Distributed energy storage systems made by power management company Eaton will be able to participate in grid balancing markets through integration with a virtual power plant (VPP) platform developed by electric vehicle (EV) charging equipment provider Virta.
System integrators – companies that create large-scale and commercial and industrial battery energy storage system (BESS) solutions to order – have driven the market’s rapid growth so far but face a diversifying landscape marked by competition and consolidation in the years ahead.
The sovereign wealth fund of Qatar has agreed to invest in energy storage solutions provider Fluence in a transaction that values the technology company at more than a billion dollars.
Let’s take a look at the news stories that had the most page views on the site since the beginning of 2020. The list covers everything from always-in-focus topics of cost reduction and competitiveness, to fire safety, innovation and commercialisation of new technologies and, of course in this year, COVID-19.
PG&E, one of California’s main investor-owned utilities (IoUs) has awarded contracts for more than 1,000MW of battery energy storage projects to be deployed in its service area by the end of 2023, the company’s senior VP for energy policy and procurement has said.
DERs interconnected with the grid position a utility to better manage peak demand, avoid transmission overloads and keep electricity flowing, but interconnection of battery, solar and other DERs is not without its challenges. Jason Allnutt from IEEE Standards Association discusses a standard that has become an “essential resource” for stakeholders.
Renewable energy marketplace creates a financial contract that “complements” existing power purchase agreements (PPAs) between corporations and developers.
