Breakthrough Energy Ventures was among investors in a Series C funding round for Reactive Technologies, a company which has developed a means to measure “fundamental grid stability parameters in real-time,” offering visibility to renewable energy and energy storage asset developers and system planners.
Users of US solar price comparison site EnergySage are increasingly drawn towards battery storage through concerns around having enough power in emergency situations, with 70% of users now requesting storage with their solar quotes.
Electric utilities in Michigan are in agreement that energy storage offers multiple benefits to the customer and network, but uncertainty remains over how it can be introduced into market structures.
Battery storage startup Field has secured a pipeline of 160MW of battery storage sites in the UK, and begun construction of its first 20MW site in Oldham, England.
Canadian Solar has seen a “surge in demand for battery storage capacity,” CEO Dr Shawn Qu said, as the vertically-integrated solar PV company reported its latest quarterly financial results.
The California Energy Commission has approved rules that would require new buildings, including multi-family housing and commercial structures, to be equipped with solar and battery storage.
The cost of battery energy storage in the US fell by 72% between 2015 and 2019 and utilities in the country are set to bring 10,000MW of new grid-connected capacity online in the next two years.
Philippines power generator, supplier and distributor AboitizPower has confirmed progress on large-scale battery energy storage system (BESS) projects which the company claimed will be part of “the foundation to sustain its long term growth”.
Eos Energy Enterprises has a total order backlog for its zinc battery-based energy storage of 389MWh, worth nearly US$100 million, but expects to only be able to recognise US$5 million in revenues for 2021.
