Market conditions are “artificially” restricting energy storage batteries from “leveraging and maximising their multiple capabilities” a US trade group which includes utilities, technology and service providers and grid operators among its membership has argued.
A proposed 500MW pumped hydro energy storage facility in the Philippines will be designed and constructed by Power Construction Corporation of China (POWERCHINA), which will also carry out procurement duties.
Utility-scale zinc-iron flow battery maker VIZn Energy claims it can deliver energy storage to pair with solar or wind at a “record low price” of just US$0.04 per kilowatt-hour.
32 separate projects in smart grid, energy storage and related technologies which received backing through a European Union innovation programme, will pool knowledge and expertise in a shared network.
Business models used by Advanced Microgrid Solutions (AMS), including creating “Hybrid Electric Buildings” with energy storage, take the industry to a “new level”, VC investor Nancy Pfund has said.
Fluence, a new energy storage company, has been launched jointly by global engineering giant Siemens and energy storage system integrator and developer AES.
A 2MW utility-scale battery energy storage system has been successfully built and connected for California municipal utility Glendale Water & Power (GWP).
A supply deal has been signed, for components made by Ideal Power to be integrated into NEXTracker’s solar-plus-storage offerings, including power conversion system and solar PV inverter.
An offer from Tesla CEO Elon Musk to complete a large-scale energy storage project in South Australia within 100 days or deliver it for free has been taken up by the region’s government.
Multinational utility Enel will assess the effectiveness of flywheels, having signed an agreement with Amber Kinetics, a manufacturer of the energy storage devices.
