Stem Inc has completed a front-of-the-meter solar-plus-storage project in Massachusetts that will participate in New England’s wholesale markets run by system operator New England ISO.
Uplight, a US energy software company that helps electric utilities reduce their baseload energy use by monitoring and adapting how their networks operate based on consumer behaviour, has reached a valuation of US$1.5 billion following investment from groups including Schneider Electric.
The latest edition of PV Tech Power – PV Tech Power 26 – is now available to download, including Storage & Smart Power, the section brought to you by Energy-Storage.news.
There are numerous benefits from collocating battery energy storage with wind power, including grid availability and planning ease explained ScottishPower Renewable’s Tony Gannon at the Energy Storage Summit 2021.
The US’ installations of advanced energy storage — almost entirely lithium-ion battery systems — went beyond the 1GW mark in 2020, while in capacity terms the figure was close to 3.5GWh.
Launches of a new “allstar” commercial energy storage system and a large-scale storage solution designed to be moved from one site to another with ease demonstrate the changing needs of customers for versatile and flexible energy storage options.
The battery storage market in the UK has become a viable investment opportunity in just the past few months, even without the backing of long-term contracts for grid services, according to an investment manager in the renewable energy sector.
Co-located battery storage’s ability to help mitigate risk and counter renewable yield compression has been hailed as a “fantastic opportunity” by renewables investor Bluefield Partners’ investment director Jan Libicek.
Re-examining older and potentially hazardous battery energy storage systems should be an “essential” tool in fire prevention, according to a panel of industry leaders.