The high rates of return in the UK energy storage market seen in the last 6-12 months are unlikely to continue going forward as capex costs increase and ancillary markets saturate.
JSW Energy, part of Indian conglomerate JSW Group, has inked a memorandum of understanding with the Chhattisgarh government to build a 1GW pumped hydro storage project.
EDF Renewables subsidiary Powerflex has partnered with Ontario utility Hydro One to develop distributed energy resource solutions in the Canadian province.
