Stephen Coughlin, CEO of Fluence since the energy storage technology provider jointly owned by AES and Siemens was launched in 2018 will step down at the beginning of May.
There exist opportunities for flow batteries to target areas of the market lithium-ion “can’t provide in an economically justifiable way,” the chief commercial officer of Invinity Energy Systems has said.
What’s being described as Europe’s largest electric car charging park will be kitted out with 2MWh of stationary battery storage systems from Tesvolt, charged with “green energy from the grid”.
An innovation project in Europe to “harvest” energy that would otherwise be lost from various processes, involving a mixture of academic institutions and tech companies, has been joined by ultracapacitor maker Skeleton Tech.
While the renewable energy industry has suffered significant blows such as loss of employment during the COVID-19 crisis, venture capital (VC) funding into the battery energy storage sector in the first quarter of this year nonetheless saw a significant increase over the previous year’s equivalent period.
With a quarter of all solar project proposals in the US including batteries, transmission grid operators across the country are taking a variety of steps to evaluate the role that can be played in wholesale electricity markets by hybrid power plants – defined as generation coupled with energy storage.
Massachusetts has issued an emergency regulation to its Solar Massachusetts Renewable Target (SMART) programme, that includes mandating the addition of energy storage on projects over 500kW.
What is thought to be the world’s largest ‘single-stack’ green hydrogen electrolyser, a 10MW project in Fukushima, Japan, began operations on schedule in March, provider Asahi Kasei has said.
Government representatives from the Kingdom of Jordan in the Middle East have confirmed that tendering for a 30MW / 60MWh energy storage system has been cancelled.