V2G can significantly reduce energy system greenhouse gas emissions, as well as ensure resilience in the event of power outages and prolong the battery life of an EV, according to a review of nine projects across Europe.
Industry commentators have expressed shock and surprise that NEC Corporation’s Energy Solutions business has been wound down, while an analyst said the reasons for the energy storage system integrator’s demise are likely to go back further than the COVID-19 pandemic.
Itochu, a major Japanese corporation which has sold over 330MWh of residential battery storage systems in its home market, has invested ¥1 billion (US$9.35 million) in TRENDE, a renewable energy retailer which counts utility company Tokyo Electric Power among its major shareholders, with a view to launching a range of renewable energy and storage-enabled services.
Vectren, owner of utility firms in the US states of Indiana and Ohio, has unveiled plans to ditch more than 700MW of coal generation and partly replace it with up to 1GW of solar PV.
The UK government’s Department for Business, Energy and Industrial Strategy (BEIS) has announced a £10 million (US$12.44 million) grant to help construct the world’s largest liquid air battery.
France, Italy, Spain and Belgium are among the regions of most interest for energy storage stakeholders in Europe, analysis firm Clean Horizon has told Energy-Storage.news.
US residential solar installer Sunrun is deploying aggregated rooftop solar-plus-batteries in partnership with utility Southern California Edison (SCE), in a demonstration project of the systems’ capabilities to run as a virtual power plant (VPP).
A new service from Photovoltaik Institut Berlin (PI Berlin) looks to solve a pitfall that often awaits solar industry stakeholders when adding energy storage to their projects: making sure the production quality of the batteries they choose meets their requirements.
