A long-term power purchase agreement has been signed for the output of a 50MW solar farm with 200MWh of battery storage, by Desert Community Energy, one of several Community Choice Aggregator (CCA) energy suppliers in California.
Foresight Solar Fund, a UK-based investment company with over a gigawatt of solar PV assets in its portfolio, has made its first move into the battery storage space.
Google will procure energy from a US$600 million portfolio of renewables and energy storage assets specially-designed to enable the search engine company’s data centres in Virginia to run on 90% carbon-free electricity.
Mitsubishi Power Americas and Powin Energy have been appointed to retrofit 640MWh of batteries to solar PV plants in California, while a community energy group in the state has just signed a power purchase agreement for a 100MW solar plant with 150MW / 600MWh of storage.
Germany’s second ‘Innovation Tender’ for clean energy projects combining different technologies has awarded 258MW of capacity to solar-plus-storage across 18 bids.
With batteries today finally reaching the size and capacity that enables renewables to replace medium-sized natural gas generators, a future ruled by solar and storage is just around the corner, writes Radoslav Stompf, CEO of FUERGY.
Hitachi ABB Power Grids has signed a collaboration agreement on battery energy storage for renewable energy projects in the Americas, with Atlas Renewable Energy.
US$300 million in new funding from Manulife Investment Management will enable CleanCapital, a clean energy investment platform mostly focused on distributed solar, to also provide “long-term, flexible capital” to energy storage developers.
Energy storage developer Convergent Energy + Power has signed a long-term agreement with grocery store chain Tops Friendly Market for three large-scale community solar-plus-storage facilities in upstate New York.
Three new battery energy storage system (BESS) projects from the US that may not individually make headlines for their relative size, but nonetheless prove the value and flexibility of batteries for the grid.
ENGIE has sold its 60.5% stake in stationary storage and e-mobility solutions company ENGIE EPS to Taiwan Cement Corporation (TCC).
Corporate funding into the battery storage sector in the first quarter of this year totalled US$4.7 billion across 17 deals, a huge leap from the equivalent period of last year, according to a new report from Mercom Capital.
Hydrogen increasingly looks likely to have a role to play in achieving decarbonisation targets worldwide, and investments and innovation are scaling up. But costs remain high and for clean hydrogen to be most effective at integrating high shares of renewable energy, storage is a vital piece of the puzzle, writes Georgina Ainscow, a Senior Patent Attorney at Reddie & Grose, a firm of European and United Kingdom patent, trade mark and design attorneys.
In the first part of this interview with Swell Energy CEO Suleman Khan we heard about how Swell Energy has been working to ‘productise’ the virtual power plant proposition: making it attractive to utilities and to their end-customers and then wrapping that into a long-term agreement. This time out, we speak to Suleman about some of the finer details of the VPP proposition and where he thinks the market is heading.
Construction of two large-scale solar-plus-storage projects has begun on the Hawaiian island of O’ahu, totalling 76MW of solar PV and 300MWh of battery storage, by Clearway Energy Group.
Canada-headquartered lithium-ion battery recycling specialist Li-Cycle will build its third facility in Arizona, joining plants the company already operates in Ontario and New York State.