NEC has now executed five grid-scale battery energy storage projects in China and been awarded another, winning deals in spite of what a company representative described as “aggressive” price competition from domestic vendors.
The sale of Nissan’s power battery business, Automotive Energy Supply Corporation (AESC) to Envision Group has been completed, with the new owner aiming for 20GWh of annual production capacity of nickel manganese cobalt batteries in China.
NEC Energy Solutions has been selected by the UK’s first listed fund targeting energy storage to deliver two projects totalling 19MW, including what could be the largest behind the meter installation in the country.
A new joint venture has been established to fund early stage energy storage and renewable energy projects in the UK, beginning with two of the winning projects from National Grid’s Enhanced Frequency Response (EFR) tender.
Renewable Energy Systems ranks alongside US firm AES at the top of a new leader-board of energy storage systems integrators; its two new National Grid contracts will see it top the table, it says.
NEC Energy Solutions, a subsidiary of IT and network integration firm NEC Corporation, has unveiled a new distributed energy storage product for commercial and industrial (C&I) customers.
An unnamed utility in California is preparing to test a grid storage system and look at the potential value streams it could provide, according to NEC Energy Solutions, which is providing the system.