Two startups seeking to disrupt the energy sector with novel long-duration energy storage technologies have formed partnerships with established industry players.
New York Governor Andrew Cuomo has said the state is “exploring every resource available as a potential tool to address climate change,” as funding was announced for long-duration energy storage technologies along with investigation on the role of green hydrogen in decarbonisation.
The suitability of battery storage and other advanced energy technology equipment for enabling greater integration of renewable energy onto Poland’s electricity grid has been successfully verified at the Polish-Japanese Smart Grid Demonstration Project.
Germany-headquartered multi-national renewable energy project developer Baywa r.e. has signed a long-term power purchase agreement (PPA) for a utility-scale solar-plus-storage project in California with San Diego Community Power (SDCP).
Talen Energy, a US independent power producer (IPP) with a 13GW portfolio of generation assets, has contracted energy storage developer Key Capture Energy to install a battery storage system at the site of a coal power plant in Maryland.
NASDAQ-listed zinc-based electrochemical battery storage provider Eos Energy Enterprises has said that a subsidiary of Koch Industries has committed to investing US$100 million into the company.
The cooling of commercial and industrial (C&I) buildings accounts for a significant percentage of energy use and greenhouse gas emissions (GHGs), but can instead be turned into “powerful energy assets.”
Residential energy storage system provider Eguana will begin deploying devices to operate as a connected virtual power plant on the Hawaiian island of Oahu.
Energy storage can make a “positive contribution everywhere” in Southeast Asia, but the industry needs to be proactive in helping market regulators to understand the best ways to facilitate its role in their energy systems.
Authorities in South Australia will consider granting approval for two battery storage projects that will connect to the National Electricity Market (NEM), each adding more than 200MW power output.
