Leclanché has hailed recent project wins and a potential 450MW pipeline in reporting an improvement on its finances, which the company’s CFO has called “the first stage of our journey towards EBITDA breakeven”.
The latest project to be dubbed “Europe’s largest battery” will be a 50MWh project from Dutch energy supplier Eneco and Japanese conglomerate Mitsubishi Corporation in Jardelund, Germany.
Energy efficiency solutions provider and energy storage developer Anesco is to partner with “technology-driven utility” Limejump to deliver 185MW of energy storage capability in the UK into August’s capacity market, with plans for the units to be brought online by the end of 2018.
Energy storage solutions and software company Greensmith Energy has installed its software platform at an existing energy storage site of giant US utility American Electric Power (AEP).
A new report from the US National Renewable Energy Laboratory (NREL) aims to track cost trends in residential PV-plus-storage, help stakeholders to identify potential cost-reduction opportunities and illuminate barriers that exist to the technology’s widespread deployment.
Arguing that energy storage is “critical to ensuring a resilient, reliable, cost-effective and sustainable grid”, the Energy Storage Association joined with 52 other organisations to plead the place of storage in the Trump administration’s infrastructure priorities.
A Swiss fund aimed at encouraging institutional investors to get on board with energy storage has reached its first closing at €66 million (US$70.4 million).
The world pipeline for energy storage on the utility side of the meter has doubled in the past year, reaching 3.4GW, according to new research by I.H.S.
Axion Power International, focusing on “hybrid battery technology” that combines lead acid with the properties of carbon-based supercapacitors, has warned that it is in financial trouble after failed attempts to commercialise its devices.
A containerised flow battery dubbed the ‘largest’ such system in the US has been matched for size by another system dedicated last week in Snohomish, Washington.
