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Breaking News: Energy Storage Installations Set to Soar As Battery Costs Drop
Global energy storage systems are set to grow exponentially from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to BloombergNEF. BNEF estimates that the 122-fold increase in energy storage will require $662 billion of investment. In a report published on 7/31/19 by BNEF titled Energy Stoage Outlook 2019, the research company predicts a…
New Energy Storage Financing Program
Dynapower Announces New Financing Program to Accelerate the Adoption of Behind the Meter Energy Storage Nationwide Dynapower is proud to announce the introduction of our brand new energy storage financing program. We’ve partnered with Lease Corporation of America to bring system integrators and buyers of energy storage systems a financing program that saves money and…
Top 3 Considerations When Buying a New Rectifier
Rectifiers are power systems that convert alternating current (AC) to direct current (DC) power. The applications in which rectifiers are used are seemingly endless—with everything from metal finishing in the automotive and aerospace industries to mining, military defense and waste water treatment. When it comes to purchasing a new rectifier or determining if it would…
The Benefits of Energy Storage for Commercial and Industrial Facilities
Power management represents a critical area of interest for many industrial facilities. Energy costs can be a daunting operating expense for even small companies, so identifying economical options is a high priority for many managers and executives. One answer that has been growing in popularity and effectiveness is the installation of energy storage systems. Long-duration…
Renewable Energy Output Surpasses Coal for the First Time Ever
This past April marked the first month in U.S. history that renewable energy sources supplied more electricity than coal. Clean energy sources—including wind turbines, solar panels and hydroelectric dams—generated nearly 68.5 million megawatt-hours of power in April. Meanwhile, coal produced roughly 60 million megawatt-hours of power in the same time period, according to the Energy…
Dynapower Helping To Power eVTOL Aviation Revolution
In a nondescript building adjacent to the Burlington International Airport and minutes away from Dynapower’s manufacturing facility in South Burlington, Vermont, a quiet aviation revolution is underway. Kyle Clark and his team at Beta Technologies are fast at work developing a battery-powered electric airplane that could revolutionize global aviation and personal transportation. Dynapower is helping…
Energy Storage Benefits and Applications
Growing public awareness of the environmental impacts of fossil fuels alongside rising electricity and utility infrastructure costs, declining battery prices, and concerns over the capacity and resilience of energy grids is fueling the growth of energy storage installations worldwide. With the rise of energy storage—often coupled with renewables such as wind and solar—a new system…
Helping to Power the Copper Mining Industry
This week, Dynapower’s president, Adam Knudsen, visited ASARCO in Tucson, Arizona to discuss future projects. A subsidiary of Groupo Mexico, one of the major copper producers in the world, ASARCO’s copper refinery process is powered by Dyanpower’s high power rectifier. Dynapower is the world’s largest independent manufacturer of chopper and thyristor rectifiers for mining and…
Dynapower Launches DC-DC Converter Partner Program For Central Solar Inverter Manufacturers
Dynapower, the leading independent manufacturer of power electronics for energy storage, is pleased to announce the introduction of a DC-DC partner program for central, solar inverter manufacturers. The program enables participating central, solar inverter manufacturers to include Dynapower’s patent-pending DC-DC converters as part of their utility-scale offering. Dynapower was the first to commercially deploy DC-DC…
AC v. DC Coupling For Solar Plus Energy Storage Projects
North America currently has over 50 gigawatts of installed utility scale PV generation with many more gigawatts under construction. Utility scale solar will only reach its fullest financial and energy generating potential with the addition of energy storage, however. The majority of the utility scale PV base could expand energy production and increase revenues with…
Storage System Options to Maximize Production of Utility-Scale PV
NORTH AMERICA currently has over 20 GW of installed utility-scale PV generation with 2016 seeing the largest amount of PV installed to date with over 14 GW brought online. The majority of this installed utility-scale PV base could expand production hours and increase production with the addition of solar plus storage. Here we will examine…
Solar Plus Storage Cost Drivers
According to GTM Research, last year less than one-tenth of one percent of solar PV installations included battery storage. These stats may suggest that the market isn’t ready for storage yet, but the reality could not be more different. Early visionaries and advocates for the solar-plus-storage combination have generated a high level of industry attention…