Major US renewables investor Capital Dynamics has spun off its US clean energy infrastructure arm and merged it with its former asset management affiliate to create Arevon Energy, a new multi-gigawatt solar and energy storage platform.
Seasoned renewable energy lawyer Adam Walters from Stoel Rives argues that procurement in the battery storage space is currently like a sort of Wild West.
Batteries will be mounted on electricity poles across the low voltage distribution network and aggregated as a virtual power plant (VPP), in a project which will trial their ability to integrate more renewable energy in two regions of Victoria, Australia.
It may be the height of summer but there’s no respite for the Solar Media Podcast, the new episode of which is packed full of insight as the US begins its clampdown on solar imports.
Breakthrough Energy Ventures was among investors in a Series C funding round for Reactive Technologies, a company which has developed a means to measure “fundamental grid stability parameters in real-time,” offering visibility to renewable energy and energy storage asset developers and system planners.
Users of US solar price comparison site EnergySage are increasingly drawn towards battery storage through concerns around having enough power in emergency situations, with 70% of users now requesting storage with their solar quotes.
Canadian Solar has seen a “surge in demand for battery storage capacity,” CEO Dr Shawn Qu said, as the vertically-integrated solar PV company reported its latest quarterly financial results.
Philippines power generator, supplier and distributor AboitizPower has confirmed progress on large-scale battery energy storage system (BESS) projects which the company claimed will be part of “the foundation to sustain its long term growth”.
