Competition in the young energy storage market is heating up.
SunEdison's announcement today to buy an energy storage startup is the latest example.
It's a good time to see who the other developers in this market are, driven by federal rules and state authorizations.
Not only that, but it also needs more things, including lower cost technologies and project development and construction costs. term.
The market is growing at a good rate.
According to a report from GTM Research today, 61.
In 2014, the United States installed 9 MW of new energy storage projects, with sales of $0. 128 billion, an increase of 40% over 2013.
The market may have quadrupled by another 220 in 2015. 3 megawatts.
Most of the energy storage projects installed in 2014 use lithium-
The average price to install each energy storage system is $2,064 per kilowatt.
Here is a list of project developers you should know: 1.
SunEdison: purchase solar grid storage to develop projects for commercial and utility customers.
It already offers solar energy and batteries in India. 2.
SunPower: It works with SunVerge, a provider of battery systems and management software, and is running a pilot project with KB Home.
SunPower has no reason not to create an energy storage project for commercial and utility customers as it has built solar projects in both market areas. 3.
SolarCity: since the company is the largest residential solar installation company in the country, it's not surprising that it also wants to sell energy storage services to homeowners.
But now the housing market is the hardest to crack because homeowners don't have much financial incentive to pay for energy storage.
The company is also selling its services to commercial and utility customers. 4.
Tesla Motors: Tesla CEO Elon Musk recently commented that Tesla has positioned itself as a project developer, not just a supplier of battery systems.
Of course, Tesla wants to find as many customers as possible from the battery packs it produces at a large factory built by Renault, we will soon be able to hear some announcements about the use of its batteries in commercial and utility projects.
Tesla offers batteries to SolarCity, and Musk talked in last May about designing cool battery systems for homes. 5.
State-of-the-art micro-grid solution: The startup came out of nowhere and signed a 50 MW contract with Southern California Edison.
It did not build any projects until it won these contracts.
Its executives have strong energy.
Relevant government positions, working in public utilities.
Its consulting firm invests in Tesla's venture capital firm.
Advanced micro-grid is an interesting company to pay attention. 6.
Stem: another startup that has completed the project and attracted equity in venture capital companies of large energy companies such as Total and Exxon, and in addition, hedge funds have pledged to invest $100 million in development and construction projects.
The financing fund for this project is the largest I have ever seen.
Last fall, it signed two contracts with Southern California Edison for a total of 85 MW. 7.
AES Energy Storage: just because it is building a project, you can think of AES as a "veteran" in the energy storage industry, as has been the case with large projects for several years.
Completed 32-
MW or 8 MW-
In 2011, the project was located next to the wind farm in West Virginia and a 100 MW project was built in the United States.
It has also done several projects in Chile.
It is supported by AES, a generator and distributor with power plants all over the world.
Energy storage is currently working to deliver 100-
Signed a MW contract with Southern California Edison. 8.
Green Smith: This startup has a good list of utilities and other business customers in North America and Australia.
Like some competitors, Greensmith's goal is to manage the health of the battery system by developing good software and to control the charging and discharging of the battery system for different types of services, thus9.
Coda Energy: The company was founded after the bankruptcy of an electric vehicle manufacturer in 2013, and there are a number of projects that need to be shown. 10.
Green charging network: The startup also targets businesses and sells its energy storage services as a way to cut energy costs.
In 2014, the company raised $10 million for the project and $56 million for venture capital. 11.
Nexus Energy Resources: The company is a large power producer and distributor with a batch of wind and solar power plants.
It's also developing energy storage projects to sell power grids.
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