The financial services arm of engineering giant Siemens will be offering no-money-down options for commercial and industrial (C&I) customers in the UK to purchase energy storage systems.
BYD has announced a tie-up with the inverter manufacturing division of Kostal, where the former’s latest high voltage energy storage systems will be paired with the latter’s PIKO brand inverters.
Distribution network operator (DNO) UK Power Networks (UKPN) has launched a new fast-track application process for small scale electricity storage just days after Britain’s government solidified its support for the technology with funding allocations and new regulatory proposals.
Ideal Power, the US company best known for its power conversion systems for energy storage, has announced two recent project orders totalling 1.6MW in northern Texas and in California.
There is increasing high-level interest in the potential for energy storage in the Middle East, with grid-connected systems forecast to reach 1.8GW in the region by 2025, according to I.H.S Markit.
Swiss battery maker Leclanché could apply for listing on a US stock exchange and is targeting the acquisition of an “energy management storage software company”, despite emerging from a recent period of “technical insolvency”.
The UK government Department for Business, Energy and Industrial Strategy (BEIS) has incurred the wrath of battery storage asset owners by proposing significant changes to how their generation classes are derated within the Capacity Market (CM).
Canadian utility Alectra Energy Solutions, which has over a million customers in Ontario, will offer large-scale energy storage to commercial and industrial operations in its service area, having formed a partnership with developer AMP.
The amount of energy storage investment that came from VC (venture capital) funding more than doubled in the first half of 2017 compared to last year, a new report has found.
