A 250-home ‘virtual big battery’ was switched on in Canberra, Australia last week, allowing residents to sell solar-generated power at a significantly higher price than available to them through feed-in tariff (FiT) policies.
Developer Convergent Energy & Power has installed a commercial and industrial (C&I) energy storage system in Ontario for an injection-moulded plastics company, sized with 8.5MWh of batteries.
Sunverge Energy has signed off on deals with three electric utilities in Arizona, Florida and Vermont that will expand the company’s customer base for its storage system and Virtual Power Plant (VPP) platform.
Northern Powergrid, one of the six distribution network operators (DNOs) responsible for delivering power across regions of the UK, is to plough £1.9 million (US$2.53 million) into the creation of a smart energy grid across its network, allowing its eight million customers to trade power and services using their home solar, battery systems and electric vehicles (EVs).
Swiss institutional investment group SUSI Partners has agreed to finance C$120 million (US$94.56 million) of commercial and industrial (C&I) sector energy storage projects by Canadian project developer/owner NRStor.
Filipino firm Kennedy Renewable + Technology Corp has partnered with AC Energy to provide seven school campus buildings in the Island of Tawi-Tawi, south Philippines, with solar-plus-storage systems.
Over the past couple of weeks, various flow battery makers have touted new sales and supply chain agreements as the fledgling sector fights for a share of the stationary energy storage market.
Trade associations the Australian Solar Council and counterpart the Energy Storage Council have merged together to form the national Smart Energy Council.
Verv, an energy monitoring and AI company, has laid claim to launching the UK’s first energy trading community at a housing estate in Hackney, East London.
The rise of energy storage will enjoy a similarly meteoric trajectory to that enjoyed by solar PV deployment in the past and could reach 305GWh of installations by 2030, BNEF has predicted.
