Maine Introduces $3 Million Commercial Energy Storage Incentive

While some state incentive programs for commercial energy storage may fall short in terms of financial reward to spur the adoption of new capacity, Efficiency Maine has introduced a game-changing initiative. This program provides participants with the potential to save up to $3 million over five years. What is the Energy Storage System Program? Efficiency […]

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Harnessing the Power of AI Technology for Commercial Solar Applications

Commercial Energy, Commercial Solar, Demand Management, Energy Management, Energy Storage, Facility Management, Industry Insights, Renewable Development, Renewable Energy, Solar Energy / Elise Vahle

In recent years, the use of artificial intelligence (AI) technology has revolutionized various industries, including the commercial solar sector. AI offers advanced capabilities that enable more efficient solar energy production, improved maintenance, and enhanced overall performance. This article explores the numerous applications of artificial intelligence tech for commercial solar, highlighting its potential benefits and the

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Top 10 States Investing in Renewable Energy

Commercial Energy, Commercial Solar, Energy Storage, Going Green, Industry Insights, Investments, Renewable Energy, Solar Energy, Sustainability / Elise Vahle

In a world where environmental concerns and sustainable practices are gaining increasing importance, the shift towards renewable energy sources has become a top priority for many states in the United States. This article explores the top 10 states that have made significant investments in renewable energy, showcasing their commitment to a cleaner and greener future.

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inflation reduction act solar panel array

$150 Billion in Funding and 46 New Clean Power Manufacturing Facilities Announced Since Inflation Reduction Act, says American Clean Power Association

Commercial Energy, Commercial Solar, Energy Storage, Industry Insights, Inflation Reduction Act, Renewable Energy / Elise Vahle

The American Clean Power Association recently announced a massive increase in clean power manufacturing facilities since the Inflation Reduction Act was passed. The act provided funding of $150 billion which has been used to establish 46 new manufacturing facilities across the United States. This has resulted in a significant increase in the production of clean

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How Much Does Commercial Energy Storage Cost?

Commercial Energy, Commercial Solar, Energy Economics, Energy Financing, Energy Storage, Renewable Energy / Elise Vahle

Commercial energy storage has become an essential aspect of energy management for businesses of all sizes. It not only helps businesses to become more energy-efficient, but it also provides cost savings in the long run. However, the cost of commercial energy storage is a significant factor that businesses need to consider. The cost of commercial

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Impact Investing into Energy Storage Provides Inflation-Proof Investment

Commercial Energy, Commercial Solar, Energy Economics, Energy Storage, Industry Insights, Investments, Renewable Energy, Solar Energy / Elise Vahle

Investors are starting to shift their focus to impact investing– a way to invest in companies, organizations, and funds that have a positive environmental or social impact while also earning financial returns. Investing in energy storage solutions is a promising area of impact investing, which has gained momentum in recent years. Energy storage systems provide

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Inflation Reduction Act solar farm and renewable energy field

Long-term Outlook on the Inflation Reduction Act: What Renewable Energy Incentives Can be Utilized?

Commercial Energy, Energy Economics, Energy Financing, Energy Management, Energy Storage, Going Green, Industry Insights, Inflation Reduction Act, Investments, Renewable Energy, Renewable Natural Gas, Solar Energy, Sustainability / Elise Vahle

The Inflation Reduction Act was signed into law as a measure to reduce inflation in the United States. One of the key provisions of the law was the extension of tax credits for renewable energy sources such as wind, solar, and geothermal power. This move was widely praised by advocates for renewable energy, who see

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What the Investment Tax Credit Extension to Energy Storage Means for the Industry

Commercial Energy, Commercial Solar, Demand Management, Energy Economics, Energy Financing, Energy Management, Energy Storage, Renewable Energy, Solar Energy, Sustainability / Elise Vahle

The Inflation Reduction Act (IRA) was signed into law by President Biden in August of 2022, extending the investment tax credit (ITC) for clean energy. In this sweeping legislation, a range of incentives and tax credits aimed toward accelerating the production of emissions-free energy are present. Specifically, the IRA extends the investment tax credit to

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Mining Industry Plays Pivotal Role in Energy Transition

Demand Management, Energy Economics, Energy Storage, Industry Insights, Renewable Energy / Elise Vahle

As many companies and organizations begin to transition to clean energy power sources, the mining industry plays a crucial role. The mining industry will experience drastically increased demand for materials, due to renewable energy technologies such as solar panels and wind turbines requiring greater volumes of mined minerals than present non-renewable energy sources. Many mined

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How Lithium-Ion Batteries Work

Energy Storage / Natalie Gregus

Lithium-ion batteries are a rapid-response solution for energy storage needs. This particular battery technology is a popular with grid-scale applications. Keep reading for an outline how lithium-ion batteries work. What are lithium-ion batteries? Lithium-ion batteries are a battery energy storage technology useful for storing and distributing onsite generated power. They can be found in laptops,

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