Australian renewable energy developer Genex Power has achieved financial close on what looks likely to be the country’s first new pumped hydro energy storage (PHES) plant in nearly 40 years.
Stem Inc claimed to be on track to achieve its 2021 full year revenue guidance of US$147 million, after reporting a year-over-year increase in revenues of 245% for the first quarter ending 31 March.
Large-scale liquid air energy storage (LAES) systems which can store and discharge energy for up to six hours are being planned in Spain by technology provider Highview Power.
New technology which can help prevent flammable gas build-up in lithium-ion battery storage systems is being made available for “low-cost, non-exclusive licensing” by the US Department of Energy’s Pacific Northwest National Laboratory (PNNL).
There are perhaps four or five US states which have become prolific in their deployment of battery energy storage systems, but it’s also interesting to hear about what’s happening in regions where that development is still at an earlier stage.
The US’ Federal Energy Regulatory Commission (FERC) has blocked a request to delay implementation of new market participation rules for energy storage made by the Mid-Continent Independent System Operator (MISO).
Over a gigawatt of battery storage has been proposed in a plan to enable the wider rollout of renewables by Powercor, owner and operator of an electricity distribution network serving more than 800,000 customers in the Australian state of Victoria.
Green Mountain Power, a utility company in Vermont, has begun using Tesla Powerwall energy storage systems in customers’ homes as a frequency regulation resource to benefit the regional grid.
Cost, complexity and carbon footprint. Earlier this month, Switzerland-headquartered Leclanché launched its new, modular energy storage system solution aimed at reducing all three of these challenging points for the industry. VP for system engineering Daniel Fohr and EMEA region sales and business development manager Cyril Carpentier speak about how and why Leclanché believe LeBlock solves some of the major concerns energy storage developers face.
