The UK government Department for Business, Energy and Industrial Strategy (BEIS) has incurred the wrath of battery storage asset owners by proposing significant changes to how their generation classes are derated within the Capacity Market (CM).
Canadian utility Alectra Energy Solutions, which has over a million customers in Ontario, will offer large-scale energy storage to commercial and industrial operations in its service area, having formed a partnership with developer AMP.
The amount of energy storage investment that came from VC (venture capital) funding more than doubled in the first half of 2017 compared to last year, a new report has found.
British infrastructure investment company Foresight Group has made its second acquisition of a UK battery storage project, taking on the 10MW Nevendon battery from Gridserve and Aura Power.
Aquion Energy, maker of energy storage batteries and whole systems based on a novel electrolyte with a chemical composition similar to saltwater, is back in business.
The British government Department for Business, Energy and Industrial Strategy (BEIS) and energy regulator Ofgem have today released plans for a major upgrade of the UK’s energy system, while a separate huge funding opportunity for battery innovation has been broadly welcomed by industry.
British government minister Greg Clark today unveiled the first phase of a £246 million (US$320 million) investment in battery technology with the launch of the Faraday Challenge, designed to boost research and development and position the UK at the forefront of energy storage.
Despite a bill to create a rebate programme for energy storage systems purchased in California being dropped from a recent round of legislative decision-making, the state’s industry still has a “bright future”, commentators have said.
India’s first major large-scale solar-plus-storage tenders, tied with solar parks, have been cancelled by the Solar Energy Corporation of India (SECI).
