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Hecate Energy and InfraRed Capital Partners have announced a partnership to form a new energy storage company called Hecate Grid, which will develop, build, own and operate utility-scale energy storage projects across North America.
The UK’s government has shied away from supporting large volumes of solar and other distributed energy technologies through subsidies, but commercial and industrial energy storage and solar-plus-storage could be a huge market opportunity in Britain and abroad.
Bosch has said its investment in a German energy storage company, just announced today, fits in with a purpose of positioning the engineering giant at the forefront of the emerging ‘digital climate and energy’ industry.
An agreement to buy 75% of Korean battery manufacturer Kokam gives SolarEdge a level of vertical integration that could make the PV company a ‘one-stop-shop’ for customers, while SolarEdge could diversify into areas outside solar energy.
The Australian Renewable Energy Agency (ARENA) has partnered with Monash University and technology provider Indra Australia to trial a microgrid as a first step to powering Monash’s Clayton campus entirely with renewable energy by 2030.
EDF Energy has partnered with Nissan to launch a new energy storage proposition using second life batteries with the utility’s proprietary demand side response (DSR) platform in the latest high profile collaboration in the UK energy sector.
Smart energy and inverter company SolarEdge will acquire the South Korean battery manufacturer Kokam.
The rise of grid trading and off-peak tariffs, rather than the closure of the feed-in tariff and potentially the export tariff, will see the domestic storage market experience “huge growth” over 2019 according to SolaX’s European product manager ahead of next week’s Solar & Storage Live conference and exhibition in England.
CPS Energy, a utility serving residents of San Antonio, Texas, has just broken ground on the first solar-plus-storage project it will own outright.
Lithium-ion battery energy storage will be deployed at a 10MW solar farm in a remote part of Siberia, as a pilot to investigate the potential for the technologies to combine in the region.
Cloud-aggregated virtual power plants using residential or C&I battery storage as part of a smart energy management system can benefit the grid, integrate renewables and EVs and hopefully add a powerful long-term value proposition for home storage. Andy Colthorpe and David Pratt report on how some of the UK’s first VPP projects are proving the concept.
Luxury car brand Rolls Royce, yet to make significant strides towards electrification of its vehicles, has nonetheless made an investment in the clean and distributed energy sectors, acquiring a stake in a microgrid solutions developer.
Investment management firm Gresham House is to float an energy storage fund on the London Stock Exchange next month, with an aim to raise £200 million to fund 262MW of energy storage projects over the next year.
UK Power Reserve, a British developer of flexible electricity assets, has confirmed that battery storage solutions from Fluence will be used to build out its entire 120MW portfolio of projects.
International battery brand Duracell is set to launch a home energy storage system in partnership with a UK energy supply and services company which claims it has enabled big increases in revenues available to owners of the devices.
India’s prime minister Narendra Modi made an official commitment towards the launch of the country’s first National Energy Storage Mission yesterday at a ministerial event also attended by the UN Secretary General, Antonio Guterres.