Tesla will acquire Maxwell Technologies, it was announced this week, although it is not clear yet which of Maxwell’s product lines, including ultracapacitors, are of most interest to the Silicon Valley automaker and new energy company.
A €100 million (US$114.44 million) fund will be used to develop and deploy microgrid and energy storage projects by engineering and automation firm ABB, which has recently launched a new line of solutions in those areas.
Uncertainty persists around the impact bankruptcy proceedings brought about at investor-owned utility Pacific Gas & Electric (PG&E) could have on renewables contracts and energy storage projects as it faces “extensive litigation” and “significant liabilities” for California wildfires.
Today, energy storage projects often fail to deliver value because of economic miscalculations. These computational issues, however, can now be mitigated by applying software, analytics and machine learning, write Enrico Ladendorf and Bryce Evans of Pason Power.
LG Chem, IBM and Ford Motor Company have joined an effort to increase the transparency of supply chains for cobalt used in batteries – referred to by some as the ‘Blood Diamond’ of the energy and tech sectors.
Calgary-headquartered Eguana Tech has joined high-profile rivals like Tesla and Sonnen in targeting South Australia’s residential energy storage market, announcing it has become eligible for the state’s incentive programme.
National Grid, in its capacity as the UK’s Electricity System Operator (ESO), last week launched a new ‘Distributed Resource Desk’ in its control room in a move hailed as a “huge step forward” for electricity flexibility markets.
While the likes of California, Massachusetts and New York make headlines as the leading US states for energy storage policy, initiatives from the ground up in New Hampshire, Georgia and Michigan have been announced already this year.
Now in its fourth year, the Energy Storage Summit has been supporting the deployment of this world-changing set of technologies in the UK and beyond since it began and it returns in just a few weeks’ time for the 2019 edition.
