In just the past few days, nearly US$500 million has been committed to downstream activity in the battery energy storage space, with AES Distributed Energy raising US$341 million of debt financing and EsVolta US$140 million of borrowing.
Marek Kubik, market director at Fluence, talks to Energy-Storage.news about the company’s work on the 11MW Kilathmoy battery storage project, delivered in tandem with wind giant Statkraft and Ireland’s grid operator EirGrid.
Dimitrios Pappas, analyst at new energy consultancy Delta-EE, considers the impact the novel coronavirus (COVID-19) could have on the energy transition, particularly for batteries used in EVs and ESS, while Energy-Storage.news editor Andy Colthorpe adds his own take.
Federal energy regulator accused of ‘overreach’ after maintaining provision that forces storage projects to offer minimum prices when competing at state’s capacity market.
Mining giant Rio Tinto is to develop a large-scale solar-plus-storage system at an iron ore mine in Western Australia, continuing a trend of hybrid renewables-plus-storage projects in the region.
For Japan, the famous 4Ds of the energy transition – creating a distributed, decarbonised, decentralised and digitised grid – will involve a huge scaling up of smart solutions on a market basis, various sources have told Energy-Storage.news.
The fire unit at global multinational engineering firm Honeywell made its first move into lithium-ion safety in recognition of battery storage’s “huge potential” for decarbonisation and to help the world move “in a more energy efficient way”, the company has said.