BIRD Energy, a foundation jointly created by the US Department of Energy (DoE) and Israel’s Ministry of Energy (MoE) will invest around half the amount required to fund US$12 million of solar, storage, energy efficiency and microgrid projects in Israel.
EDF Energy, one of the UK’s ‘Big Six’ major energy suppliers, is seeking to build a portfolio of domestic batteries to take into energy services markets by offering discounted energy storage units to consumers via a new partnership with manufacturer Powervault.
Finland-headquartered clean energy solutions provider Fortum is to deploy the largest battery so far in the Nordic region, a 6.2MWh system at a hydropower plant in Sweden.
Energy-Storage.news has heard from the founder and CEO of start-up Lumenion that the company’s technology, now being trialled in Germany by Vattenfall, can store energy in steel structures for up to 48 hours.
Kokam has been awarded contracts to deliver 40MWh of battery energy storage at solar power plants in South Korea, including its newest High Energy Lithium Nickel Manganese Cobalt Oxide (HE NMC) batteries.
The US government has been urged to recognise the “critical role” energy storage can play in making the grid cleaner and able to accept more renewable energy, by increasing the eligibility of batteries and other technologies to receive the Investment Tax Credit (ITC).
The economics of rural electrification using microgrids should be considered an investment for the future, akin to how Silicon Valley tech providers plough money into initially loss-leading products and services, the chief of developer and manufacturer Solar Philippines has said.
India Energy Storage Alliance (IESA) executive director and Energy-Storage.news guest blogger Dr Rahul Walawalkar has been appointed chair of the Global Energy Storage Alliance (GESA).
NEC Energy Solutions has been selected by the UK’s first listed fund targeting energy storage to deliver two projects totalling 19MW, including what could be the largest behind the meter installation in the country.
In order to address intermittency in its grid, the South Australian Government has introduced a AU$50 million (US$36 million) Grid Scale Storage Fund (GSSF) to help accelerate the deployment of new large energy storage projects, including pumped hydro, hydrogen, gas storage, solar thermal, bioenergy and battery storage.