China’s energy storage industry entered a period of “rational adjustment” in 2019, as overall growth in new projects and capacity slowed down, yet deployed around 519.6MW/855MWh of new electrochemical energy storage capacity domestically.
Results announced last week in a Capacity Market (CM) auction in France which had low-emissions requirements, saw 253MW of energy storage awarded 7-year contracts.
US utility company Dominion Energy has started development of four large-scale battery storage plants totalling 16MW of output in the Commonwealth of Virginia.
Japanese maker of precision equipment, Yamaha, was exhibiting its recently launched products for testing and inspecting lithium-ion batteries at a major smart energy trade show in Tokyo this week.
Tesla Inc. today showed off recent activities in the virtual power plant (VPP) space at Tokyo’s Smart Grid Expo, with a view to bringing them at scale into the country’s rapidly changing energy market.
In just the past few days, nearly US$500 million has been committed to downstream activity in the battery energy storage space, with AES Distributed Energy raising US$341 million of debt financing and EsVolta US$140 million of borrowing.
Dimitrios Pappas, analyst at new energy consultancy Delta-EE, considers the impact the novel coronavirus (COVID-19) could have on the energy transition, particularly for batteries used in EVs and ESS, while Energy-Storage.news editor Andy Colthorpe adds his own take.
Solar industry players target opportunities in the residential energy storage market in the US and elsewhere with the rollout and launches of new products.
For Japan, the famous 4Ds of the energy transition – creating a distributed, decarbonised, decentralised and digitised grid – will involve a huge scaling up of smart solutions on a market basis, various sources have told Energy-Storage.news.
