US$156m ENGIE EPS acquisition to create Euro-Asian powerhouse, Taiwan Cement Corporation says
The acquisition of a 60.5% stake in ENGIE EPS by Taiwan Cement Corporation (TCC) was finalised and completed earlier this week.
Articles tagged with: Software
Wärtsilä to deliver another 200MWh of battery storage for Pivot Power’s UK ‘Energy Superhubs’
UK-based energy storage investor-developer Pivot Power is to develop 100MW / 200MWh of battery storage split across two sites in the West Midlands region of England in partnership with energy technology provider Wärtsilä.
Tech partners seek to turn electric school bus batteries into 1GW virtual power plant
Electric school buses in the US could be turned into a virtual power plant (VPP) resource, through a new partnership between student transport supplier Zum Services and artificial intelligence-driven distributed energy software company AutoGrid.
Amazon invests in ESS battery analytics startup ION Energy
Amazon has invested in India-headquartered battery management software and electronics specialist ION Energy through its US$2 billion fund to support companies with promising sustainability technologies.
Large-scale battery storage plant chosen by California community as alternative to gas goes online
After local opposition to the construction of a new gas peaker plant in Oxnard, California, a battery storage plant that was chosen instead has gone online just nine months after construction began.
Honeywell launches BESS Platform technology and energy-storage-as-a-service partnership
Global technology company Honeywell has launched its own battery energy storage system (BESS) Platform, which includes integrated controls, monitoring and forecasting capabilities.
‘Stationary storage is crucial to lithium-ion battery recycling value chain’
While much attention is paid to the need to recycle electric vehicle (EV) batteries, stationary energy storage systems are also “playing a crucial role in the big picture of battery recycling,” Li-Cycle’s chief commercial officer has said.
Leap taps California’s ‘abundance’ of batteries for flexible summertime electricity capacity
A company that pairs available energy capacity with the needs of electric utilities is preparing to put 288MW of flexible power onto the California grid in time for the summer peak in electricity demand that threatens energy security across the state each year.
Feature
Editor's blog
‘FOMO brought me here’: Why solar exec Yann Brandt leaped to join ESS company FlexGen
In an interview with Energy-Storage.news, FlexGen CFO Yann Brandt talks us through the logical progression that he has taken from solar into energy storage and how he views the opportunities and challenges ahead.
Power Factors adds 100MW California battery project to recently-launched storage software platform
Renewable energy asset management software group Power Factors will add a 100MW battery energy storage system (BESS) to its recently-launched battery storage performance management platform.
Free software to assess value of energy storage and DERs from Sandia National Laboratories and EPRI
New software that helps businesses and utilities in the US to assess the value of energy storage has been launched by Sandia National Laboratories, while the Electric Power Research Institute (EPRI) has launched its own platform for calculating the value of distributed energy resources (DERs).
Feature
Analysis
Piecing together the ‘jigsaw of value’ in UK energy storage
With a project pipeline in excess of 14GW, a developing regulatory envelope and maturing revenue streams, the UK’s energy storage sector continues to be at the forefront globally. Molly Lempriere charts the market’s development to date and uncovers how it has responded to deployment barriers.
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Editor's blog
‘Software is key to decarbonisation’: Fluence’s digital strategies pay off in Australia
Smart software and artificial intelligence can forecast everything from how much electricity will be generated and when it will be generated, to the right strategies for putting that electricity into different market opportunities. Energy-Storage.news speaks with Matt Penfold, VP of business development for digital at Fluence, about how the company has added 1.5GW to its portfolio of renewables and storage under management in Australia's National Electricity Market (NEM).
Stem Inc says supply chain sufficient to meet 2021 revenue goal of US$147 million
Stem Inc claimed to be on track to achieve its 2021 full year revenue guidance of US$147 million, after reporting a year-over-year increase in revenues of 245% for the first quarter ending 31 March.
Tesla Powerwalls hooked up to provide grid frequency balancing in Vermont utility pilot
Green Mountain Power, a utility company in Vermont, has begun using Tesla Powerwall energy storage systems in customers’ homes as a frequency regulation resource to benefit the regional grid.
