Two large-scale pumped hydroelectric energy storage projects under development in the US have been acquired by fund management company Copenhagen Infrastructure Partners (CIP).
Saft has opened its third manufacturing site for energy storage systems (ESS) in Zuhai, China, adding to two existing “strategic hub” facilities in Bordeaux, France and in Jacksonville in the US.
A solar-plus-storage microgrid being deployed at an alloys mine in South Africa will feature a vanadium flow battery energy storage system, using locally sourced vanadium electrolyte.
While European power markets outpace the US and China for renewable energy deployment, the continent’s policymakers are yet to recognise the importance of energy storage for integrating that capacity onto the grid, new research from Wood Mackenzie Power & Renewables finds.
A collaboration to study the potential for virtual power plants (VPPs) between Japanese electronics giant Toshiba and German aggregator and power trader Next Kraftwerke has led to the formation of a joint venture (JV) between the two.
As much as 8GWh of energy storage may be required to enable Israel’s policy aim of sourcing 30% of its electricity from renewables by 2030 and to enhance the reliability of the electricity grid.
The election of Joe Biden as President of the US shows that Americans want to accelerate the transition to clean energy, Kelly Speakes-Backman, CEO of the US national Energy Storage Association, has said.
While the Federal government of Australia resists public and political pressure to commit to net zero targets, the states of Victoria and Queensland have made progress in advancing plans for a large-scale standalone battery project and a wind-plus-storage plant respectively.
Germany’s draft renewable energy laws, which the government is seeking to introduce next year, have been heavily criticised by energy storage systems association BVES.