A US$70 million funding round has been successfully closed by Highview Power, a UK-headquartered company which has developed a liquid air energy storage (LAES) system called the ‘CRYOBattery’.
When turbines at a natural gas power plant in California go offline, battery energy storage will be used as a ‘much cleaner alternative’ to diesel or other fossil fuels in getting them up and running again.
Wärtsilä Corporation has been contracted to install a 10MW battery energy storage system at a wind farm in Mexico, marking an expansion into the country for the energy solutions provider.
Solar inverter manufacturer Sungrow’s energy storage system integration arm has supplied a DC-coupled lithium-ion battery storage system to a solar farm which went online in northern Japan in December.
Energy storage system integrator Powin Energy has gained equity investment which the company claimed will allow it to significantly improve its integrated software and hardware platform.
CEP. Energy, a specialist renewable energy fund company in Australia, has just announced the largest proposed grid-scale battery project in the world so far, with up to 1,200MW rated output.
New ways to increase the numbers of people that can benefit from battery storage are being tried out in Melbourne, Australia, by one of the city’s electricity distribution network owners, in partnership with an energy non-profit.
Financial backing to support early development phases in battery storage and renewable energy projects has been found by Momentum Energy Storage Partners, a project development company launched by DNV GL’s former energy storage lead for the North Americas region.
