Energy storage system designer and integrator FlexGen has launched a new service that figures out the feasibility of pre-development projects using the company’s DigitalTwin technology.
UK energy storage investor Gore Street Energy Storage Fund raised £135 million (US$187.89 million) towards deploying a 1.3GW development pipeline, with the funds also to be used for a potential 80MW acquisition for its portfolio of battery projects.
ESS Inc, currently the only maker in the world of a commercially available flow battery using iron electrolytes, will deploy an energy storage system with more than six hours duration to a microgrid in Chile.
Tesla CEO Elon Musk has said that the company is already achieving “good margins” on the residential Powerwall product, but that “some additional work is needed” for its utility-scale Megapack to do so.
Hitachi ABB Power Grids has signed a collaboration agreement on battery energy storage for renewable energy projects in the Americas, with Atlas Renewable Energy.
US$300 million in new funding from Manulife Investment Management will enable CleanCapital, a clean energy investment platform mostly focused on distributed solar, to also provide “long-term, flexible capital” to energy storage developers.
To reduce strain on the grid as renewable power and demand both grow, two New York utility companies have awarded contracts for flexible demand management to commercial and industrial (C&I) energy management specialist CPower.
Energy storage developer Convergent Energy + Power has signed a long-term agreement with grocery store chain Tops Friendly Market for three large-scale community solar-plus-storage facilities in upstate New York.
Liquid air energy storage (LAES) company Highview Power has chosen Volkswagen subsidiary MAN Energy Solutions to provide turbomachinery which will form the core of a 50MW / 250MWh facility under development in northern England.
