Tag: energy storage

Distributed Energy Resources ‘Rapidly Expanding’ in Commercial Buildings

Distributed energy resources (DER), including electric vehicle (EV) chargers, rooftop solar PV, and battery energy storage, are rapidly expanding in commercial buildings, according to a report from Guidehouse Insights. The report forecasts global spending on DER in commercial buildings to reach $17.6 billionin 2021, growing at a compound annual growth rate (CAGR) of 9.1% to […]

University, Utility Unveil Solar-Powered Microgrid in Sunshine State

Florida International University (FIU) and Florida Power & Light Co. (FPL) have unveiled a solar-powered energy microgrid—the latest project to emerge from a decades-long partnership between the university and the utility. In the event of an outage due to severe weather, the FIU-FPL microgrid is capable of supplying backup power to FIU’s engineering center for approximately 24 hours […]