Nippon Koei, one of Japan’s largest engineering firms, has formed a joint venture with a British battery storage firm to construct two 50MW behind-the-meter energy storage projects in the UK.
Acquisition feeds into the inverter and smart energy company’s overall ‘masterplan’ to involve itself in the full gamut of distributed and clean energy market segments.
The value of a front-of-meter battery energy storage system in California could be doubled or even trebled, by adding more than one revenue stream to the project, a new report says.