Statkraft picks out RedT for UK push into commercial solar-plus-storage
Norwegian utility Statkraft has partnered with flow machine specialist redT on a fully-financed solar-plus-storage offering for the UK’s thriving C&I renewables market.
Commercial
AMS’ California VPP at ‘important milestone’ with 2GWh of grid services delivered
A contract with utility Southern California Edison (SCE) has led to Advanced Microgrid Solutions (AMS) supplying 2GWh of grid services from just 60MWh of energy storage during 2018, with one analyst dubbing the feat an “impressive milestone”.
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Editor's blog
Big tech and new solutions at Energy Storage Europe 2019
Walking around Energy Storage Europe this year it was obvious that the show, like the market, has grown from a small handful of “strong believers” as one source put it, to a forward-looking show focused on a ‘business-as-usual’ scenario.
RedT in ‘very accelerated’ search for funding
The future of vanadium flow machine company redT has been plunged into doubt after it launched a strategic review of its ongoing business.
’World’s first long-term battery insurance’ service launches from Munich Re
Insurer Munich Re has launched what it claims is the world’s first long-term insurance plan for battery performance, signing up ‘all-iron’ flow battery maker ESS Inc as its first customer.
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Editor's blog
Five things we learned from Energy Storage Summit 2019
Topics previously off-limits due to commercial sensitivity or just a lack of experience from the field, were explored in depth at this year's Energy Storage Summit in London.
FERC approves ISO New England’s wholesale market proposal, goes into effect on April Fools’ Day
Revisions aimed at enabling energy storage’s participation in wholesale markets, proposed by New England’s Independent System Operator (ISO) have been accepted by the Federal Energy Regulatory Commission (FERC), effective 1 April this year.
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Interviews
Overcoming uncertainty: UK energy storage market trends
Following the fourth annual Energy Storage Summit hosted by Solar Media in London this month, Solar Media Market Research analyst Lauren Cook discusses recent trends in the UK market.
ScottishPower’s US$2.65 billion investment programme puts battery storage, EVs in its sights
ScottishPower has unveiled a £2 billion (US$2.65 billion) investment programme for 2019 to target large-scale battery storage and public EV charging points.
‘Value of flexibility’ will get UK energy storage through the financing crossroads
Managing investor expectations and monetising demand for flexibility are key to future-proofing the industry's business case, financiers stress at Energy Storage Summit.
Solar and wind co-location not on the UK horizon - yet
Co-location of large-scale energy storage systems with solar and wind generation is not an immediate prospect for the UK’s clean energy markets, although interest is there, an expert panel said today at the Energy Storage Summit.
Institutional investors ‘see energy storage as most interesting renewable’ option
A new poll has identified energy storage as the most promising technology for institutional investors keen on renewable assets, amid plans by many to ramp up allocations.
South Australia: SA Water picks local contractor for rapid PV-plus-storage roll-out
SA Water, which delivers water to more than one-and-a-half million people in South Australia, has picked out local contractor Enerven to execute the roll-out of PV and battery storage across 70 of its facilities in the next 18 months.
Japan’s Tepco, Jera make US$32m investment in UK energy storage
UK battery storage firm Zenobe Energy has secured a £25 million (US$32.27 million) investment from Japanese power giants Jera and Tokyo Electric Power Company (Tepco).
Tesla acquires Maxwell Technologies, rival warns of ‘R&D hell’
Tesla will acquire Maxwell Technologies, it was announced this week, although it is not clear yet which of Maxwell’s product lines, including ultracapacitors, are of most interest to the Silicon Valley automaker and new energy company.
ABB accesses SUSI’s €100m Energy Storage Fund following Ability power suite launch
A €100 million (US$114.44 million) fund will be used to develop and deploy microgrid and energy storage projects by engineering and automation firm ABB, which has recently launched a new line of solutions in those areas.