FlexGen’s DigitalTwin feasibility reports answer the question: “Does storage work for my project?”
Energy storage system designer and integrator FlexGen has launched a new service that figures out the feasibility of pre-development projects using the company’s DigitalTwin technology.
Feature
Editor's blog
From customers’ homes to utility portfolios: Inside Swell Energy’s new virtual power plant reality
In the first part of this interview with Swell Energy CEO Suleman Khan we heard about how Swell Energy has been working to ‘productise’ the virtual power plant proposition: making it attractive to utilities and to their end-customers and then wrapping that into a long-term agreement. This time out, we speak to Suleman about some of the finer details of the VPP proposition and where he thinks the market is heading.
ROUNDUP: Stem software in 345MWh, Eos buys out manufacturing JV, Softbank invests in vanadium ion
News in brief from around the world in energy storage.
Hydro-Québec using battery storage to support transmission line upgrade work
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.
Feature
Interviews
How energy storage helps energy assets connect with energy markets
Energy storage can help enable cleaner, reliable, low-carbon energy networks while connecting energy assets to the market opportunities that will make the transition to renewable energy economically feasible. We speak to Wärtsilä’s Jeff Damron about the ways that the value of energy storage can be realised in markets across the world, both today and in the future.
ROUNDUP: Fujitsu markets VPP in Japan, Ameresco rural Colorado project, Nexamp hires head of storage
News in brief from around the world in energy storage.
Feature
Analysis
Software: The driving force putting batteries at the heart of the energy transition
Software is rapidly becoming recognised as key to the value proposition and bankability of energy storage, which in turn lies at the heart of the energy transition. Andy Colthorpe speaks to three providers of software aimed at the energy storage industry.
Wärtsilä’s DC-coupled solar-plus-storage hybrid enables Georgia Power to make full use of resource
Hickory Park Solar project, a 200MW PV power plant in the US state of Georgia, will be equipped with a battery energy storage system that allows the local utility company to maximise the benefit of the renewable resource.
German startup launches software aimed at balancing battery degradation versus system revenues
TWAICE, a software company headquartered in Munich, has launched a platform aimed at helping energy storage system operators manage the profitable use of their assets against the impact that has on the health of their batteries.
Feature
Interviews
The critical need for smart software with energy storage: An interview with Wärtsilä‘s Andrew Tang
Wärtsilä’s GEMS energy management system platform has grown alongside the energy storage sector for more than a decade. We caught up with Andrew Tang, vice president of Energy Storage and Optimisation at Wärtsilä Energy to learn about the importance of software for the uptake of energy storage.
Stem Inc has tough path to profitability with SPAC merger and stock exchange listing up ahead
Stem Inc has revealed its financial results for 2020 ahead of listing on the New York Stock Exchange, admitting that despite expecting a fourfold increase in revenues this year, the company is unlikely to achieve profitability until at least the end of next year.
Stem Inc solar-storage project on Massachusetts landfill site will play into New England ISO markets
Stem Inc has completed a front-of-the-meter solar-plus-storage project in Massachusetts that will participate in New England’s wholesale markets run by system operator New England ISO.
US$1.5bn valuation for energy software company Uplight after investment from Schneider, AES
Uplight, a US energy software company that helps electric utilities reduce their baseload energy use by monitoring and adapting how their networks operate based on consumer behaviour, has reached a valuation of US$1.5 billion following investment from groups including Schneider Electric.
PV Tech Power 26 out now: Solar takes electric crown, Long-duration in focus, Asia markets special
The latest edition of PV Tech Power – PV Tech Power 26 – is now available to download, including Storage & Smart Power, the section brought to you by Energy-Storage.news.
Q CELLS’ acquisition of GELI: ‘Software is key to unlocking value of battery storage’
Battery storage systems can deliver multiple services and provide customers and sites with backup power, but their value in doing so remains largely dependent on “highly sophisticated” software.