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Northvolt, the consortium seeking to establish significant lithium-ion battery cell manufacturing facilities in Europe, has raised US$1 billion in equity capital from parties including Volkswagen and BMW and the merchant banking division of Goldman Sachs.
Plans by ScottishPower Renewables to build a 50MW battery next to its Whitelee onshore wind farm have been approved by the Scottish government, with the developer hailing it as a "significant step" towards renewable energy providing the baseload for the grid.
Details have emerged of the UK's Smart Export Guarantee (SEG), which will see owners of small-scale solar facilities continue to be paid for surplus energy sent to the grid, aiming to close the policy gap left by the end of feed-in tariffs (FiTs), by the end of 2019.
The Central Indian state wants storage services to help cater for an extra 2.7 million customers brought online by electrification schemes as well as increasing penetration of renewable energy on the grid.
Installing a 10MW battery system in Bermuda was a “no-brainer” from both an economic and technical standpoint, one of the engineers at Bermuda utility BELCO has told Energy-Storage.news.
Two of the best known system integrators in the energy storage field have just completed work on large-scale battery systems on the eastern coast of the US, NEC in Massachusetts and Aggreko in New York.
India is looking at gravity-based energy storage to take advantage of the technology's short response times and flexibility when it comes to grid integration of clean energy sources.
Two bills that have been introduced in the US to support and accelerate the development and deployment of energy storage are enjoying cross-party support and look likely to pass unopposed, an analyst has said.
World Bank Group has set up a “global international partnership” to support the deployment of energy storage in developing countries, just a few months after committing a US$1 billion sum to the sector.
Tokyo’s main power company is using blockchain distributed ledger technology to assess how customers on its new renewable energy tariffs could use solar, batteries and electric vehicles to trade energy via the grid.
A large-scale battery storage system will be built in Texas for the US’ biggest electric utility cooperative, to time-shift solar-generated loads and provide grid services to transmission operator ERCOT.
Total’s wholly-owned subsidiary, Saft, has completed work on a 10MW / 5.5MWh energy storage project in Bermuda that only began in February.
Thanks to “innovative business models” and the combination of PV with batteries, Japan’s “solar boom” is far from over, market expert Izumi Kaizuka of RTS PV has said.
With batteries at the heart of its plans, utility ScottishPower wants to make Glasgow the UK’s first ‘net zero energy’ city, in collaboration with Glasgow City Council.
Timed to coincide with this week’s EU elections, a set of 10 recommendations to “kick start” energy storage has been unveiled by European trade association EASE.
Fortune 100 technology company Honeywell will supply a multiple megawatt-hour battery energy storage system at a commercial site in Ontario, Canada.