US-headquartered independent solar power developer 8minutenergy Renewables announced Tuesday that it has expanded into the energy storage sector with a 1GW project pipeline.
Italian energy company Enel has agreed terms to buy Element Power’s 12.5MWh battery storage project, which secured one of the most highly remunerated contracts in last year’s Enhanced Frequency Response (EFR) tender by the UK’s transmission system operator National Grid.
Tesla has announced the first programme to aggregate the capabilities of hundreds of its residential and commercial stationary storage systems in a partnership with Vermont utility Green Mountain Power.
Over €12 million (US$13.18 million) in funding will be provided to two European projects to examine and exploit synergies between the stationary energy storage and transport sectors, through the EU’s Connecting Europe Facility (CEF) funding instrument.
Finnish power equipment firm Wärtsilä has immediately followed up its launch of hybrid and standalone energy storage systems with the acquisition of system integrator and software specialist Greensmith Energy Management Systems (Greensmith).
A number of demonstrator projects for smart grid and storage technologies have been awarded funding under Scotland’s Low Carbon Infrastructure Transition Programme (LCITP).
Power equipment manufacturer Wärtsilä has launched hybrid and standalone energy storage systems, targeting areas where it sees “high market potential”, including remote microgrids and solar PV integration.
Australian flow battery manufacturer Redflow has resumed battery deliveries after laboratory test results revealed that a significant number of batteries in stock meet the company’s quality standards, enabling immediate delivery to customers, and scored a AU$800,000 order.
India’s biggest utility, NTPC (National Thermal Power Corporation) is seeking bidders to add a 6MW / 24MWh battery energy storage system (BESS) to a 17MW PV plant in Manglutan, South Andaman.
British renewables utility Good Energy has launched a corporate bond offer as it looks to plough investment into a diversification strategy focusing on battery storage and EV charging networks.
