UK aggregator Kiwi Power is launching a ‘co-optimisation’ offering as it warns that relying on fast frequency response (FFR) could risk half of potential revenues.
Germany-headquartered battery manufacturer Varta will receive €300 million (US$338 million) of government funding to develop large format lithium-ion cells, which has been deemed a project of potentially strategic interest for Europe.
Calls have been made across Europe for recognition and support for the vital role that energy storage can play in decarbonisation, reducing air pollution and contributing to a ‘green recovery’, both through legislation and industry sector activity.
Powin Energy VP Danny Lu has said that attaining what is considered the highest standard in safety means that projects using the company’s Stack 225 battery storage system products can be executed faster and pack more capacity onto a single site.
FlexGen, an energy storage system integrator that counts GE and Caterpillar among its backers, said this week that a lithium-ion battery storage system it was supplied was used by an Indiana utility to black start a 77MW natural gas plant.
Mitsubishi Corporation said today that it is partnering with major Japanese telecoms provider NTT to “study cooperation” in renewables, energy management using electric vehicles and battery energy storage, while according to reports, NTT is investing around US$1 billion a year in renewable energy up to 2030.
Arizona utility Tucson Electric Power (TEP) has set out plans to provide 70% of its power from solar and wind by 2035, backed up with investment in new energy storage capacity.
French utility EDF is launching a major solar-plus-battery storage hybrid initiative in England and Wales as part of plans to double its installed renewable base.
When most people think of the metals that power today’s energy storage systems, vanadium and lithium are at front of mind. Ron MacDonald, president and CEO of Zinc8, argues the case for another metal playing an important role.