“No other policy in play right now” could be “more immediate or more impactful” than a ‘standalone’ Investment Tax Credit (ITC) in the US for energy storage, the CEO of the national Energy Storage Association has said.
Advanced battery technology company Saft has executed its first projects in Australia, installing around 2MWh of battery energy storage systems (BESS) at 13 sites in Queensland.
Spanish renewables company Acciona has inked a deal to acquire 3GW of PV projects and 1GW of energy storage from US independent power producer Tenaska.
60MW of energy storage developed by Fluence and Sembcorp Energy UK has come online, lauded as one of the largest transacted fleets of its kind in Europe.
UK liquid air energy storage (LAES) start-up Highview Power said its first ever 250MWh ‘Cryobattery’ installation will be placed at the site of a decommissioned thermal power plant in the North of England and could be Europe’s largest ‘battery’ system when completed.
Approval has been given to the compliance plans of two more US RTOs and ISOs to be filed under FERC Order 841, the ruling set by the US Federal Energy Regulatory Commission (FERC) designed to open up regional grid operators’ wholesale markets to electricity storage.
While an investigation into a recent fire incident at one of its energy storage facilities remains ongoing, representatives of utility Arizona Public Service (APS) will appear onstage with technology provider Fluence to discuss fire safety at an upcoming event in California.
KORE Lithium Technologies Inc (KORE Power), a US headquartered manufacturer of nickel manganese cobalt (NMC) battery racks for the utility-scale stationary energy storage market, has retained renewable energy investor CohnReznick Capital as its Investment Bank of Record.
