Block ip Trap
SmartestEnergy US Partners with GridBeyond to Optimize Three Energy Storage Resources in ERCOT Totaling 29.7 MW
Dec 03, 2025

SmartestEnergy US Partners with GridBeyond to Optimize Three Energy Storage Resources in ERCOT Totaling 29.7 MW

SmartestEnergy US, part of a global energy company helping businesses navigate the energy transition, has selected GridBeyond, a global smart energy company, as its technology partner to optimize battery energy storage systems (BESS) in the ERCOT market. The strategic partnership will leverage GridBeyond's advanced price forecasting, bid optimization, and trading services for three BESS resources located in Texas.

GridBeyond's AI-driven Bid Optimizer technology will ensure the battery systems capture maximum revenue by positioning them to take advantage of price spikes in ERCOT's volatile electricity market. The solution includes both day-ahead and real-time optimization to maximize participation across energy and ancillary services.

By integrating advanced analytics and real-time data processing, GridBeyond's platform enables precise control and optimization of energy storage assets, enhancing grid stability and efficiency, and its cloud-based nature ensures scalability and flexibility. This allows for remote monitoring and management of assets, ultimately contributing to a more resilient and sustainable energy infrastructure. BESS are increasingly recognised as a cornerstone of the energy transition, providing the flexibility needed to integrate more renewable generation and maintain system reliability.

Gavin Baker, VP Trading and Origination, SmartestEnergy US, said, “In a market as dynamic as ERCOT, effective optimization is key to maximising value for battery storage assets. Partnering with GridBeyond allows us to combine its advanced technology with our trading expertise, to deliver optimized energy solutions.”

“We are excited to partner with SmartestEnergy on these important projects in ERCOT, one of the world’s most competitive and fast-evolving electricity markets,” said Sean McEvoy, GridBeyond U.S. President. “This deal further reinforces our commitment to enabling energy storage systems to deliver enhanced value and profitability through intelligent optimization solutions. This partnership with a fellow sophisticated European clean energy leader confirms GridBeyond as a global leader in energy storage optimization and market participation”.

As battery storage revenue opportunities evolve in ERCOT due to a rise in competition and changing market dynamics, GridBeyond's sophisticated forecasting and optimization capabilities are increasingly crucial. GridBeyond's recent competitive benchmarking has demonstrated up to 50% revenue improvement over competing solutions during volatile market periods, helping clients maximize returns on their energy storage investments in challenging market conditions.

GridBeyond remains at the forefront of innovation, helping businesses navigate the challenges of the energy landscape with smarter and tailored solutions.

SmartestEnergy US | https://www.smartestenergy.com/en_US/

Global Head of Communications, GridBeyond | https://gridbeyond.com/

Convergent Energy and Power Announces Close of Multimillion Dollar Interconnection Facility
Dec 03, 2025

Convergent Energy and Power Announces Close of Multimillion Dollar Interconnection Facility

Convergent Energy and Power (Convergent), a leading provider of energy storage solutions in North America, announced the close of a multimillion-dollar interconnection facility provided by NY Green Bank (NYGB), a division of the New York State Energy Research and Development Authority (NYSERDA). The financing facility will help fund more than 10 of Convergent’s upcoming battery storage systems, designed to improve grid reliability and resiliency in New York City.

“This financing facility demonstrates the value and necessity of Convergent’s battery storage systems on the electric grid—and the innovative ways we can collaborate with partners like NY Green Bank to sustainably and cost-effectively increase grid reliability for New Yorkers,” said Frank Genova, Co-CEO of Convergent. “We are grateful to NY Green Bank for recognizing the importance of energy storage to the clean energy transition and look forward to playing a role in the modernization of New York City’s electric grid.”

In New York, battery energy storage systems are essential to a stronger and cleaner electrical grid. By some estimates, demand for energy in New York will require the state to add 6,000 megawatts (MW) of battery storage to the grid by 2030, and then to double the capacity by 2040 to 12,000 MW.

In addition to meeting the State's goals for energy demand, adding battery energy storage systems to the grid is critical to the New York City’s efforts to increase resiliency and shut down pollution-generating fossil fuel facilities.

“NY Green Bank is proud to support Convergent with a facility that finances critical interconnection requirements for distributed storage projects in New York City,” Konstantin Driker, Managing Director NY Green Bank said. “This transaction continues to support a market segment where private lending remains constrained for many developers, demonstrating how NY Green Bank is addressing financing gaps, and helping to drive clean energy deployment across the state.”

NY Green Bank has committed over $2.5 billion in cumulative funds since its founding to support New York State's energy transition, and has mobilized over $8 billion in project costs.

