The addition of energy storage has made a 1MW community rooftop solar project in Massachusetts viable, after a long-term PPA was secured with a local utility.
The European electricity storage market has seen an impressive growth over the past two years. Whereas in 2015 some 300MWh of battery storage capacity was newly installed, just two years later in 2017, more than 700MWh was added. Delta-ee’s Valts Grintals gives you some highlights and pinpoints some recent trends across the continent.
Four projects have been awarded £42 million (US$59.6 million) of UK government money between them to conduct research aimed at overcoming battery challenges, mainly focused on electric vehicles.
ADS-TEC has just completed and connected a 2.5MW energy storage system in Germany, designed to smooth the variable output of wind power generation, while RES Group has just been awarded a 10MW energy storage project contract in the same country.
Solar Energy Corporation of India (SECI) has reached out to industry to establish how much interest there is in providing EPC services for a 160MW solar-wind hybrid project coupled with energy stroage in the state of Andhra Pradesh.
France-headquartered multinational utility ENGIE has followed up acquisitions in smart energy by incorporating three companies including commercial energy storage provider Green Charge into its parent brand, with the explicit aim of furthering its position in North American markets.
Africa’s largest private equity firm has led a round of financing for Off Grid Electric to fuel the microgrid provider’s expansion in the continent, with investors including an arm of General Electric (GE).
