The renewables investment community “needs to come to grips” with merchant risk after a decade of being “spoiled” by government-backed subsidies for wind and solar.
Ireland’s DS3 flexibility market will deploy the fastest-reacting batteries in the world under an opportunity dubbed “Enhanced Frequency Response on steroids” by energy expert Felicity Jones, partner for energy storage and flexibility at UK-based consultancy Everoze.
The French Energy Regulation Commission (CRE) has selected a pair of battery storage projects by Voltalia that will benefit the function of the Guianese electrical network.
Hecate Energy and InfraRed Capital Partners have announced a partnership to form a new energy storage company called Hecate Grid, which will develop, build, own and operate utility-scale energy storage projects across North America.
The UK’s government has shied away from supporting large volumes of solar and other distributed energy technologies through subsidies, but commercial and industrial energy storage and solar-plus-storage could be a huge market opportunity in Britain and abroad.
Bosch has said its investment in a German energy storage company, just announced today, fits in with a purpose of positioning the engineering giant at the forefront of the emerging ‘digital climate and energy’ industry.
An agreement to buy 75% of Korean battery manufacturer Kokam gives SolarEdge a level of vertical integration that could make the PV company a ‘one-stop-shop’ for customers, while SolarEdge could diversify into areas outside solar energy.
The small island nation of Palau in the western Pacific Ocean has moved a step closer to having what is said to be the largest ever microgrid spanning diesel, solar and battery energy storage.
The Australian Renewable Energy Agency (ARENA) has partnered with Monash University and technology provider Indra Australia to trial a microgrid as a first step to powering Monash’s Clayton campus entirely with renewable energy by 2030.
EDF Energy has partnered with Nissan to launch a new energy storage proposition using second life batteries with the utility’s proprietary demand side response (DSR) platform in the latest high profile collaboration in the UK energy sector.
