ROUNDUP: Wind-solar-storage hybrid ‘grid ready’, AutoGrid in France, EDF 80MW UK optimisation deal
News in brief from around the world in energy storage.
CEFC offers US$127.6 million debt finance for 300MW Victoria energy storage project
Australia’s Clean Energy Finance Corporation (CEFC) has invested AU$160 million (US$127.6 million) in a 300MW battery storage project near Geelong, Victoria.
Shell expands role in VPP market with acquisition of German operator Next Kraftwerke
Shell Overseas Investments BV has acquired German virtual power plant (VPP) operator Next Kraftwerke, expanding its footprint in the space.
US rejoins Paris Agreement on Climate Change: The energy storage industry view
What does the energy storage industry make of Biden’s commitment to ‘Build Back Better’ and to rejoin the Paris Agreement?
Biden Executive Order will put battery materials at heart of US climate technology ‘leadership’
With the US having rejoined the Paris Accord on the climate crisis last week, President Joe Biden has now signed an Executive Order which identifies the importance of mitigating risks in the supply chain for “large capacity batteries”.
Energy Storage Summit 2021: Net zero transition ‘requires jigsaw of technologies’
The UK’s move to net zero emissions will require a reinforced distribution network and a varied mix of energy storage technologies to make the most of low-cost renewables generation, a panel has suggested.
Energy Storage Summit 2021: Green hydrogen support frameworks must link supply with demand
Support frameworks which address both green hydrogen supply and demand, as well as cross-border initiatives, will be pivotal to delivering affordable green hydrogen, a panel has concluded.
Energy Storage Summit 2021: ‘It’s not all about’ Dynamic Containment in the UK
Although there is growing interest within the energy storage industry around the National Grid’s Dynamic Containment (DC) system, operators who tap into it must be ready to adapt and maintain other revenue streams, a panel of industry experts heard this week.
Energy Storage Summit 2021: Long-duration opportunities will grow but bankability is main challenge
The energy storage market is poised for strong growth over the next decade and opportunities are likely to emerge for alternatives to lithium-ion that offer longer durations of storage, but three key challenges remain for those technologies.
Progress made on 40MWh battery storage benefitting First Nations communities in north Canada
Steps forward have been taken in the development of a grid-scale battery energy storage system (BESS) in the Yukon Territory, northern Canada, which will help stabilise the region’s grid and reduce reliance on fossil fuels.
UK investment manager Downing contracts Hyosung Heavy Industries for 50MW battery storage project
UK investment management group Downing LLP has announced its first utility-scale battery storage site in the country, a 50MW/53MWh project in Nursling, Southampton on England's southern coast.
Trina Solar is making LFP cells, launches energy storage division at Energy Storage Summit 2021
Vertically-integrated solar PV company Trina Solar has officially launched Trina Storage, a “dedicated business division” for energy storage solutions.
Energy Storage Summit 2021: How batteries play into ‘extremely precise’ Dynamic Containment
The benefits – and remaining challenges – of the UK’s new frequency response service Dynamic Containment (DC) were discussed at today’s Energy Storage Summit by a panel of experts and industry stakeholders.
Energy Storage Summit 2021: Revenue stream development has been ‘a heck of a journey’
A look at this morning’s Energy Storage Summit 2021 keynote discussion, 'What is the key for really making money from batteries?' and the panel's thoughts on the increasingly complex range of revenue pathways.
Industrial conglomerate Mytilineos acquires 25 battery projects in Greece in €56 million solar deal
Greek industrial group Mytilineos has acquired a portfolio of solar and battery storage projects in a €56 million (US$67.8 million) transaction it says “heralds the transition to a new era” for the company.
US government contracts proving the case for batteries: Ameresco Federal Solutions
Energy-storage.news speaks with Ameresco executive VP and general manager, at its Federal Solutions division, Nicole Bulgarino, who tells us about why this type of project can play such a critical role in proving the case for smart energy solutions that include battery storage.