An infrastructure group owned by Philippine billionaire Enrique K Razon has proposed construction of one of the biggest solar-plus-storage projects in the world.
Annual deployments of distributed energy storage connected to virtual power plants (VPP) is expected to reach 3GW by 2030, according to research firm Guidehouse Insights.
Ion Storage Systems (ION), a company that has developed a solid state lithium-ion battery technology, has raised a US$30 million Series A to expand its production facility and accelerate its entry into the stationary storage sector.
Norway-headquartered renewable energy group Statkraft is not taking the same bullish approach to Germany’s standalone utility-scale battery energy storage market as others, the company’s head of wind & solar Germany Clause Urbanke told Energy-Storage.news.