ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s energy storage subsidiary earned in the first half of this year.
The market for grid-connected energy storage will defy the “headwinds” caused by the coronavirus pandemic on industries across the world, analysis firm IHS Markit has predicted.
What will the impact of COVID-19 be on the energy storage market? And how best to learn to adapt to whatever the 'next normal' will be? Florian Mayr at cleantech advisory and consultancy group Apricum examines the bigger picture of “energy storage vs the virus”.
“We are happy about the Italian government's decision that allows us to fully resume business operations in Italy,” Manz AG CEO Martin Drasch has said, following a ruling that deems lithium-ion battery production to be of ‘strategic importance’ for the European country.
The COVID-19 crisis is bringing into the public eye the US’ dependency on importing goods, particularly batteries for advanced energy storage and electric vehicles, the CEO of a battery materials startup has said.
UK stock exchange-listed dedicated energy storage fund has suspended all construction on assets currently in the works as it also announces the completion of the 10MW Lower Road project in southern England.
SimpliPhi Power closed down its manufacturing operations briefly due to the COVID-19 pandemic last week before reopening this week, having made adjustments to try and ensure the safety of workers.
US-headquartered energy storage manufacturing startup KORE Power has said that its supply partner in China has resumed operations “and is presently working to meet KORE Power’s customer orders”.
Installing and maintaining renewable energy resources can be viewed as an “essential service”, according to the California Solar + Storage Association (CALSSA).
The energy storage industry in the US is experiencing delays and could be staring in the face of potential job losses, according to a poll conducted by the national Energy Storage Association (ESA).
Solar Energy Industries Association (SEIA) and Energy Storage Association (ESA) are among a group of six clean energy trade groups that have called on Congress to help the sector to ride out the worst economic impacts from the COVID-19 pandemic.
The impact on supply chains during China’s most intense period of stopping the coronavirus (COVID19) from spreading had been “substantial”, contributing to a “pretty tough time,” for Oregon, USA-headquartered energy storage system maker Powin Energy.
While we have avoided risking the spreading of false information or reacting too hastily to an ever-changing situation, here are some of the latest developments. This blog will be updated as and when new information or views arrive.
In this month’s episode of the Solar Media Podcast, Liam Stoker and Andy Colthorpe discuss how the clean energy economy is responding to the coronavirus, Andy reports back from PV Expo in Tokyo and Liam explores what the return of solar and other established renewables to the UK’s Contracts for Difference process means.
Dimitrios Pappas, analyst at new energy consultancy Delta-EE, considers the impact the novel coronavirus (COVID-19) could have on the energy transition, particularly for batteries used in EVs and ESS, while Energy-Storage.news editor Andy Colthorpe adds his own take.