Project financing for six large-scale energy storage systems in Germany has been helped along by due diligence provided by testing, certification and knowledge services group TÜV SÜD.
Commercial and industrial (C&I) businesses in the UK are to be offered free energy storage services from Omnio, a new firm set up to address the ‘overlooked’ market of small, distributed energy users.
The Cook Islands in the Pacific will host a 5.6MWh lithium-ion battery energy storage system for the integration of renewables, in a project funded by the Asian Development Bank, European Union and Global Environmental Fund.
A ‘hybrid’ plant for storing wind energy in batteries has been constructed by infrastructure and energy firm Acciona in Spain, thought to be the first such project in the country.
With the UK’s Renewables Obligation now closed for large solar projects, energy storage takes the position of the most active sector in the UK energy market. As with any new technology, we have seen a lot of build up over the past few years, with much speculation about when the utility-scale market will take off, and how big it will be. Analyst Lauren Cook takes a deep dive.
Energy storage in the US has just enjoyed its greatest quarter for megawatt-hours deployed, up almost 1000% from the equivalent period last year, installing 233.7MWh.
The US state of California’s Senate has approved a bill that would provide rebates to customers for the purchase of energy storage systems, bringing the legislation a step closer to introduction.
The key value propositions for commercial energy storage are based around “maximising economics subject to operating constraints”, according to Stem and other energy storage system integrators and operators.
