The British government Department for Business, Energy and Industrial Strategy (BEIS) and energy regulator Ofgem have today released plans for a major upgrade of the UK’s energy system, while a separate huge funding opportunity for battery innovation has been broadly welcomed by industry.
British government minister Greg Clark today unveiled the first phase of a £246 million (US$320 million) investment in battery technology with the launch of the Faraday Challenge, designed to boost research and development and position the UK at the forefront of energy storage.
India’s first major large-scale solar-plus-storage tenders, tied with solar parks, have been cancelled by the Solar Energy Corporation of India (SECI).
The Energy Storage Association (ESA) unveiled a new document this month that offers a number of state policy suggestions designed to spur cost-effective energy storage across the US.
Australian media baron Rupert Murdoch’s son James is one of two new independent board directors at Tesla, while the EV, tech and energy storage maker confirmed that former SolarCity CTO Peter Rive is leaving the company.
A local government-owned utility in Australia’s Northern Territory is set to go ahead with a 5MW / 3.3MWh battery energy storage system (BESS) in the town of Alice Springs.
Potential developers for a 500MW pumped hydropower energy storage facility at a reservoir in San Diego have until mid-September to respond to a request for proposals (RfP).
Market conditions are “artificially” restricting energy storage batteries from “leveraging and maximising their multiple capabilities” a US trade group which includes utilities, technology and service providers and grid operators among its membership has argued.
A proposed 500MW pumped hydro energy storage facility in the Philippines will be designed and constructed by Power Construction Corporation of China (POWERCHINA), which will also carry out procurement duties.
National Grid has reduced its forecasts for electricity storage capacity in the UK down to just 10.7GW by 2050 in the most ambitious scenario set out within its future projections for the energy sector.