Islands around the world provide ideal conditions for trialling new approaches to energy provision. David Pratt reports on some of the work going on globally to bring the benefits of cutting-edge renewable energy, storage and smart grid technologies to the world’s geographically isolated communities. To be continued later this week on Energy-Storage.news.
VC funding for battery energy storage companies in the first half of this year has already exceeded 2016’s total and looks on the way to bettering 2017, with US$539 million raised across 29 deals.
India’s Goods and Services Tax (GST), a single tax applicable across the whole of the country, will be lowered for lithium-ion batteries by 10%, in a move which has been welcomed by the India Energy Storage Alliance (IESA).
Long duration energy storage will be put to use in Germany’s grid, with RedT, a UK-headquartered maker of flow energy storage ‘machines’, announcing an initial 80MWh deployment to the country.
UK transmission network operator (TNO) National Grid has used a new web-based platform to dispatch ancillary services using battery storage in the first example of the new system being implemented across its reserve products.
Investment into the Ontario market for commercial energy storage has received another big boost, with US energy storage provider Stem Inc announcing today a significant cash injection from the Ontario Teachers’ Pension Plan group.
Battery installations are underway at a European Regional Development Fund-backed project deploying low carbon infrastructure on the Isles of Scilly, in a model that it is hoped could be widely replicated elsewhere.
Hyderabad-headquartered firm Greenko Energies has received state government approval for a huge renewable energy project involving 1GW of solar, 550MW of wind and 1.2GW of pumped energy storage in the Indian state of Andhra Pradesh.
What has driven the recent boom in Germany’s household energy storage installation figures? What value do customers expect when adding a storage system to their homes? And more importantly, what are energy storage providers doing to sustain and accelerate growth, which can eventually unlock a true mass market? Florian Mayr of Apricum takes a closer look.
