The Australian Capital Territory (ACT) has awarded 200MW of renewable energy capacity in a reverse auction, while the state government has emphasised the significant role large-scale batteries that were also handed contracts will play in the region’s transition to cleaner energy.
Invinity Energy Systems, supplier of a grid-scale vanadium flow battery being installed at a site in the UK will rent the battery’s electrolyte out to the investor developing the project, thereby helping lower the upfront cost of getting the system deployed.
Microgrid projects on three different continents that include multiple megawatts of battery storage alongside renewable energy have been announced in the past few days from well-known industry players.
Reports into the performance of two large-scale battery energy storage systems (BESS) in the Australian state of Victoria have been published, showing that both performed as expected, or better, in 12 months of operation.
Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, including a jump in revenues from its energy storage business segment.
Mitsubishi Power has launched a simplified approach to commercially integrating hydrogen into energy systems either as long or short duration energy storage, or as a means of balancing the grid as higher shares of renewable energy are added.
The US industry deployed 168MW / 288MWh of energy storage in the second quarter of this year, the second highest quarterly figures on record, according to Wood Mackenzie Power & Renewables.
A provider of home battery storage systems aggregated via an artificial intelligence (AI) platform has won the first ever fully domestic weekly Firm Frequency Response (FFR) contract with the UK’s transmission network operator, National Grid ESO.
The head of the Smart PV division of Chinese technology giant Huawei has said that the high end residential energy storage market will be the company’s entry point into a technology that helps integrate solar to the grid.
One of two dedicated energy storage investment funds listed on the London Stock Exchange has seen its Net Asset Value (NAV) per share fall slightly as a result of COVID-19 but remains optimistic for its performance over the year.
