KORE Lithium Technologies Inc (KORE Power), a US headquartered manufacturer of nickel manganese cobalt (NMC) battery racks for the utility-scale stationary energy storage market, has retained renewable energy investor CohnReznick Capital as its Investment Bank of Record.
Batteries are increasingly widely used in grid balancing, but there are many more applications where a battery can play an important role. With electric grids requiring periodic maintenance, batteries can stand in for the grid during downtime in order to reduce the impact on industry and households, writes Dieter Castelein.
US utility Northern Indiana Public Service Company (NIPSCO) has issued request for proposals (RfPs) for a mix of technologies across solar, energy storage, wind and others to meet requirements for extra power generation identified under its Integrated Resource Plan (2018 IRP).
NGEN, a developer based in Slovenia, has celebrated the installation of a 22MWh grid-scale battery energy storage system (ESS) supplied by Tesla in what is thought to be the product’s first deployment in the Balkans.
Major US utility company Duke Energy has announced the first grid-scale battery energy storage project to be built in the service territory of Duke Carolinas, in Anderson County, South Carolina.
Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.
Distributed renewables and energy storage are now the cheapest form of baseload power and if Western Australia’s remote areas can benefit from that, we can all benefit, argues David Martin, founder of energy trading platform provider Power Ledger.
Inverter manufacturer Sungrow, which is rapidly becoming also known for its energy storage systems (ESS), will be supplier for Stem Inc.’s forthcoming large-scale solar-plus-storage projects in Massachusetts.
A 6MW / 48MWh battery energy storage system paired to a 15MW diesel generator has gone online on Nantucket, in what has been described by project owner National Grid as the biggest system in New England to date.