Convergent Energy and Power | convergentep.com 

EnergyHub Acquires Resideo Grid Services to Accelerate VPP Growth for Utilities
Dec 03, 2025

EnergyHub Acquires Resideo Grid Services to Accelerate VPP Growth for Utilities

EnergyHub, a leading provider of grid-edge flexibility solutions, announced its acquisition of Resideo Grid Services, a leader in demand response aggregation and program management. The acquisition reflects a growing industry shift toward using a single integrated edge distributed energy resource management system (DERMS) platform to manage all distributed energy resources (DERs) as utilities expand Virtual Power Plants (VPPs) to include EVs, batteries, and other DERs.

As demand for electricity grows, VPPs play an essential role in helping utilities deliver reliable, affordable service. Edge DERMS platforms are key to scaling VPPs, allowing utility operators to orchestrate millions of devices at the grid edge.

“As utilities face rising demand, they’re using VPPs for fast, cost-effective, flexible capacity,” said Seth Frader-Thompson, CEO of EnergyHub. “Resideo Grid Services provides DER management services to over two dozen utilities and markets, and has built a strong reputation in demand response. Together, we now manage over 2.5 million DERs on one platform, allowing any utility to orchestrate any DER to meet evolving grid needs.”

The acquisition solidifies EnergyHub’s position as the leading Edge DERMS, trusted by utilities to manage a wide range of DERs from a single platform. It also makes new DER classes available to Resideo Grid Services utility clients – making it easier for them to deploy and grow new programs through unified visibility and control.

“VPPs are the fastest, cheapest and most customer-centric solution to load growth,” added Frader-Thompson. “This acquisition reflects our confidence in our strategy and our ability to lead the market toward a future where VPPs are critical tools integrated into system planning and grid operations.”

Dave Oberholzer, General Manager at Resideo Grid Services, said, "I am extremely proud of the innovation, customer partnerships, and strong reputation our Grid Services team has built. By joining forces with EnergyHub, we will be able to offer our clients a broader ecosystem of DERs and leverage our winning platforms and talented team to accelerate the reliable and cost-effective transition to a carbon-free grid."

EnergyHub’s platform is trusted by more than 120 utilities, who collectively serve more than 55 million customers. With Resideo Grid Services, EnergyHub is making it easier for utilities to deploy new types of DER programs, gain visibility, and manage resources at scale.

The terms of the transaction were not disclosed.

EnergyHub | www.energyhub.com

Wind Power Market Dynamics, Industry Trends and Global Forecasts 2025-2035 - Offshore Wind Farms Surge Amidst Stronger Wind Patterns
Dec 03, 2025

Wind Power Market Dynamics, Industry Trends and Global Forecasts 2025-2035 - Offshore Wind Farms Surge Amidst Stronger Wind Patterns

The "Wind Power Market, Till 2035: Distribution by Type of Location, Type of Component, Type of Application, Type of Turbine Capacity, Type of Investment, Type of Enterprise, and Geographical Regions: Industry Trends and Global Forecasts" has been added to ResearchAndMarkets.com's offering.

The global wind power market is poised for substantial growth, forecasted to expand from USD 115.3 billion in 2023 to USD 361.2 billion by 2035, at a compound annual growth rate (CAGR) of 10.93%. Wind energy continues to lead renewable electricity generation, constituting approximately 10% of the United States' total electricity output. This underscores the increasing adoption of wind as a sustainable energy source, underpinned by technological advancements and a focus on efficiency.

Wind energy boasts numerous advantages, such as lower operational expenses, reduced carbon emissions, job creation, and economic benefits to local economies. It can be harnessed both onshore and offshore, adapting to varying environmental conditions. Notably, global wind capacity has seen a year-over-year growth of 9%, as reported by the Wind Energy Council.

The sector is integral to the worldwide energy transition, driving innovation and enhancing digitalization for improved energy generation. Offshore wind farms, which capitalize on robust wind patterns, are gaining traction. The shift towards larger, more powerful turbines with advanced rotor blades enhances efficiency-even at lower wind speeds-further modernizing the market.

Key segments of the wind power market include:

  • Location Type: Onshore dominates due to efficiency and cost-effectiveness, but offshore is projected to witness higher growth, driven by favorable policies and superior wind speeds.
  • Component Type: Turbines, particularly horizontal-axis designs, are pivotal, with growth anticipated due to their efficiency and electricity output.
  • Application Type: The industrial segment leads, propelled by the sector's demand for renewable energy to cut emissions and operational costs.
  • Turbine Capacity: Turbines over 3 MW hold the largest share, though the 500 KW to 1 MW segment is set to grow faster owing to its versatility in diverse projects.
  • Investment Type: Private investments currently lead, attributed to technological advancements and adaptable funding strategies versus government-funded projects.
  • Enterprise Type: Large enterprises dominate, leveraging economies of scale, advanced technologies, and government incentives for growth.
  • Geographical Regions: Asia-Pacific leads, with rich wind resources and strong government support, particularly in China and India.

