read more...
By Futurism
on 10/23/2017
  • energy storage
  • battery storage
Renewable energy is, undeniably, on the rise: solar and wind farms are popping up in the U.S., Europe, China, and Australia, while many companies are planning to source 100 percent of their energy from renewables. Side-by-side with this growing interest in clean energy are equally increasing energy storage needs. According to Spencer Hanes, a business development managing director at the North Carolina-based utility provider Duke Energy, batteries—like Tesla’s Powerwall and Powerpack—are going to take over the U.S. electric grid in five years. read more...
By Forbes
on 10/22/2017
  • energy storage
  • battery storage
  • energy storage projects
Five years. That's how soon batteries can be expected to sprout all over the electric grid as utilities and homeowners drop in on a wave of falling prices, a Duke Energy executive said in Chicago Thursday. "There's going to be a lot of excitement around batteries in the next five years. And I would say that the country will get blanketed with projects," said Spencer Hanes, a managing director of business development with the Charlotte, North Carolina-based utility. "With the... read more...
By North American Clean Energy
on 9/15/2017
  • solar savings
  • solar savings software
  • solar policy
Despite the solar market's impressive trajectory over the past decade, there is still a significant amount of growth needed before solar, and renewables in general, make up a substantial portion of our energy generation. As the solar market continues to mature, the policy landscape becomes increasingly complex, with the implementation of new regulations, Net Energy Metering (NEM) rules, and less favorable utility rate structures. This complicates the solar value read more...
By Renewable Energy World
on 9/7/2017
  • solar savings software
  • energy storage
Renewable Energy World recently reported on a potential solar software update that was called "game changing" for energy storage. Now that update is here. Energy Toolbase says that its software release was designed to take an objective, third-party approach to quantifying the savings for different types of energy storage system providers. Key project variables users can define in the new release are read more...