Investor Gresham House raises US$160m for six new UK battery storage projects
London Stock Exchange-listed investor Gresham House Energy Storage Fund has raised £120 million (US$159.86 million) to finance six new energy storage projects.
Articles tagged with: Storagesummit2021
China’s energy storage deployments for first nine months of 2020 up 157% year-on-year
China deployed 533.3MW of new electrochemical energy storage projects in the first three quarters of 2020, an increase of 157% on the same period in 2019.
UK’s new Dynamic Containment auctions are ‘twice as lucrative as other frequency response services’
A new market for providing ancillary services to the UK’s grid has been highlighted as more valuable in its first seven weeks of operation than any other frequency response service run by the network operator, National Grid ESO.
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Editor's blog
What the US energy storage industry could look like under Biden-Harris
In an exclusive first interview for international press since the elections, Energy-Storage.news speaks with CEO Kelly Speakes-Backman about the Energy Storage Association’s hopes, ambitions and policy asks as 2021 begins to come into view.
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Analysis
Batteries and hydrogen in Germany: Comparing crucial components for a modern energy system
What are the roles of battery storage and hydrogen in the clean energy system of the future? Matthias Simolka, a consultant at Germany-based TEAM CONSULT takes a look at the roles each plays today and where we might see the dynamics go from here, with regard to everything from large-scale renewables integration to electric transport.
Australia’s government invests AU$125m towards grid infrastructure for Snowy 2.0 pumped hydro
The Australian government-backed Clean Energy Finance Corporation (CEFC) has committed AU$125 million (US$92.12 million) to help build grid infrastructure for a 2GW pumped hydro project with 175 hours of storage duration.
BloombergNEF: Solar-plus-storage is a ‘zero-emissions threat’ to gas-burning power plants in the US
Solar PV combined with energy storage represents a “zero-emissions threat” to gas generation in the US, according to a new report from BloombergNEF.
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Analysis
VIDEO: Israel’s electricity revolution and the role energy storage will play in it
Energy-Storage.news was delighted to host a sponsored webinar with consultancy Clean Horizon on the Israeli context for renewables and storage as the country undergoes an ‘electricity revolution’ - and you can watch the whole thing on our YouTube channel.
US solar and storage event hears of financing hurdles, call for standalone ITC
Barriers to financing for energy storage could hold back the growth of solar in the US, while an Investment Tax Credit (ITC) for standalone energy storage should be introduced, the audience heard as our publisher Solar Media hosted the Solar and Storage Finance USA event last week.
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Analysis
VIDEO: Energy storage meets electric vehicles - solving critical infrastructure challenges
Energy-Storage.news was delighted to host a sponsored webinar with Wärtsilä Energy on how energy storage is being used to support the uptake of electric transport last week - and you can now watch the whole thing on our YouTube channel.
‘100% renewable energy’ luxury resort in Saudi Arabia will use 1,000MWh battery storage system
A tourism development in Saudi Arabia which will have its own international airport and hopes to attract over a million visitors each year will be 100% powered by renewable energy, with the help of a 1,000MWh battery storage facility.
Giga-Norway: Panasonic, Equinor check out green battery business potential in northern Scandinavia
With dozens of massive new lithium-ion battery factories planned or already under construction in Europe, Panasonic and Equinor are investigating the potential for a “green battery business” in Norway.
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Analysis
For lithium to still lead the way…
Although lithium-ion is currently the market leading battery technology in energy storage, this status cannot be guaranteed in perpetuity. Three leading figures from the lithium-ion battery industry give Andy Colthorpe their views on how the technology can continue to prosper.
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Analysis
VIDEO: What’s happened in UK energy storage since 2017
Find out what’s been going on in the UK energy storage market over the past three years, presented by not-for-profit clean energy expert group Regen at the Virtual Energy Storage Summit which took place online in late September.
Long-duration energy storage milestones achieved by Lockheed, Eos and Form Energy
While lithium-ion continues to dominate big project announcements worldwide, three providers of long-duration non-lithium battery technologies have claimed various milestones in commercialisation.
UK legislation to lift barriers on 50MW+ battery storage projects goes into effect
Planning law in the UK allowing energy storage projects over 50MW has officially changed, allowing much bigger projects to come online without going through the national planning process.