Investors are queuing “all the way down the street” but many require the first projects to be built before committing, Gridserve’s chief investment officer Mark Henderson has said.
Battery storage assets in the UK successfully landed capacity agreements in last week’s T-3 Capacity Market auction by listing as demand side response (DSR) assets.
A 1.2GW hybrid tender in India coupling pumped hydro, batteries, solar and wind power has achieved tariffs that are highly competitive against coal power, according to prominent industry figures.
Kelly Speakes-Backman, CEO of the Energy Storage Association and 2019 Cleanie Awardee for Woman of the Year, says Federal issues remain important, but we shouldn’t ignore the actions on the ground across the US.
An energy storage system made up of ‘second life’ batteries previously used in Renault’s electric vehicle (EV) has been deployed for Umicore, a multinational materials technology company headquartered in Belgium.
EU decision-makers have recognised the key role energy storage can play, integrating it into the EU’s Clean Energy Package (CEP) in some critically important ways. Valeska Gottke at BVES looks at how Germany’s industry is working towards these same goals.
The India Energy Storage Alliance (IESA) has welcomed provisions in finance minister Nirmala Sitharam’s Union Budget 2020-2021 to support renewables and prioritise climate change policy, although the group hopes more will be done to support in-country manufacturing of batteries for applications including ESS.
Tesla has anticipated a solid 2020 on the renewable deployment front after its figures for 2019 proved stellar for storage installs but far less so for PV additions.
