A 100MW battery storage project - consisting of two 50MW batteries - has begun construction in the UK.
Investors are queuing "all the way down the street" but many require the first projects to be built before committing, Gridserve's chief investment officer Mark Henderson has said.
UK-based Gresham House Energy Storage Fund has sealed the deal on its latest battery optimisation agreement.
Ørsted has appointed REMAP as its marketing agent for its flexible generation and revenue optimisation services in the UK.
A battery storage project using second-life electric vehicle (EV) batteries is set to be built in Germany, with an aim of developing an installed capacity of 20MW.
InnoEnergy has launched a platform designed to “bridge the gap” between financial institutions and battery businesses.
A 100MWh battery energy storage system has been integrated with 400MW of wind energy, 200MW of PV and 50MW of concentrated PV (CPV) in a huge demonstration project in China.
The North American subsidiary of international investor-owned energy supplier E.ON has partnered with Greensmith Energy to deliver two grid-scale energy storage systems known as the Texas Waves projects.
The US energy regulator has opened a consultation process on the integration of energy storage into a competitive market structure.
Workable alternatives to utility power involving energy storage are beginning to emerge with new and innovative business models, according to an investment advisor who worked on Younicos’ recent US$50 million “land grab”.