Dr. Rahul Walawalkar of the Indian Energy Storage Alliance also predicts at least two lithium-ion cell manufacturing plants of 500MWh+ capacity to start construction in India this year.
“A comprehensive agenda to combat climate change” unveiled on Tuesday by New York governor Andrew Cuomo, includes the setting of a state-wide energy storage deployment target of 1,500MW by 2025.
While acknowledging that the economics “vary significantly” by region and application, Navigant Research has forecast that energy storage for integration of renewables and co-located with solar or wind could be worth more than US$20 billion by 2026.
US commercial and industrial (C&I) sector player Advanced Microgrid Solutions (AMS) has been selected by a water authority in California to deliver a 3MWh energy storage system at a facility processing polluted groundwater.
Shanghai-headquartered energy storage system maker Pylontech has become the first company to receive certification from TUV Rheinland that its lithium battery storage devices are suitable for use in Germany.
Power equipment supplier and system integrator Alfen is putting energy storage and EV chargers on a football stadium in its Dutch homeland, while the company is reportedly considering a stock market flotation.
The European Council (EC) has agreed a new position on the internal electricity market, placing consumer empowerment, cross-border trading and higher levels of renewables at the heart of the European Union’s efforts to transition to a low carbon economy.
National Grid has revealed a simplified, more standardised approach to Firm Frequency Response (FFR) procurement whilst teasing the first details of its fast-response follow-up to EFR.
UK energy regulator Ofgem has published guidance outlining how developers and asset owners can add storage to their subsidised solar installations without losing accreditation to the Renewables Obligation (RO) and Feed-in Tariff (FiT).
The CEO of Primus Power agrees that at present, lithium battery systems are more bankable than the flow battery energy storage systems of the type his company makes, but asserted that he believes this will change over time.
