California is facing a huge shortfall of electricity capacity on its grid and advanced compressed air energy storage (A-CAES) can fill the gap, Hydrostor has proposed.
Leaders in the UK and international battery storage space discussed how the industry has rapidly evolved to become a viable business at the heart of the transition to low carbon and renewable energy in this panel session from the Energy Storage Summit 2021.
Since its IPO in November 2018, Gresham House Energy Storage Fund, a utility-scale battery storage investment fund listed on the London Stock Exchange has seen its total share price return of 27.3% significantly outperform the 7.9% returns across the FTSE All Share weighted index.
Energy storage system designer and integrator FlexGen has launched a new service that figures out the feasibility of pre-development projects using the company’s DigitalTwin technology.
UK energy storage investor Gore Street Energy Storage Fund raised £135 million (US$187.89 million) towards deploying a 1.3GW development pipeline, with the funds also to be used for a potential 80MW acquisition for its portfolio of battery projects.
ESS Inc, currently the only maker in the world of a commercially available flow battery using iron electrolytes, will deploy an energy storage system with more than six hours duration to a microgrid in Chile.
Tesla CEO Elon Musk has said that the company is already achieving “good margins” on the residential Powerwall product, but that “some additional work is needed” for its utility-scale Megapack to do so.
What could you do with a battery that can store and discharge energy for 150 hours and do it cost-effectively? CEO and co-founder Mateo Jaramillo was happy to speak with Energy-Storage.news’ Andy Colthorpe about the applications and market opportunities Form Energy is targeting.
What are the best ways to match up long-duration energy storage technologies to applications and revenues? And what is ‘longer-duration’ storage and when will we need it? Florian Mayr and Dr Fabio Oldenburg at Apricum – The Cleantech Advisory offer some perspectives.
