UK-based Gresham House Energy Storage Fund has had an active month, ringing in 2020 with a slew of asset acquisitions and optimisation deals.
UK battery storage firm Zenobe has secured £25 million (US$32.93 million) in funding from Santander as it looks to continue its growth.
A wind farm with co-located battery storage, in development by UK-headquartered multinational renewables developer and EPC provider RES Group, is to go ahead in Australia.
By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.
Battery manufacturer Saft has provided E.On with two nickel battery systems at one of its distribution substations in Hungary.
UK battery storage investor Gresham House has turned to EDF Energy and energy tech firm Upside Energy to optimise revenues from a 20MW storage project in the UK.
Battery storage operators in the UK could be set for a raft of new opportunities after the country’s system operator National Grid called for a review of security standards.
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Rapidly-globalising energy storage company Sonnen has teamed up with utility Rocky Mountain Power to take its virtual power plant concept to the US state of Utah.
A report out today on the causes of the UK’s recent blackout, where electricity supply to 5% of National Grid’s customers was cut off “to protect the other 95%”, highlighted that 475MW of batteries were used to help bring the network back online.
Batteries are now one of a “huge variety of distributed energy assets capable of providing flexible capacity to the network”, but failure to manage them correctly will limit the market opportunities available, as well as the lifetime of the systems themselves, the data science head of UK flexible energy tech company Open Energi has said.
Ameresco has completed the construction of a comprehensive energy resiliency and energy infrastructure project at the United States Marine Corps Recruit Depot (MCRD) Parris Island, South Carolina.
After approving investment for the acceleration of energy storage deployment in developing countries to the tune of US$1 billion a few months ago, the World Bank has now approved a US$300 million loan to do the same in China.
Energy storage has moved out of an early, marketing and awareness phase, and real business is being done throughout Europe, Energy-Storage.news heard yesterday at the annual ees Europe show Munich, Germany.
Secretary of state João Galamba tells Energy-Storage.news of plans to boost dispatchable renewables as government works to drive a PV surge within a decade.
UK editor Liam Stoker writes in a blog for the energy transition and smart power site this week that National Grid’s Distributed Resource Desk - a new platform for managing distributed resources on its network - is starting to enable wider participation in the BM.
SA Water, which delivers water to more than one-and-a-half million people in South Australia, has picked out local contractor Enerven to execute the roll-out of PV and battery storage across 70 of its facilities in the next 18 months.
Arlington Energy, a clean energy investment group, has announced plans to build out a 1GW portfolio of energy storage and gas peaker projects across the UK after securing initial funding of £200 million (US$255 million) from an offshore fund of institutional investment.
The UK’s government has shied away from supporting large volumes of solar and other distributed energy technologies through subsidies, but commercial and industrial energy storage and solar-plus-storage could be a huge market opportunity in Britain and abroad.
The UK’s transmission system operator National Grid’s redesigned Capacity Market targets around 50GW of reserves up to 2023 and could be an early step towards longer duration energy storage batteries.
Halfway through 2018 and large-scale battery storage in the UK has reached over 450MW installed capacity, with around 250MW being completed this year alone. This is made up of projects bigger than 1MW, including larger behind the meter projects that have begun to emerge.
California-based energy storage technology developer Gridtential announced that it has closed US$11 million in financing led by 1955 Capital, with assistance from East Penn Manufacturing, Crown Battery Manufacturing, Leoch International and Power-Sonic Inc., as well as an existing investor in The Roda Group.
The UK's Institution of Engineering and Technology (IET) has published its long-awaited Code of Practice for Electrical Energy Storage Systems, filling what has been described as a vacuum of clear guidance for installers and their customers.
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.
A “first-of-its-kind” project financing deal will bring 50MW of Tesla Powerpacks online in California, Macquarie Capital, the investing and advisory arm of global finance corporation Macquarie Group has said.
Berlin-based energy storage firm Younicos and German utility WEMAG have started work on expanding the storage capacity of a battery park in Schwerin, Germany, from 5MW to 10MW power output and 5MWh to 14.5MWh capacity.
Tesla strikes again in Southern California Edison’s infrastructure overhaul, picking up 7MW battery storage contract at Orange County water agency.
Daimler joint venture to auction stored energy from new 13MWh EV battery storage site back to German energy network operators; Bosch and BMW open smaller EV battery storage facility in Hamburg.
German manufacturer Siemens has been recruited by Italian energy utility Enel to provide battery storage to the small Mediterranean island of Ventotene.
Landis+Gyr to supply Toshiba batteries to E.ON as Germany-based utility constructs 10MW energy storage system for Tucson Electric Power.