October 21st, 2016
This week’s TOP 5 includes $85million raised by Sonnen, a 3.9MWh project by NEC Energy Solutions in Massachusetts, a large scale PV-wind-storage project in Australia, $23million being raised by Eos, and the installation of a 1MW battery system by Lockheed Martin in New-York.
- Sonnen has obtained US$85 million in its fourth financing round. New investors include Chines wind turbine manufacturer Envision and Czech utility Cez.
- « NEC Energy Solutions announced that it is supplying the Sterling Municipal Light Department (SMLD) of Sterling, Massachusetts, with a 2MW, 3.9 MWh energy storage solution. ». The project was partly funded by the DoE.
- « The Australian Renewable Energy Agency (ARENA) has committed up to AU$18 million in funding to build the first phase of a AU$120 million solar-wind-storage project. This project will consist of 19.2MW of solar PV, 21.6MW of wind and 2MW of battery storage. »
- Eos is raising $23million in a third investment round, in order to fund the scale up of its manufacturing capability.
- Lockheed Martin has installed a 1MW Li-ion based energy storage system at the company’s Syracuse, New York, facility. The system will reduce electricity bills and will also provide services to the New York Independent System Operator (NYISO). Green Charge Networks will operate the system.