GE's Reservoir platform is a flexible, compact energy storage solution that combines GE's advanced technologies and expertise in plant controls, power electronics, battery management systems and electrical balance of plant -- all backed by GE's performance guarantees.
With this California project, GE's largest in the U.S. to date, the company will reach a total of 495MWh in operations or construction in the battery energy storage space. (Source: GE Renewable Energy, PR, 25 Sept., 2019)
Contact: GE Renewable Energy, www.ge.com/renewableenergy, www.linkedin.com/company/gerenewableenergy, www.twitter.com/GErenewables; Comvergent Energy & Power, Frank Genova, COO, CFO, www.convergentep.com
More Low-Carbon Energy News GE Renewable Energy, Convergent, Energy Storage, Battery,
Convergent develops, owns and operates large-scale energy storage for industrial customers and utilities. The company self-fund its projects, raising $70 million to do so. Convergent also took the title for largest commercial and industrial storage project, with a 10-megawatt/20-megawatt-hour system in Ontario, Canada.
ECP acquired Convergent as part of its Fund IV. The company has been investing in a range of energy companies, including gas generator Calpine and residential solar company Sunnova. Financial details of the acquisition have not been revealed.
(Source: Energy Capital Partners , Website, 10 July, 2019) (Contact: Energy Capital Partners, Andrew Gilbert, email@example.com, www.ecpartners.com; Convergent, Johannes Rittershausen, (917) 508-0190, firstname.lastname@example.org, www.convergentep.com
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Convergent is the largest operator of energy storage solutions in Ontario, with 26 MW in service. Shell Energies North America provides comprehensive power services to industrial customers throughout North America, including Ontario. Under the partnership agreement, Convergent's energy storage solutions will be offered to existing Shell Energy North America customers in Canada. (Source: Convergent, PR, 8 May, 2019) Contact: Convergent, Johannes Rittershausen, CEO, 917.508.0274, email@example.com, www.convergentep.com; Shell New Energies, Eric Bradley, GM,
More Low-Carbon Energy News Convergent, Energy Storage,
In the first transaction, Rockland Power Partners sold two 20 MW flywheel energy storage projects -- the Stephentown project located in Stephentown, New York and the Hazle project located in Hazle Township, Pennsylvania, to affiliates of Convergent Energy and Power, LP. The fully operating projects serve the New York Independent System Operator (NYISO) and PJM Interconnection grids.
In the second transaction, Rockland Power Partners sold all of the equity interests in Beacon Power, LLC, which operates a flywheel energy storage business and owns certain technology, intellectual property, patents and manufacturing equipment related thereto, to RGA Investments, LLC.
Both transactions closed on April 27, 2018. (Source: Bracewell LLP, PR, 4 May, 2018) Contact: Rockland Power Partners, Rockland Capital, (281) 863-9000, www.rocklandcapital.com; Beacon Power, www.beaconpower.com; Convergent Energy and Power, (917) 508-0190, firstname.lastname@example.org, www.convergentep.com
More Low-Carbon Energy News Beacon Power, Flywheel, Energy Storage,
With this acquisition, Convergent Energy + Power is now the largest pure-play operator of energy storage in North America, according to the company release. (Source: Convergent Energy + Power, PR, May, 2018) Contact: Convergent Energy + Power,
(917) 508-0190, email@example.com, www.convergentep.com
More Low-Carbon Energy News Flywheel, Energy Storage, Convergent Energy ,
Convergent installed the system on a "pay for performance" shared savings agreement whereby Convergent financed, built and manages the 8.5MWh project and shares the savings.
(Source: Convergent Energy Energy Storage, 30 Nov., 2017) Contact: Convergent Energy, Johannes Ritterhausen , CEO, (917) 508-0190, www.convergentep.com; Husky Injection Molding Systems, www.husky.co
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Construction on the complex began in December. The facility is expected to be fully operational by mid August.
The facility was built with engineering and construction support from the PUC, General Electric, Whitby Hydro, S&T Group, JB Excavators, SalDan Construction, STEM Engineering Group, WSP, and N-Sci Technologies. (Source: Convergent Energy + Power, Sootoday, 19 July, 2017)
Contact: Convergent Energy + Power, Johannes Rittershausen, CEO, Robin Gray, VP Operations, (917) 508-0190, firstname.lastname@example.org, www.ConvergentEP.com; Ontario IESO, John Cannella, (416) 506-2823, www.ieso.ca
More Low-Carbon Energy News Convergent Energy, IESO, Energy Storage ,
In October, 2016, the fund invested in 2 storage projects and participated in financing 12MW of energy storage in Ontario, Canada -- a 5MW flywheel-based project and a 7MW lithium-ion battery system. Both of those projects are being executed by US developer Convergent Energy and Power.(Source: SUSI Energy Storage Fund, Energy Storage, SUSI Partners, 4 April, 2017) Contact: SUSI Partners, SUSI Energy Storage Fund, Dr. Tobias Reichmuth, CEO, +41 41 500 01 75,
More Low-Carbon Energy News Energy Storage, ,