Home battery storage company Moixa is to expand its GridShare aggregation platform to include third party units for the first time after securing over a quarter of a million pounds from the UK government.
Schneider Electric and NGK Insulators have reached the conclusion of a memorandum of understanding (MOU) under which both companies will explore global opportunities to jointly market NGK's NAS (R) battery and Schneider Electric's inverter (Conext Core XC ES).
Toshiba and NRG Energy have completed a new battery energy storage system that will benefit the Electric Reliability Council of Texas' (ERCOT) grid.
An Indian state-owned energy services and energy efficiency company is set to invest in 14MWh of grid-scale storage in Canada through a joint venture (JV) with UK company EnergyPro Limited (EP).
Sunrun CEO Lynn Jurich has said that using behind-the-meter systems to provide grid services could be “extremely valuable in certain targeted ways” as the company rolls out energy storage systems into key regional markets.
The UK government's Department of Business, Energy and Industrial Strategy (BEIS) has refused to provide any clarity over when a decision on the potential de-rating of energy storage assets within the capacity market (CM) will be made despite a senior policy advisor stating the judgement is “imminent”.
Calmac, a provider of ice-creating thermal energy storage systems – and ice rinks – has been bought out by a subsidiary of major US manufacturer Ingersoll Rand.
A planned energy storage system backed with a diesel generator could remove the need to build an expensive undersea cable to serve the island of Nantucket, off the coast of Massachusetts in the US.
The US national Energy Storage Association (ESA) has advocated that the nation should aim to deploy 35GW of energy storage by 2025, claiming it could result in US$4bn of network cost savings and generate 167,000 jobs.
German renewables firm BayWa r.e. has commissioned a combined PV and battery system in Zambia's Chisamba province, to supply irrigation for aquacultural farming.
A representative of National Grid, the UK’s transmission system operator (TSO), has said that energy storage will be “integral” to the network’s flexibility strategy – while urging developers not to rely solely on early frequency regulation contracts.
ROUNDUP: NEC ES’ new CEO, Leclanché 15MWh battery-thermal hybrid, Narada’s modular C&I China project
News in brief from around the world of energy storage.
While decreases in costs continue to make energy storage more and more competitive, financial advisory and asset management firm Lazard has highlighted just how variable project economics can be, citing examples of US projects with 9%, 11% and 21% IRR (internal rate of return).
A project demonstrating the integration of energy storage onto grid networks in Hubei, China, will see the first phase of a 10MW / 40MWh project built by Pu Neng, a vanadium flow battery manufacturer.
Siemens has continued to bolster its UK presence with a new partnership with Grid Battery Storage Limited (GBSL) which will see a 22MW portfolio of four projects built and an ‘energy storage as a service’ offering launched.
German renewables funder Capital Stage is lining up its first battery storage move, but stressed it could be some time before business models are mature enough.