California is facing a huge shortfall of electricity capacity on its grid and advanced compressed air energy storage (A-CAES) can fill the gap, Hydrostor has proposed.
Stem Inc’s shares begin trading on the New York Stock Exchange today, after the “artificial intelligence-driven clean energy storage services” company completed its business combination with special purpose acquisition company (SPAC) Star Peak Energy Transition Corp.
The Canadian federal government is financially supporting the development of a large-scale advanced compressed air energy storage (A-CAES) project capable of providing up to 12 hours of energy storage.
Quebec’s largest grid-scale battery energy storage system to date will maintain electricity supply and power quality for customers of Canadian utility company Hydro-Québec while it carries out major transmission line upgrade work in the province.
Equity investors have already committed more than US$300 million to lithium battery recycler Li-Cycle’s plan to go publicly-listed through a special purpose acquisition company (SPAC) merger.
Decision-makers across Canada now recognise the value that energy storage can bring to the grid, with Ontario’s grid operator establishing its first-ever set of market rules for energy storage’s participation.
Large-scale Vanadium redox flow battery (VRFB) technology looks set to be deployed at a 100MW solar energy power plant in China, two years after a smaller-scale demonstration project was commissioned in the region.
Steps forward have been taken in the development of a grid-scale battery energy storage system (BESS) in the Yukon Territory, northern Canada, which will help stabilise the region’s grid and reduce reliance on fossil fuels.
ROUNDUP: News in brief from around the world in energy storage.
A plan to invest CA$2.5 billion (US$1.97 billion) in the clean energy economy by the Canada Infrastructure Bank could lead to involvement in one of the world’s biggest battery energy storage projects so far.
Canadian public utility company and transmission system operator Hydro-Québec has launched a battery energy storage subsidiary as well as announcing a large-scale green hydrogen project.
Energy storage's potential and value needs to be allowed to shine for Canada to achieve its goal of net-zero emissions by 2050 - and to avoid being left behind in the international race to modernise global energy systems.
A new three-year project allowing residential solar and batteries to trade electricity and grid services in Victoria, Australia, is aimed at creating a replicable model marketplace that could be widely expanded across the country.
The grid operator for the Canadian province of Alberta’s forthcoming technology pilot for fast frequency response services is a “step in the right direction” to enable energy storage deployment, but current regulatory conditions present barriers to maximising the value of batteries and other storage, Energy-Storage.news has heard.
10MW / 20MWh of Tesla Megapacks used for Alberta’s first-ever large-scale battery energy storage system have gone into action as TransAlta Renewables announced the project has reached commercial operation.
The government of Canada unveiled CA$10 billion (US$7.53 billion) worth of “new major infrastructure initiatives” last week, with the inclusion of energy storage warmly welcomed by trade group Energy Storage Canada.
ROUNDUP: ARPA-E funding for sodium ion, ENGIE in big Italy V2G, Enel X partnership to take on Canada
More news in brief from around the world in energy storage.
Canadian energy storage technology manufacturer Eguana Technologies has reported greatly increased revenues in its latest quarterly financial results, with the company making recent deals in territories including Japan and Germany.
The first grid-scale battery energy storage project in the Canadian province of Alberta is on-track to go into operation this month, while TransAlta, the company behind the project, has expedited plans to retire a coal plant citing “future market conditions”.
ROUNDUP: Rio Tinto seeks Serbia lithium, Shell 759MW wind farm tech trial, NRStor C&I reborn as Aypa
News in brief from around the world of energy storage.
Between CA$1.5 billion (US$1.12 billion) and $4 billion in electricity system cost savings could be achieved by Ontario’s Independent Electricity System Operator (IESO) by installing 1,000MW of energy storage by 2030, according to a new study commissioned by Energy Storage Canada.
Reducing peak demand for commercial and industrial (C&I) electric utility customers in Ontario remains a big opportunity for using battery energy storage to reduce costs and decarbonise, three partner companies working on a 2MWh project have said.
Residential energy storage provider Sunverge has won out in a competitive bidding process to provide systems and software for a proposed virtual power plant (VPP) project in Maryland in the US.
Blackstone Energy Partners, a private equity business belonging to investment firm Blackstone, has bought up NRStor C&I.
A new lithium battery recycling facility, established by operator Li-Cycle on a commercial basis at the well-known Eastman Business Park in New York State, answers both a growing need and an opportunity in an “unprecedented phase” of deployment, the company has said.
Former Governor of New York George Pataki has welcomed the possible siting and construction of a vanadium redox flow battery (VRB) factory in the state.
Developer NRStor and technology provider Hydrostor have completed work on a multi-megawatt, commercial, advanced compressed air energy storage (A-CAES) system in Canada.
Convergent Energy & Power’s first projects out of a joint venture with Shell have come online, while GE Renewable Energy touted the imminent implementation of the country’s ‘first hybrid electric gas turbine’ project.
A 300MW pipeline of behind-the-meter energy storage projects in Canada and the US will be executed by large engineering firm Honeywell, with Canadian project developer NRStor.
Ontario’s Independent Electricity System Operator (IESO) is set to launch a demonstration of how solar panels, energy storage and customer-sited demand side response (DSR) can be used to drive down costs of the IESO’s network.