January 7, 2022
FlexGen putting 40MW of battery storage at substation sites for North Carolina electric cooperatives
FlexGen Power Systems will deploy 10 battery energy storage systems (BESS) for electric cooperatives in North Carolina, the energy storage technology provider and systems integrator’s home state.
The systems, adding up to 40MW in total, will each be deployed for a different not-for-profit cooperative group and most will be in rural areas of the southern US state.
The deal has been signed with the group North Carolina’s Electric Cooperatives, which represents the state’s 26 cooperative groups and their million customers in 93 counties.
The battery systems will be charged during periods of low electricity demand and discharged when demand peaks and is more expensive — and often more fossil fuel and carbon intensive. North Carolina’s Electric Cooperatives said the batteries will increase reliability of the electricity suppliers’ networks and lower electricity and running costs.
Other insights you may like
October 31, 2024
IOTA Software Inc. Announces $10.4 Million Series A2 Funding Led by Altira Group
Altira Group Leads $10.4M Series A2 Funding for IOTA Software to Advance Data Visualization in Industrial and Energy Sectors.
iotasoft.com
October 9, 2024
Optimizing Operations and Reducing Downtime
Overcoming business challenges in the energy industry—such as cybersecurity threats, a complex regulatory environment, inflation, and supply chain bottlenecks—requires thinking...
Read More
September 9, 2024
Exploring the Importance of Adaptability and Innovation in Navigating Changing Landscapes
Twenty years ago, the energy industry looked much different than it does today; the same could be said for the next 20 years. Emerging markets need reliable, renewable, low-carbon energy sources to propel their growth as the global economy gravitates toward sustainable energy solutions. Geopolitical instability also threatens grid centralization, requiring businesses to consider decentralizing their assets.
Read MoreOther insights you may like
October 31, 2024
IOTA Software Inc. Announces $10.4 Million Series A2 Funding Led by Altira Group
Altira Group Leads $10.4M Series A2 Funding for IOTA Software to Advance Data Visualization in Industrial and Energy Sectors.
iotasoft.com October 9, 2024
Optimizing Operations and Reducing Downtime
Overcoming business challenges in the energy industry—such as cybersecurity threats, a complex regulatory environment, inflation, and supply chain bottlenecks—requires thinking...
Read More September 9, 2024
Exploring the Importance of Adaptability and Innovation in Navigating Changing Landscapes
Twenty years ago, the energy industry looked much different than it does today; the same could be said for the next 20 years. Emerging markets need reliable, renewable, low-carbon energy sources to propel their growth as the global economy gravitates toward sustainable energy solutions. Geopolitical instability also threatens grid centralization, requiring businesses to consider decentralizing their assets.
Read MoreStay Ahead with
Expert Industry
Knowledge
Subscribed! Thank you.