British government follows up ‘zero carbon’ fanfare with huge tax increase on renewables equipment
Yesterday (Monday 25 June) legislation was put forward containing the VAT (value-added tax) increase, which will see tax on home solar and battery storage systems ramped up from 5% to 20%.
24M’s semi-solid lithium cells going into production through Kyocera
24M, currently thought to be one of the leaders in developing an advanced form of lithium-ion batteries which promise increased energy density, has struck a deal with Kyocera for initial production of cells for stationary storage applications.
‘Fatally onerous’: UK’s Capacity Market shuts out batteries, serves the old order
Quentin Scrimshire, head of energy storage at Kiwi Power, said the latest prices didn’t achieve the mechanism’s purpose, and instead only served to reward larger generators that would already be generating throughout the winter.
Ameresco completes 8MWh battery storage system at US Marine Corps Recruit Depot
Ameresco has completed the construction of a comprehensive energy resiliency and energy infrastructure project at the United States Marine Corps Recruit Depot (MCRD) Parris Island, South Carolina.
‘Don’t miss this opportunity’: Industry groups’ further plea for energy storage ITC
Failing to create an investment tax credit as part of the ongoing tax extenders legislation, a coalition of clean energy trade bodies in the US have urged.
Baby steps for EOS’ zinc batteries in US ahead of 40MWh project, company targets UK for 2020
Duke Energy latest utility to test the technology, while manufacturer's partnership aims to introduce UK version next year.
Engie, Sumitomo, Macquarie invest in UK 2nd life EV battery storage company
Connected Energy uses second-life EV batteries to produce stationary energy storage systems for C&I customers.
Statera puts 1GW of flexible generation into Stakraft’s virtual power plant
Under the agreement, Statera will develop 1GW of high-efficiency gas reciprocating engines and energy storage.
Toyota forklifts’ lithium batteries to balance solar power at carmaker’s facilities
The scheme will tap into the energy storage units already on site, used to power TMHG’s electric forklift trucks.
Korea’s ESS fires: Batteries not to blame but industry takes hit anyway
According to reports carried last week in national outlets including Yonhap News and the Korea Herald, defective battery cells were not found to be the cause.
ROUNDUP: Saft acquires Go Electric, Italy’s CM market dispute, Nidec ASI 2.5MWh Bahamas project
News in brief from around the world in energy storage.
‘Fossil fuels are the real competition’: Highview teases 250MWh ‘CRYObattery’ for the UK
“This year, we will build our first very large, or even our first ‘gigantic’ plant [in the UK],” CEO Javier Cavada said.
Autogrid ramps up involvement in Japan’s VPP space
US software and data company Autogrid has continued its roll-out of solutions into Japan’s evolving electricity market, joining a virtual power plant (VPP) project that could add more than 10,000 assets by the end of 2021.
Just one new-build battery wins contract in UK’s 3.6GW Capacity Market auction
Existing CMUs outperformed new build in the auction, and battery storage in particular struggled to complete against other generator types like open-cycle gas turbines (OCGT).
1,000 tonnes of volcanic rock store energy at 130MWh pilot plant
A 130MWh pilot plant testing the use of volcanic rock as a medium of storing energy as heat has just been launched in Hamburg-Altenwerder, Germany.
Australia’s largest solar-plus-storage project comes online
Australia’s largest solar-plus-storage project has come online in Victoria with Tesla batteries, proving that existing PV projects can be successfully retrofitted with battery storage.