Powin Energy yesterday officially launched its first high voltage battery storage product, with the Oregon-headquartered battery energy storage solutions provider claiming that 500MWh of customer orders have already been contracted for it.
The Australian Energy Market Commission has drafted a new rule to enable the provision of fast frequency response services to help keep the electricity grid stable which one expert said will be “a really important market for batteries”.
Energy storage technology provider Fluence and battery gigafactory startup Northvolt will collaborate to develop “next-generation battery technology for grid-scale storage applications,” the companies said today.
Three new battery energy storage system (BESS) projects from the US that may not individually make headlines for their relative size, but nonetheless prove the value and flexibility of batteries for the grid.
The UK reached a gigawatt of battery storage deployments in the second quarter of 2020 and the industry has 14.9GW in its development pipeline including 1.8GW of ready-to-build projects and 6.9GW with planning approvals in place.
Corporate funding into the battery storage sector in the first quarter of this year totalled US$4.7 billion across 17 deals, a huge leap from the equivalent period of last year, according to a new report from Mercom Capital.
In the first part of this interview with Swell Energy CEO Suleman Khan we heard about how Swell Energy has been working to ‘productise’ the virtual power plant proposition: making it attractive to utilities and to their end-customers and then wrapping that into a long-term agreement. This time out, we speak to Suleman about some of the finer details of the VPP proposition and where he thinks the market is heading.
The Canadian federal government is financially supporting the development of a large-scale advanced compressed air energy storage (A-CAES) project capable of providing up to 12 hours of energy storage.
