Google will procure energy from a US$600 million portfolio of renewables and energy storage assets specially-designed to enable the search engine company’s data centres in Virginia to run on 90% carbon-free electricity.
Mitsubishi Power Americas and Powin Energy have been appointed to retrofit 640MWh of batteries to solar PV plants in California, while a community energy group in the state has just signed a power purchase agreement for a 100MW solar plant with 150MW / 600MWh of storage.
Germany’s second ‘Innovation Tender’ for clean energy projects combining different technologies has awarded 258MW of capacity to solar-plus-storage across 18 bids.
With batteries today finally reaching the size and capacity that enables renewables to replace medium-sized natural gas generators, a future ruled by solar and storage is just around the corner, writes Radoslav Stompf, CEO of FUERGY.
Hitachi ABB Power Grids has signed a collaboration agreement on battery energy storage for renewable energy projects in the Americas, with Atlas Renewable Energy.
US$300 million in new funding from Manulife Investment Management will enable CleanCapital, a clean energy investment platform mostly focused on distributed solar, to also provide “long-term, flexible capital” to energy storage developers.
Energy storage developer Convergent Energy + Power has signed a long-term agreement with grocery store chain Tops Friendly Market for three large-scale community solar-plus-storage facilities in upstate New York.
Three new battery energy storage system (BESS) projects from the US that may not individually make headlines for their relative size, but nonetheless prove the value and flexibility of batteries for the grid.
Corporate funding into the battery storage sector in the first quarter of this year totalled US$4.7 billion across 17 deals, a huge leap from the equivalent period of last year, according to a new report from Mercom Capital.
