US residential solar installer and leasing company Sunrun will aggregate home solar-plus-storage systems into a virtual power plant (VPP) capable of providing 5MW of grid support, with California utility Southern California Edison (SCE).
Barriers to financing for energy storage could hold back the growth of solar in the US, while an Investment Tax Credit (ITC) for standalone energy storage should be introduced, the audience heard as our publisher Solar Media hosted the Solar and Storage Finance USA event last week.
Energy-Storage.news was delighted to host a sponsored webinar with Wärtsilä Energy on how energy storage is being used to support the uptake of electric transport last week – and you can now watch the whole thing on our YouTube channel.
UK energy storage solutions provider Zenobe Energy is targeting an additional 500MWh of storage and 1,000 electric buses following a £150 million (US$198.94 million) investment the infrastructure equity investment arm of investment manager M&G.
The importance of software for the bankability of a project is growing, as the opportunities for energy storage around the United States continues to expand.
A tourism development in Saudi Arabia which will have its own international airport and hopes to attract over a million visitors each year will be 100% powered by renewable energy, with the help of a 1,000MWh battery storage facility.
The Australian state of Victoria has doubled down on its rooftop solar and home battery subsidy programme as part of a drive to help households cover the cost of their power bills while making properties more energy efficient.
With dozens of massive new lithium-ion battery factories planned or already under construction in Europe, Panasonic and Equinor are investigating the potential for a “green battery business” in Norway.
Work has begun on a 195.5MW solar farm in Georgia, US, colocated with 40MW / 80MWh of battery storage for RWE Renewables, subsidiary of Germany-headquartered multinational energy company RWE Group.
