new energy storage layoffs

China Focus: New energy-storage industry booms amid China''s …

The rapid growth of renewable energy generation has created a large market demand for energy storage facilities. By the end of the first quarter of 2024, the …

Inside Clean Energy: Unpacking California''s Controversial New …

The $3,900 motor, called the Eluminator e-crate, is part of a growing array of systems that can be used to convert old gasoline vehicles to run on electricity, as Christine Negroni writes for The ...

Stem Lays Off Workers Amid Strategic Shift Toward Software

Stem helped break open the market for commercial storage. Leading U.S. commercial energy storage startup Stem laid off employees at the end of April, sources familiar with the situation told GTM ...

Duke Energy confirms layoffs as part of clean energy reorganization plan. What we know | Energy …

One of Charlotte''s largest employers is making job cuts, citing a company reorganization. Duke Energy, which has nearly 28,000 employees, confirmed the layoffs on Monday. Duke Energy declined to say how many workers will lose their jobs or when, but said "we expect limited workforce impacts across our service territories." "Duke Energy …

Energy Storage | Department of Energy

Energy Storage Grand Challenge: OE co-chairs this DOE-wide mechanism to increase America''s global leadership in energy storage by coordinating departmental activities on the development, commercialization, and use of next-generation energy storage technologies.; Long-Duration Energy Storage Earthshot: Establishes a target to, within …

Borrego Completes Spin Off and Sale of Solar and Energy Storage ...

Headquartered in Lowell, Mass., New Leaf Energy has a large pipeline of 450 projects, comprising more than 8.5 GW of solar and 7 GW and 28 GWh of energy storage projects.

Asset Performance Management Software for Wind, Solar, Energy Storage

Nispera optimizes wind, solar, hydro, and storage assets from any technology provider. Nispera''s cloud-based software integrates data across asset classes and OEM technologies to streamline communications and uncover hidden performance issues. Avoid the pitfalls of closed systems and vendor lock-in with software designed to work across your ...

This article first introduces the relevant support policies in electricity prices, planning, financial and tax subsidies, market rules, etc., in Europe, the United …

Novi battery startup Our Next Energy lays off more workers

View Comments. Novi battery startup Our Next Energy Inc. again is laying off workers after cutting a quarter of its staff and instituting a new CEO late last year. The latest reduction includes 37 ...

New York bets on long-duration energy storage with $15M …

New York Gov. Kathy Hochul, D, has issued nearly $15 million in funding to four long-duration energy storage demonstration projects, the New York State Energy Research and Development Authority ...

Our Next Energy Lays Off 25% of Workforce, Citing ''Market …

Our Next Energy Inc., the battery startup led by Apple Inc. veteran Mujeeb Ijaz, is laying off about 25% of its workforce, the latest sign of distress in a market grappling with high interest...

Borrego sells its solar and storage development …

Follow @EngelsAngle. Borrego has spun off and sold its solar and energy storage development business to maximize its focus on engineering, procurement, and construction (EPC) work. Energy …

Form Energy closes its biggest deal yet for… | Canary Media

Form Energy, one of the best-funded startups tackling the challenge of long-term clean energy storage, closed a " definitive agreement" to sell its largest system yet to utility Georgia Power.. Form is in the process of commercializing its iron-air battery, which it says will economically store clean power for delivery over 100 hours straight. If …

AES prepares for layoffs at US utilities as part of wider restructuring ...

As of November 2017, about 37% of AES'' power production came from coal. The company''s goal is to reduce that to 33% by the end of 2020. These goals could also be seen in AES'' joint venture ...

New energy-storage industry booms amid China''s green drive

According to a report recently issued by China Energy Storage Alliance, the world''s newly installed capacity of new energy storage reached a record high of …

New Energy Storage Technologies Empower Energy Transition

Based on a brief analysis of the global and Chinese energy storage markets in terms of size and future development, the publication delves into the relevant …

First Solar Plans Restructuring, Cuts Manufacturing Line and …

News on November 16 that U.S. thin-film solar module manufacturer First Solar was planning to lay off a significant portion of its workforce, cancel its series 5 module production line and restructure the company hit the industry hard, especially since the news came just one week after the U.S. presidential election in which Trump was elected.

California rooftop solar had a tough year following NEM 3.0. Can …

State solar and storage companies have, or planned to, cut down on 17,000 jobs by the end of 2023, thanks to the state''s new net energy metering framework — dubbed NEM 3.0 — a survey in late ...

China to ban large energy storage plants from using retired EV …

China''s top energy policymaker released new regulations on Tuesday to ban large energy storage plants from using used automotive batteries following several …

Companies that announced Major Layoffs and Hiring Freezes

February 2024. Bell Media is ending multiple television newscasts and making other programming cuts after its parent company announced widespread layoffs and the sale of 45 of its 103 regional radio stations. The company will lay off around 4,800 jobs. Fewer than 10 percent of the total job cuts are at Bell Media.

Impact of NEM-3 on California''s Renewable Energy Progress …

We are launching the solar and storage industry into the future so that it can support the modern grid. The new tariff promotes solar systems and battery storage with a focus on equity and advances the new clean energy technologies we need to meet our climate goals and help ensure grid reliability." - CPUC Press Release, December 15, 2022

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e-Zinc powers up with $42 million CAD to validate energy storage ...

