A serious incident at an energy storage project that hospitalised four firefighters in Arizona is currently under investigation, with “investigative outcomes” from the utility in question, APS, set to inform the industry’s path forwards.
Along with TEPCO, Mercom named other major utilities and companies with a background in oil and gas as investors in the battery storage sector during the quarter.
A fire at a large-scale battery energy storage project late last week left four firefighters injured in Arizona, with two reported to be seriously injured, in an incident now under investigation.
‘Hybridising’ energy storage systems by combining lithium-ion and flow batteries, shares the power and energy application workloads between the two types of battery and can prolong their life expectancy, a representative of Thai engineering firm TSUS Group has said.
Subsidiaries of state-run energy conglomerate China Energy Engineering Corp have started constructing two major solar plants and one of the largest energy storage systems in China, according to filings on the Stock Exchange of Hong Kong (HKEX).
While energy storage, like the electrification of transport, is often discussed as the ‘Next Big Thing’ for first world economies, this emerging technology is starting to play an important role in developing nations too.
Portugal’s EDP has inked a deal for its largest PV project to date, a 3.8MWp solar-plus-storage duo it will develop for lead acid battery and storage system maker Exide Technologies.
Grid-connected energy storage deployments have enjoyed a compound annual growth rate (CAGR) of 74% worldwide in the years 2013 to 2018, with a “boom” in deployment figures expected over the next five years, analysis firm Wood Mackenzie has said.