Energy storage has moved out of an early, marketing and awareness phase, and real business is being done throughout Europe, Energy-Storage.news heard yesterday at the annual ees Europe show Munich, Germany.
This year has already seen “significant acceleration” of activity in the global grid-connected energy storage market, with 4.3GW expected to be deployed this year, analysis firm IHS Markit has said.
Japanese conglomerate Marubeni Corporation has invested in US-based company, GridMarket, which is focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.
Ontario’s policy of rewarding large users of energy that reduce their demand for grid energy at peak times has resulted in Shell New Energies announcing 21MWh of projects with Convergent Energy + Power.
A large-scale lead carbon battery energy storage system has gone into operation in Saxony, Germany to help regulate frequency of the grid, the latest of several such projects in the country by consortium Upside Group.
The national Renewable Energy Association has taken aim at a British government proposal to hike up tax rates attached to some energy saving equipment purchases, including solar and battery storage.
