Microgrid and energy storage project technology provider ENGIE EPS has said it cannot commit to a 2020 earnings target, although 2019 revenues showed a 29% increase on the previous year.
BloombergNEF has predicted an exponential multiplying of non-pumped hydro energy storage installations around the world, culminating in nearly 3,000GWh of deployments by 2040.
Lithium-ion battery cell costs could fall to as little as US$76 per kWh by 2030, from around US$139 per kWh this year, according to new analysis by Navigant Research.
The US state of Iowa got its first grid-scale solar-plus-storage system at the beginning of this year, and this has already been followed by the completion of another, larger battery project in the US state this week.
Britain's government is seeking to remove a significant hurdle for utility-scale co-located storage sites, enabling projects with combined capacities in excess of 50MW to proceed without requiring government consent.
Energy asset developer and owner Statera Energy has clinched a refinancing deal for its 50MW Pelham utility-scale battery storage plant in England, in a transaction which it says demonstrates both the maturity and “bankability” of the asset class.
The economics of solar-and-storage in the UK are being proven, according to Anesco, the developer of one such project.
Entries have opened for the Solar Power Portal Awards 2018, with Energy-Storage.News proud to partner the event for its rebranded sixth edition.
Electricity and heat generator and retailer Vattenfall is developing a third party model for energy storage deployment, which will see the Swedish firm deploy batteries alongside UK solar farms.
The UK and Ireland subsidiary of the Virginia-headquartered AES Corporation has signed an agreement with a Northern Irish government agency to build a 100MW battery storage array.
Leading energy storage provider Powin Energy will be building and installing six energy storage projects at two sites in Ontario, Canada with a total capacity of 12.8MW/52.8MWh.
The Renault-Nissan Alliance will build a 100MW battery storage project using its second-life EV batteries, according to media reports.
Tualatin, Oregon-headquartered Powin Energy has partnered with Eaton to deliver their 2MW expedited energy storage product which was procured to address the energy shortages the LA Basin faced as a result of the four-month long methane leak.
Clearly, renewable energy is now a viable alternative to traditional generation from a cost perspective. However solar and wind's penetration of the grid is constrained by ageing infrastructure, high grid connection costs and their intermittent, weather-dependent nature. Scott McGregor looks at how long-duration energy storage on an industrial scale can help.
Foresight Group, one of the top five asset owners in UK solar, is expecting to close its first battery storage acquisition in the coming weeks as it looks to complement its existing infrastructure portfolio.
Led by a record-breaking final quarter, energy storage reached 336MWh in 2016, growing 100% in megawatt-hours from 2015’s installed capacity, despite staying roughly flat in megawatts with 221MW deployed last year.
News in Brief: Tesla’s Powerpack 2 is installed in a utility-scale project for SCE, Texan utility CPS opens EPC bids for a large-scale solar-plus storage project and Eguana and LG Chem expand their storage partnership.
Grid-scale energy storage developer Eos Energy Storage has raised proceeds of US$23 million through the initial closing of a private placement transaction and expects to use the money to increase deployment of its battery storage product.
The power capacity of global installed in front of the meter energy storage is expected to reach 21.6GW in 2025, according to a new report by Navigant Research, with one of the firm’s analysts calling this exponential growth dramatic, but also realistic.
Unsubsidised, commercial solar-plus-storage projects of the type being executed in Puerto Rico could demonstrate how to overcome many of the challenges imminent for the world’s PV markets, according to one company with experience in the field.
Energy storage provider AES Energy Storage has signed a multi-year agreement for Korean battery supplier LG Chem to provide 1GWh of lithium-ion battery capacity for AES’s energy storage systems, which a US analyst has said could take around seven to eight years to install and be worth an estimated US$300 million.
More details have emerged on inverters for Tesla’s new home battery system, to be made by Fronius and SolarEdge, while the EV-maker’s energy storage will be installed at demonstration and commercial projects for US utility Edison International.
A grid storage trial which has been billed as the largest of its kind in Europe became operational yesterday.
Dean Frankel of Lux Research blogs about utility Southern California Edison’s recent 235MW award of battery-based energy storage projects, a decision which surpassed their 50MW requirement by some distance and was described as “monumental” by one trade advocacy group when it emerged. Frankel examines the procurement in detail and looks at some of the questions that remain as-yet unanswered by the announcement.
The Karlsruhe Institute of Technology (KIT) has inaugurated a test centre at its northern campus that will pair a 1MW solar array to 100kWh of lithium-ion battery-based energy storage.