Commercial and industrial (C&I) energy storage in Europe, described by one analyst as “beginning to take off”, is the “most exciting” segment of the market at the moment, according to BYD’s global service partner.
In short, energy storage technology is set to revolutionise our society, EVs and beyond, with power companies among the most affected – whether they like it or not. The sector needs to wake up to this and decide what it is going to do about it. Education could provide the wake-up call that power professionals need, says Bo Normark of InnoEnergy.
Vertically-integrated solar energy company First Solar will be involved in the first megawatt-scale battery system announced in Arizona since it was revealed the state could put a 3,000MW energy storage deployment target in place.
Stem Inc, self-described as a supplier of “artificial intelligence-powered” energy storage, which deployed a system on average every two days last year, has closed a US$80 million Series D financing round.
Developer Convergent Energy & Power has installed a commercial and industrial (C&I) energy storage system in Ontario for an injection-moulded plastics company, sized with 8.5MWh of batteries.
Seeking ways to optimise the use of clean energy, California network operator CAISO (California Independent System Operator) is considering the introduction of a load-shifting product that would incentivise storing peak energy for later use.
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.
ROUNDUP: Duke Energy’s pilot plan, 200MW NSW PV-plus-storage application, SunPower’s college project
News in brief from this week in energy storage around the world.
More than a quarter of US commercial and industrial (C&I) electricity users could potentially use energy storage to lower premium rates they are charged during periods of high demand, the National Renewable Energy Laboratory (NREL) has found.
One of the distribution network operators (DNOs) tasked with maintaining security of electricity supply into British homes is launching a tender for flexibility services that include energy storage.
A distributed infrastructure subsidiary of Southern Company, one of the US’ biggest utilities, has formed a partnership with Advanced Microgrid Solutions (AMS) to execute behind-the-meter distributed energy projects.
In the first of a two-part blog series on the energy storage response to the infamous Aliso Canyon gas leak in California, Energy-Storage.News sets the scene of how the California Energy Commission and chosen system suppliers got their heads around solving a mammoth power shortage with many, many batteries, in a race against time.
Investor-owned energy company National Grid, responsible for electricity and gas delivery in New York, Massachusetts and Long Island, will build a 5MW / 40MWh energy storage facility in Long Island with NextEra Energy.
Major power firm EnergyAustralia is studying the feasibility of building a huge pumped hydroelectric energy storage project in the Spencer Gulf of South Australia.
US-based Storage provider AES Energy Storage has made significant expansions away from established markets into relatively untapped regions across the globe.
US residential installer SolarCity has closed US$150 million of financing to fund the deployment of commercial solar and storage systems.
AGL Energy has invested US$20 million in energy storage manufacturer Sunverge, as Australia’s biggest utility set up a fund worth ten times that to help meet its climate change commitments.
The first Tesla Powerwall home energy storage systems to go on sale in the US through a utility are being sold through Vermont’s Green Mountain Power which is including a “no upfront cost” option for its customers.
A solar farm connected to a huge battery will be built on the Hawaiian island of Kauai to use solar in the evenings to meet peak demand, under a 20-year contract between SolarCity and an electric utility co-operative.
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.
Along with cost reductions in balance of systems (BoS) components and US$1 billion of investment, energy storage technologies can reduce the cost of commercial solar and drive the market segment forward in the US, a SolarCity spokesman has said.
A new scheme to provide grid-balancing services directly from the batteries of electric vehicles (EVs) will be trialled by car maker BMW, in partnership with California utility company Pacific Gas & Electric (PG&E).
PV Tech Storage interviews Paul Bundschuh of Ideal Power, whose company will supply Sharp’s new Smartstorage system with power converters and has also developed a three-port hybrid battery converter to better enable grid-resilience and micro grids.