The comprehensive market report provides insights into market sizing, competitive landscapes, company profiles, and megatrends. It offers nuanced patent analysis, recent developments, strategic frameworks like Porter's Five Forces, SWOT, and value chain analysis, addressing critical questions concerning market evolution, size, and leading players.

Purchasing the report offers a wealth of insights, including detailed revenue forecasts by segment, a closer look at competitive dynamics, and strategic recommendations. Additional benefits include complimentary Excel data packs, content customization options, and direct consultation sessions with the research team, enriching stakeholders' understanding and strategic planning in the wind power market.

Key Attributes

Report Attribute Details
No. of Pages 188
Forecast Period 2025-2035
Estimated Market Value (USD) in 2025 $115.3 Billion
Forecasted Market Value (USD) by 2035 $361.2 Billion
Compound Annual Growth Rate 10.9%
Regions Covered Global

A selection of companies mentioned in this report includes, but is not limited to:

  • Acciona
  • Bergey Wind Power
  • Clipper Windpower
  • Enercon
  • Envision Group
  • GE Wind Energy
  • Goldwind
  • Guodian United Power Technology
  • Inoxwind
  • Mingyang Group
  • Orient Green Power
  • Senvion
  • Shanghai Electric
  • Siemens
  • Suzlon Energy
  • United Power
  • Vestas

ResearchAndMarkets.com | https://www.researchandmarkets.com/r/lk8les

Southwire and Orange Charger Announce Strategic Partnership
Dec 03, 2025

Southwire and Orange Charger Announce Strategic Partnership

Southwire Company LLC, North America's leading wire and cable manufacturer and an essential provider of power infrastructure, has announced a strategic investment in Orange Charger, the fastest-growing provider of reliable, right-sized EV charging and emerging energy management solutions built specifically for multifamily housing.

By combining Southwire's extensive expertise in power distribution and installation solutions with Orange's purpose-built charging platform, the companies will jointly develop streamlined installation packages and material bundles that reduce complexity and lower total deployment costs for multifamily owners.

The collaboration will accelerate deployments nationwide and make it easier for properties to adopt reliable, right-sized EV charging without unnecessary infrastructure upgrades.

"This partnership brings more than capital; it brings a true strategic ally," said Neil Joseph, CEO of Orange Charger. "Southwire's scale and expertise will help us streamline installations, reduce deployment costs through integrated material packages and accelerate joint product development that will continue to simplify charging for multifamily owners and EV drivers. With Southwire also joining as a board observer, we're gaining a partner aligned and committed to our long-term strategy. We're excited to continue expanding access to reliable and affordable EV charging across communities nationwide."

"Southwire is committed to supporting innovative technologies that advance electrification and grid modernization," said Corky Whipple, Southwire's VP of Engineered Solutions. "Orange Charger's focus on scalable, cost-effective EV charging for multifamily properties aligns with our mission to power a more sustainable future."

Orange is solving one of the most persistent barriers in EV adoption: affordable, dependable home charging for renters. The company's hardware and software platform delivers smart, right-sized charging that can reduce installation costs by up to 70%, while giving property owners and residents a simple, reliable charging experience with no ongoing software or networking fees.

Powered by OrangeNet, the company's proprietary mesh network and edge-compute platform, Orange delivers 98%+ successful charge sessions, even in challenging environments like underground garages without relying on managed Wi-Fi or LTE extenders. This same platform establishes the foundation for Orange's next generation of energy products designed to help properties participate in the broader energy economy and unlock new revenue streams.

Together, Southwire and Orange Charger are building the infrastructure needed to deliver affordable, reliable EV charging and future-ready energy solutions to communities everywhere.

Southwire | www.southwire.com

Orange Charger | orangecharger.com

First Wind Turbine on Germany’s Largest Offshore Wind Farm to Date Produces Electricity
Dec 03, 2025

First Wind Turbine on Germany’s Largest Offshore Wind Farm to Date Produces Electricity

The first wind turbine on the EnBW He Dreiht offshore wind farm generated the first kilowatt-hour of electricity and fed it into the grid. Further turbines will gradually follow suit over the coming weeks. EnBW has so far built 27 out of a total of 64 wind turbines, which are all set to be commissioned by summer 2026.

“The first kilowatt-hour produced by our He Dreiht offshore wind farm marks a significant milestone for EnBW. Boasting a total output of 960 megawatts, He Dreiht is currently Germany’s largest offshore wind farm and a stunning example of how we are shaping the future of sustainable energy. EnBW has been planning, building and operating offshore wind farms in Germany and Europe for over 15 years, playing a key role in helping to meet Germany’s climate change mitigation targets,” explains Peter Heydecker, EnBW Board Member for Sustainable Generation Infrastructure.

boat and turbines

EnBW He Dreiht offshore wind farm (Photographer: Rolf Otzipka)

Nils de Baar, President of Vestas Northern and Central Europe, the wind turbine manufacturer, explains: “The 15 MW turbine is a world first in terms of technology, setting new standards in offshore wind power. Its efficiency and performance enable a significant increase in energy yield per turbine. Wind energy has the ability to lower power prices, strengthen energy security, and bolster economic prosperity and we are delighted to be using our groundbreaking technology for the first time in collaboration with our partner EnBW.” 

