Tesla’s former EMEA vice-present has taken on an advisory role for Solo Energy as the company seeks to build out its vision of a virtual power plant driven by residential and commercial battery systems.
Macquarie Capital Korea, a subsidiary of investment firm Macquarie Group, has signed a memorandum of understanding (MoU) with the county office of Goesan in South Korea to finance a significant solar-plus-storage project, while it has also invested in what is said to be the largest energy storage project base in the country.
The Australian state of Victoria has been given a “taste of what’s possible” with the launch of utility Origin Energy’s first virtual power plant (VPP) project to date.
The US deployed 42% megawatts more energy storage in the second quarter of this year than in the first, with residential installations overtaking utility deployments for the first time.
Using energy storage – and often renewables – could see mines, cement companies, data centres and other large industrial operations in emerging markets reduce their electricity costs drastically, the CEO of Greensmith has said.
Following news of SB100, legislation that would set California on a path to 100% renewables by 2045, the state is also on the brink of setting up a rebate programme for energy storage equipment sales.
US utilities deployed more than 520MWh of energy storage on their networks in 2017, bringing the country’s cumulative installed capacity of grid-connected energy storage systems to over 1GWh, trade organisation Smart Electric Power Alliance (SEPA) has found.
Amazon has submitted plans for a 4MW rooftop solar array to be deployed on its Tilbury fulfilment centre alongside a 3.77MW Tesla battery facility to help power the site, our UK sister site Solar Power Portal has revealed exclusively.
Virtual power plants, flow batteries and the economics of lithium-ion battery degradation are the focus of three feature-length articles, available now in the latest edition of Solar Media’s quarterly journal PV Tech Power.
Utility Xcel Energy’s latest resource plan for Colorado, aimed at increasing renewable energy generation and aiding the retirement of coal plants, was approved by the state’s Public Utilities’ Commission (PUC) on Monday.
