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.
Construction work has begun in the US on what is claimed to be the world’s biggest solar-charged battery storage project, by utility company Florida Power & Light (FPL).
Specific recommendations from a prominent industry group for tax reforms and other changes to support energy storage were not included India’s Union Budget for 2021-2022, but certain aspects of the budget such as the promotion of domestic self-reliance have been welcomed by it.
A lithium-ion battery recycling plant is under construction in Norway, focusing initially on electric vehicle (EV) batteries, but the CEO of the company behind it has said that it will also be capable of processing batteries from stationary energy storage systems (ESS).
The results of Spain’s auction last week for 3GW of renewables capacity have been widely welcomed by the country’s solar sector, but calls have been made to tweak future auctions to support smaller-scale projects as well as encourage the participation of bids with energy storage.