A single rotation of the rotor on the 15 MW wind turbine is enough to supply the equivalent of four households with electricity for a day. At a hub height of 142 meters, the rotor with a diameter of 236 meters sweeps through an area of 43,742 square meters per revolution – equivalent to the area of six football fields. By way of comparison, the output of the turbines installed by EnBW in 2010 on the EnBW Baltic 1 wind farm is 2.3 megawatts (MW). 

tall tower at sea

EnBW He Dreiht offshore wind farm (Photographer: Rolf Otzipka)

EnBW completed the internal wind farm cabling that connects all of the EnBW He Dreiht wind turbines in August. The wind farm’s internal cabling was also connected to the converter platform, which is managed by the transmission system operator TenneT. This is where the generated electricity will be concentrated, converted from alternating current into direct current and brought ashore using two high-voltage DC cables.

EnBW He Dreiht is capable of generating enough electricity to meet the needs of around 1.1 million households. The wind farm is being built about 85 kilometers northwest of Borkum and 110 kilometers west of Heligoland without state funding. The major project is being coordinated by EnBW’s offshore office in Hamburg. 

A partner consortium made up of Allianz Capital Partners, AIP and Norges Bank Investment Management owns 49.9 percent of the shares in He Dreiht. Around 2.4 billion euros are being invested in it. 

EnBW | www.enbw.com/offshore

 

Integrated Power Services (IPS) Acquires ENA Electronics Inc.
Dec 03, 2025

Integrated Power Services (IPS) Acquires ENA Electronics Inc.

Integrated Power Services (IPS), a world-class provider of electrical, mechanical, and power management systems, has acquired ENA Electronics Inc. (ENA), a leader in the wind and solar energy industry, effective, November 26, 2025.     

“IPS is excited to add ENA Electronics to our extensive power management aftermarket service capabilities,” says John Zuleger, President & CEO of IPS. “ENA’s technical service platform fits a mission critical equipment need for our North American customers. IPS sees the opportunity to grow ENA into a North American center of excellence for the reverse engineering of circuit boards, the repair and remanufacturing of critical electrical equipment that optimizes the generation of wind and solar farms, and the life extension of power conversion DC-AC inverters for battery energy storage systems (BESS) and high-voltage DC power transmission. Our customers are being poorly served by existing new equipment manufacturers with long repair lead times and onerous design limitations to extend the life of this equipment. ENA and IPS will now bring a combined offering and extensive power management service solutions to our North American customers.”

Established in 2000, ENA serves customers worldwide, providing services such as system inspection; fault detection; component repair, reverse engineering or replacement; verification of electrical connections; testing; and maintenance and preventative measures to meet the needs of customers.  

"This move is part of our continued growth and commitment to excellence,” explains Amir Pasalic, founder of ENA. “With the support of IPS, we will be able to offer an expanded array of products and services to our customers. At the same time, we look forward to sharing our expertise in delivering excellence in electronic repair, refurbishment, and engineering solutions with IPS customers.” 

“Joining IPS is an important step in our journey and will allow us to continue to deliver innovative solutions to meet the evolving needs of the renewables industry,” adds Gabe Del Bello, Area General Manager at ENA. “This strategic partnership offers our customers and employees almost limitless potential.” 

“ENA brings a level of electronics repair and engineering depth that is incredibly strategic for IPS, especially as we scale our renewable-energy business,” says Shannon Moses, EVP & Division Manager, Power Management & Renewable Energy. “Their expertise in repairing and reverse-engineering circuit boards, VFDs, PLCs, inverters, and power supplies allows us to support wind and solar customers in ways few service providers can. Pairing ENA’s precision lab capabilities with IPS’s North American field-service footprint gives our customers a full lifecycle solution from troubleshooting and component repair to long-term asset reliability. This acquisition strengthens our ability to reduce downtime, extend the life of renewable assets, and deliver the kind of integrated power-management support our customers need as the energy transition accelerates.”  

ENA headquarters are located at 80 Bancroft St, Hamilton, ON L8E 2W5, Canada. In addition, the company has two additional warehouse locations: 190 Brockley Drive, Unit 2, Hamilton, Ontario, L8E 3C5, Canada, which is also the company’s primary shipping and receiving address, and a second warehouse in the United States: c/o Fyke Trading (USA) Inc., 2221 Kenmore Avenue, Suite 106, Buffalo NY USA 14207-1360.  

Integrated Power Services | www.ips.ca

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