New company Allye Energy has raised £900k (US$1.1 million) to scale up production of its mobile battery energy storage system (BESS) using second life EV batteries.
Energy storage assets are versatile, profitable low carbon resources that need the right conditions and guidance to deliver value from the very start of operation, writes TWAICE.
The Singapore Energy Market Authority (EMA) is figuring out how energy storage technologies can be widely deployed in the country, overcoming constraints such as limited availability of land.
Investor DIF and renewable energy optimiser Pexapark have announced what they claim is the UK’s ‘first bankable and unsubsidised co-located PPA’, for a solar and storage project.
Many ASEAN countries are advancing their adoption of renewable energy with the support of regulators, but the same can’t yet be said for energy storage technologies.
US utility company Xcel Energy has received approval from Minnesota state regulators to build a 1GWh project in the state using Form Energy’s iron-air battery storage technology.
Ormat Technologies has signed a PPA for a California solar-plus-storage plant, shortly after announcing the start of commercial operations at two standalone battery projects.
London-based investor NextEnergy Capital has closed a US$480 million tranche of investment in its NextPower V ESG (NPV ESG) fund, which is targeting solar and battery storage.
