Schneider Electric has partnered with Autogrid for a “grid management solution” that can incorporate and optimise diverse assets including customer-sited energy storage.
The proposed merger between flow energy storage companies Avalon Battery and redT continues to progress, with the transaction set to be completed around the end of March 2020.
New study predicts the energy storage industry will grow to employ millions by 2050, fuelling a renewables jobs boom as fossil fuel industries shed millions of workers.
Centrica and sonnen have completed a virtual power plant (VPP) project in the south of England, which will allow customers to maximise the potential of their solar panels while providing flexibility to the grid.
ZAF Energy Systems, a maker of nickel-zinc (NiZn) batteries which in 2019 claimed a “breakthrough in cycle life” has netted a contract to outfit a data centre in the Southern US for integrator Capitol Power Group (CPG).
While pumped hydro plants still account for around 96% of installed capacity of stationary energy storage worldwide, there will be more than 28GW of lithium batteries deployed for stationary storage applications by the year 2028, Navigant Research has predicted.
Pivot Power is keeping an eye on solutions other than lithium-ion, but chief executive Matt Allen stressed the need to focus on the now and deploy chemistries that are “ready and investable”.
The success of efforts to decarbonise economies in the UK and elsewhere could hinge largely on how governments and business communities – particularly large commercial lenders – engage with the sector in 2020, a UK-based financier of solar and storage has said.
Recommendations made to the government of India as it prepares to publish its union budget for 2020 from industry group India Energy Storage Alliance (IESA) include measures to support both the upstream of industry and the downstream of clean energy deployment.