The sale of an NEC Corporation business division involved in manufacturing lithium-ion batteries will have no material impact on the group’s activities in energy storage, according to a company spokesman.
There is a global trend towards longer duration energy storage and even in this segment, lithium-ion batteries are expected to dominate the market over flow batteries and other technologies, an I.H.S Markit analyst has told Energy-Storage.News.
A 100MW tender for energy storage, part of a 400MW auction for renewable energy projects, has been officially launched by the regional government of Queensland, Australia.
French energy storage developer and system integrator Electro Power Systems (EPS) has hailed the speedy execution of a microgrid’s expansion in Somalia, which has just been completed in less than 30 days.
Residential battery storage has won a partial victory after the UK government agreed to a tax break for battery systems, but only if they are supplied and installed alongside solar panels.
Primus Power, a flow battery maker which claims its systems can cost less than half the price of lithium-ion energy storage over its lifetime, is establishing manufacturing lines in China.
Developer Deepwater Wind has applied to build a 144MW offshore wind farm, coupled with 40MWh of battery-based energy storage from Tesla, off the coast of Massachusetts.
Australian energy firm Genex Power has received first-round board approval from the Northern Australia Infrastructure Facility (NAIF) for potential debt funding of its 270MW solar PV and 250MW pumped hydro projects, that are part of the Kidston Renewable Energy Hub, in Northern Queensland.
