In the spirit of harnessing clean energy and enhancing grid reliability, Californian utility San Diego Gas & Electric (SDG&E) has signed contracts for 83.5MW of energy storage.
Projects that demonstrate how energy storage can benefit a wide range of stakeholders and the electric grid can compete for US$15.5 million of funding from the New York State Energy Research and Development Authority (NYSERDA).
Work has been completed on a 1MW / 2MWh battery energy storage system for a ‘multi-resource microgrid’ in Denver, by Younicos and its project partners, Panasonic and utility Xcel Energy.
More than a tenth of a 250MW energy storage procurement by utility Southern California Edison will comprise of Ice Energy’s Ice Bear units, deployed in partnership with NRG Energy.
One of Australia’s energy market regulators has put out a lengthy document detailing the potential impact of introducing five minute settlement into the electricity spot market, which would likely favour flexible resources such as energy storage.
French hybrid energy storage solutions provider Electro Power Systems has secured an equity-linked financing deal to the sum of €30 million (US$31.88 million) with the European Investment Bank (EIB).
Maryland will become the first state in the US to offer tax credits for customer-sited energy storage, as and when state Governor Larry Hogan approves Senate Bill 758 (SB 758).
Advanced Microgrid Solutions (AMS) will deliver commercial energy storage projects based around its ‘Hybrid Electric Buildings’ concept to one of North America’s biggest retailers, Walmart.
California’s Self-Generation Incentive Program (SGIP), the scheme to incentivise the use of distributed energy, opens for applications at the beginning of next month, weighted to favour energy storage.
Leclanché has hailed recent project wins and a potential 450MW pipeline in reporting an improvement on its finances, which the company’s CFO has called “the first stage of our journey towards EBITDA breakeven”.
Arguing that energy storage is “critical to ensuring a resilient, reliable, cost-effective and sustainable grid”, the Energy Storage Association joined with 52 other organisations to plead the place of storage in the Trump administration’s infrastructure priorities.
Axion Power International, focusing on “hybrid battery technology” that combines lead acid with the properties of carbon-based supercapacitors, has warned that it is in financial trouble after failed attempts to commercialise its devices.
China-headquartered BYD has launched the latest iteration of its B-Box battery energy storage systems, including a high voltage model, into the European market.
The UK’s energy regulator has taken what appears to be an encouraging viewpoint on “double charging” of energy storage, clarifying the definition of the technology’s role in the grid, according to one expert view.
California-headquartered grid-scale electrical energy storage company Primus Power has secured US$32 million in equity financing from a range of investors including a well-known Saudi family, to help accelerate its EnergyPod 2 storage system.
Solarwatt has unveiled the latest evolution of its MyReseve system, a fully modular storage system that can be customised to suit the demands of any application.