Macquarie Capital Korea, a subsidiary of investment firm Macquarie Group, has signed a memorandum of understanding (MoU) with the county office of Goesan in South Korea to finance a significant solar-plus-storage project, while it has also invested in what is said to be the largest energy storage project base in the country.
Power outages pose great risks for corporate bottom lines and many have already suffered the economic brunt of unforeseen weather and grid events in 2018. Battery energy storage can be a versatile actor in networks, bringing resiliency as well as energy efficiency and economic benefits, writes Lisa Laughner, CEO of Go Electric.
A mining operation in South Africa will start managing the cost of its consumed energy with the deployment of eight flow batteries from Primus Power.
California’s recent droughts and ongoing need to economise water use have inspired more commercial energy storage at a local water board, with ENGIE Storage delivering a project for the San Diego Water Authority.
The start of construction on India’s largest energy storage project is not only of strategic importance to regulators, but could also drive another wave of utility-scale projects in India, the chief of the country’s storage Alliance has said.
Jigar Shah has said that the addition of backup power helped persuade a California school district to add energy storage as well as going solar and that adding batteries can help “decision makers” see the true value of PV.
More schools in North America will be able to ‘green’ their energy supply and hedge against future rises in the price of electricity, with Jigar Shah’s Generate Capital taking on six solar-plus-storage projects in California.
The power purchase agreement (PPA) for what is claimed to be the Middle East’s largest solar-plus-storage project has been signed.
The financial services arm of engineering giant Siemens will be offering no-money-down options for commercial and industrial (C&I) customers in the UK to purchase energy storage systems.
China-headquartered PV inverter manufacturer Sungrow has supplied a complete energy storage system to a commercial and industrial (C&I) solar-plus-storage project in the Bahamas.
To date, Primary Control Reserve (PCR) has dominated the energy storage debate in Germany with more than 100MW of battery storage installed in 2016 alone specifically for participating in the PCR market. At the same time, with close to 25,000 systems sold in 2016, residential storage has been stealing the limelight in the behind-the-meter segment. Julian Jansen of Delta-ee looks at how his team expects the commercial and industrial (C&I) segment to start catching up.
California-headquartered grid-scale electrical energy storage company Primus Power has secured US$32 million in equity financing from a range of investors including a well-known Saudi family, to help accelerate its EnergyPod 2 storage system.
California-headquartered provider of low-cost, long-duration storage systems Primus Power has launched the EnergyPod 2, the second generation of its long-duration, fade-free flow battery.
Turnkey energy storage system provider Demand Energy has commissioned a solar-plus-storage microgrid in Costa Rica at a medical manufacturing facility.
A New Zealand network operator will install a grid-scale battery from S&C Electric as part of a pilot programme.
German energy storage hardware and services provider sonnen has launched a new product for the commercial energy storage market using power conversion systems from Ideal Power.
Energy storage developers have an opportunity to prove the benefits of storage systems compared to fossil fuel technologies in what will be one of the fastest energy storage procurements in history pending in California, according to industry commentators and analysts.
Germany, until recently the leading European nation for installed PV capacity, extended a scheme to support purchases of lithium-ion energy storage systems for solar at the beginning of this year.
US residential installer SolarCity has closed US$150 million of financing to fund the deployment of commercial solar and storage systems.
Germany’s market-leading residential energy storage system maker Sonnenbatterie is to enter the UK residential energy storage market with its lithium-ion storage system Sonnenbatterie eco.
Germany’s market leader for intelligent lithium ion energy storage systems has signed up as the first Technology Partner for the new Energy Storage division of PV Tech Storage’s publisher, Solar Media.
Sharp Electronics will add software modelling the performance of energy storage systems to its commercial storage offering, with software an area industry figures and experts have highlighted as one of the most critical areas of competition and progress in the sector.
A push by US leasing giant SolarCity to serve small and medium enterprises (SMEs) with its commercial solar offering will be bolstered by a tie-in with the company’s energy storage solutions, a spokesman has confirmed.
Electronic systems provider AEG Power Solutions has officially launched the prototype of a new lead-acid battery based energy storage system in Spain, which will integrate renewable energy output and manage loads effectively.