Fluence will supply the latest large-scale battery energy storage system set to be deployed in South Australia, which has secured non-subsidised debt financing.
Johnson Controls has sold off its power business, including its design and production of automotive batteries, to focus on management solutions for buildings and HVAC systems for industrial customers.
Energy Vault, a Swiss maker of energy storage systems based around gravity, has made its technology commercially available, with India’s Tata Power expected to be the first customer.
Two community energy suppliers in California followed up an agreement to buy power from a large-scale solar-plus-storage farm with another, project developer EDF Renewables has announced.
Contruction of a Tesla powerpack battery at the 60MW Gannawarra solar farm in Victoria, Australia – said the be the first battery storage system that has been retrofitted to an existing solar farm in the country – has been completed ahead of schedule.
NantEnergy has acquired Sharp Electronics Corporation’s US-based energy systems and services business, which develops and delivers energy management systems across the country.
RWE has ‘frozen’ it’s planned 100MW battery at the proposed Tilbury Energy Centre amidst concerns that the project’s Combined Cycle Gas Turbine (CCGT) would not be able to secure contracts in the UK’s forthcoming Capacity Market auctions.
The global energy storage market will grow to a cumulative 942GW/2,857GWh capacity by 2040, attracting US$620 billion in investment, caused by sharply decreasing battery costs, according to a Bloomberg NEF (BNEF) report.