4 · Toronto-based e-Zinc has raised $42 million CAD ($31 million USD) in new funding as it gears up for field demonstration projects of its long-duration energy storage solution.. The round, which e-Zinc classified as follow-on funding to its 2022 Series A round, was led by Evok Innovations, with support from Mitsubishi Heavy Industries, the Crown …

Form Factory 1 | Form Energy

Form Factory 1 is Form Energy''s first high-volume battery manufacturing facility located in Weirton, West Virginia at the site of the former Weirton Steel plant. The facility will ultimately employ more than 750 people and will have an annual production capacity of 500 megawatts of batteries when operating at full capacity.

Energy storage – the next challenge in the energy transition

Energy storage bridges the gap by enabling surplus renewable energy generated at peak times to be stored and used later when energy demand is high (but renewable capacity is …

Enphase Microinverter Course Correction Includes Layoffs of …

Eric Wesoff November 05, 2015. Enphase Microinverter Course Correction Includes Layoffs of 7% of Staff. 188. As we''ve reported, the contrasts are stark for Enphase and SolarEdge, the two leaders ...

The development of new energy storage is accelerating.

Looking forward to 2024, China''s energy storage industry will continue to develop rapidly under the continuous promotion of the "14th Five-Year Plan" energy …

Duke Energy confirms layoffs as part of clean energy …

One of Charlotte''s largest employers is making job cuts, citing a company reorganization. Duke Energy, which has nearly 28,000 employees, confirmed the layoffs on Monday. Duke Energy declined to say how many workers will lose their jobs or when, but said "we expect limited workforce impacts across our service territories." "Duke Energy …

Pure Storage Newsroom | Pure Storage

BLOG Pure guarantees energy efficiency SLA with the greenest storage on Earth. Sales (800) 976-6494. US / EN. Sales (800) 976-6494. Choose Your Region ... Pure''s big reveal at Pure Storage//Accelerate includes the first AI copilot for storage, new storage-as-a-service (STaaS) SLAs to fight ransomware and the next generation of Pure …

Next step in China''s energy transition: storage deployment

4 · In China, generation-side and grid-side energy storage dominate, making up 97% of newly deployed energy storage capacity in 2023. 2023 was a breakthrough year for industrial and commercial energy storage in China. Projections show significant growth …

A hemp-based battery technology could ease pain of Energizer layoffs …

Plant could employ up to 600 union workers. If the project pans out, the company will employ as many as 600 union workers, build 300,000 square feet of manufacturing space, and also bring ...

Layoffs at LightSail, Khosla-Funded Compressed-Air Energy Storage Startup …

LightSail, a Khosla Ventures- and Bill Gates-funded energy storage startup has had significant layoffs, according to a source close to the company. The CEO of the firm, Steve Crane, confirmed that ...

Layoffs at SunEdison as Investors Question the Renewable Energy ...

Investor confidence had been wavering for some time. Many were having a hard time understanding SunEdison''s acquisition spree -- specifically, the $2.2 billion purchase of the residential ...

Global news, analysis and opinion on energy storage …

California utility SCE seeks approval for 750MW of energy storage resource adequacy contracts. SCE is seeking approval from the California Public Utilities Commission of two new RA agreements …

Cypress Creek Issues Layoffs in Pivot to Growth …

7. Cypress Creek Renewables, a leading U.S. utility-scale solar developer, has issued a round of layoffs impacting roughly 20 percent of its workforce, according to sources familiar with the ...

A new energy economy is emerging – World Energy Outlook 2021 – Analysis

A new energy economy is emerging. There are unmistakeable signs of change. In 2020, even as economies sank under the weight of Covid-19 lockdowns, additions of renewable sources of energy such as wind and solar PV increased at their fastest rate in two decades, and electric vehicle sales set new records. A new energy economy is coming into view ...

Swiggy planning fresh layoffs; may cut 8-10% from 6000-strong …

Swiggy is considering another round of layoffs amid a funding slowdown. In order to rationalise costs the food and grocery delivery platform is planning to slash 8-10 per cent of its 6,000-strong workforce, The Financial Express reported on …

NRG Builds NRG Stadium a Solar-powered Eco Sport Venue

The efficient and renewable energy installations include solar panels, mobile phone power stations, electric vehicle charging stations, outdoor roof lighting and energy-efficient LED lights, making NRG Stadium the first professional sports venue in Texas to draw upon these advanced features.

New CEO, CFO look to charge up Durham-based energy storage firm FlexGen ...

A new report from IHS Markit, which aims to provide critical information, analytics, and solutions, predicts global utility-scale energy storage installations are set to double year-over-year ...

California NEM 3.0: Layoffs and closures set in six months after …

A survey of California solar and storage companies found 17,000 jobs have or will be lost by the end of 2023 due to the recent net metering changes, CALSSA said. The job loss represents 22% of all solar jobs in California. An additional 59% of residential solar and storage contractors anticipate further layoffs, and another 11% are …

Fluence Energy, Inc. Announces Closing of New $400 Million …

ARLINGTON, Va., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) ("Fluence" or the "Company"), a leading global provider of energy storage products and services and ...

Layoffs at SunEdison as Investors Question the Renewable Energy …

Update: In an 8-K filed Monday, SunEdison said it will cut 15 percent of its workforce -- 5 percent higher than what was mentioned in the memo. SunEdison will hold an investor call on Wednesday at ...