NEC’s Energy Solutions division, which has been responsible for NEC Corporation’s activities in the battery energy storage industry, is “going out of business” according to a report by Bloomberg.
A project demonstrating aggregated solar-plus-storage in Louisiana involving energy storage company SimpliPhi Power, technology partner Heila and local utility SWEPCO has started off small, but is “expected to transition into a larger network of distributed systems, soon”.
Tesla’s just-released sustainability report for 2019 asserts the belief that “the notion that a sustainable future is not economically feasible is no longer valid”.
SPONSORED: EDF are one of the largest aggregators of distributed flexible assets in Europe with significant presence in the UK, France, Germany and Belgium. Chris Regan, Head of Energy Trading Services, speaks to Energy-Storage.news editor Andy Colthorpe about EDF’s view on battery storage and optimisation, the impacts of the pandemic on this market and what the future could look like.
Lithium-ion cell prices will fall by around 46% between now and 2029, according to new analysis from Guidehouse Insights, reaching US$66.6 per kWh by that time.
Reducing peak demand for commercial and industrial (C&I) electric utility customers in Ontario remains a big opportunity for using battery energy storage to reduce costs and decarbonise, three partner companies working on a 2MWh project have said.
June 2020’s episode of the Solar Media Podcast is now available to listen to, and it’s jam packed with insight and discussion around a flurry of activity in the US and Europe.
Analysis firm Wood Mackenzie has held onto its forecast that the US will deploy around 7GW of energy storage annually by 2025 and found that 97.5MW / 208MWh of storage was installed during the first quarter of this year.
QCELLS has invested AU$5 million (US$3.45 million) in SwitchDin, an Australian distributed energy resources (DERs) software company that offers capabilities including virtual power plant aggregation and microgrid-forming.
