As Greentech Media reported, Duke Energy has unveiled a $30M investment in energy storage as a part of their North Carolina grid modernization effort. This news is in line with a recent SEPA study where 80% of Utility respondents said they are currently implementing or considering battery storage. See our Facebook page for more details.  

 

 Maryland is one of a growing number of states that are realizing the positive potential of energy storage. Now, the same tax credit afforded to solar customers is making its way to energy storage products! Contact us to find out which incentives may be available in your area. 

http://www.renewableenergyworld.com/articles/2017/04/maryland-s-energy-storage-tax-credit-gaining-momentum-across-america.html?cmpid=enl_rew_energystoragenews_2017-04-20&email_address=This email address is being protected from spambots. You need JavaScript enabled to view it.&eid=377004044&bid=1730071

 

"The General Assembly of Maryland just passed a bill that would provide a 30 percent tax credit to those who chose to utilize energy storage technology, making it the first state in the country to pass such legislation. The funds provided by the bill would last from 2018 to 2022.

The bill includes a cap of $5,000 for residential storage projects, while for commercial projects, the cap is set at $75,000. The state government has allocated a total of $750,000 per year to be used in credits.

The Energy Storage Association cites that 2016 saw over 100 percent growth in commercial energy storage systems year-over-year. That same year, associated costs plummeted 30 percent. This trend would indicate that more and more individuals (both commercially and residentially) see the benefit of decentralized storage solutions.

 

As it stands, the bill will be presented to Maryland Gov. Larry Hogan for final approval. But so far, support has been firm — the bill passed the state Senate unanimously; in the House by 101-11 votes. This should be enough to endure a veto from the governor’s mansion."

We partner with industry-leading companies looking toward the future of smart, affordable energy storage. Sonnen is a global leader who has brought their expertise and quality to Atlanta, GA. I will be touring the facility in a few weeks and look forward to any questions you may have on this innovative company. We are proud to offer their products and the support available from highly-trained engineers and technicians is first-class.

 

https://sonnenbatterie.de/en-us/sonnen-increases-investment-growing-us-energy-storage-market-sonnenbatterie-manufacturing-and

 

February 15, 2017 (Los Angeles, CA)  sonnen, the global market leader in intelligent residential energy storage, today announced a significant investment in a new North American Innovation Center that combines the company’s U.S. manufacturing operations and product research and development in a single facility. The sonnen InnovationHub is expected to begin production of sonnenBatterie products in the second quarter of 2017, and will enable sonnen to rapidly innovate and produce award-winning sonnenBatterie systems for the U.S. market in one central location in Atlanta, GA. 

By combining all the U.S. product development and manufacturing capabilities under one roof, the new facility will help sonnen capitalize on its expertise in new product innovation for homeowners, utilities, and new business channels and enable the company to quickly ramp up production capacity, ultimately making energy storage more affordable.

“sonnen U.S. has experienced exponential sales growth over the past year, making the sonnen InnovationHub a smart investment to capitalize upon the immense potential of the North American energy storage market,” said Christoph Ostermann, sonnen Group CEO. “We expect that linking our U.S. manufacturing and R&D teams in one facility will increase the rate of product innovation, and enable us to better adapt to the future needs of the high-growth U.S. residential energy storage market.”

 

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