Over €12 million (US$13.18 million) in funding will be provided to two European projects to examine and exploit synergies between the stationary energy storage and transport sectors, through the EU’s Connecting Europe Facility (CEF) funding instrument.
Finnish power equipment firm Wärtsilä has immediately followed up its launch of hybrid and standalone energy storage systems with the acquisition of system integrator and software specialist Greensmith Energy Management Systems (Greensmith).
Power equipment manufacturer Wärtsilä has launched hybrid and standalone energy storage systems, targeting areas where it sees “high market potential”, including remote microgrids and solar PV integration.
India’s biggest utility, NTPC (National Thermal Power Corporation) is seeking bidders to add a 6MW / 24MWh battery energy storage system (BESS) to a 17MW PV plant in Manglutan, South Andaman.
Multinational energy company Engie Group has contracted NEC Energy Solutions and NEC Chile to provide a 2MW / 2MWh energy storage system to its subsidiary Engie Energia Chile in Latin America.
Two Congressional representatives in the US have united across party political lines to form the Advanced Energy Storage Caucus, a group dedicated to educating Members of Congress on the benefits of the nascent technology.
In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.
Another 500MW of energy storage procurement targets have been bestowed onto California’s three main investor-owned utilities by the state’s Public Utilities’ Commission (PUC), on top of an existing 1.325GW mandate.
A “first of its kind” collaboration between energy storage provider Sonnen and transmission system operator TenneT will integrate solar and batteries into energy networks in Germany using blockchain technology.
