With a surprise general election coming in June for Britain’s ballot-weary voters, Ian Larive of Low Carbon looks at the possibility of political flux interrupting the industry’s momentum – and why whichever party is victorious, they should back energy storage.
Tesla has announced the first programme to aggregate the capabilities of hundreds of its residential and commercial stationary storage systems in a partnership with Vermont utility Green Mountain Power.
Finnish power equipment firm Wärtsilä has immediately followed up its launch of hybrid and standalone energy storage systems with the acquisition of system integrator and software specialist Greensmith Energy Management Systems (Greensmith).
A number of demonstrator projects for smart grid and storage technologies have been awarded funding under Scotland’s Low Carbon Infrastructure Transition Programme (LCITP).
Power equipment manufacturer Wärtsilä has launched hybrid and standalone energy storage systems, targeting areas where it sees “high market potential”, including remote microgrids and solar PV integration.
British renewables utility Good Energy has launched a corporate bond offer as it looks to plough investment into a diversification strategy focusing on battery storage and EV charging networks.
Two Congressional representatives in the US have united across party political lines to form the Advanced Energy Storage Caucus, a group dedicated to educating Members of Congress on the benefits of the nascent technology.
In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.
Another 500MW of energy storage procurement targets have been bestowed onto California’s three main investor-owned utilities by the state’s Public Utilities’ Commission (PUC), on top of an existing 1.325GW mandate.
