US energy storage had a fairly quiet period in the third quarter of this year deploying just 16.4MW/31.4MWh but enjoyed a record quarterly sum of US$660 million of corporate investment.
A corporate venture fund set up by oil and gas company Statoil has invested in North American energy storage developer Convergent Energy + Power.
Centrica, multinational major utility and owner of British Gas, is to launch a £19 million (US$24.2 million) UK pilot project which will assess the development of a virtual energy marketplace with renewables and storage at its heart in the UK.
An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, Energy-Storage.News’ sister site PV Tech revealed today.
Poor grid flexibility in Indonesia means energy storage could be critical leverage when trying to install solar and wind projects.
SolarPower Europe is calling on the European Commission (EC) to address both solar power and energy storage in its upcoming Energy Union Package. In light of this, the association’s Task Force on solar & storage has created 10 policy priorities that will need to be considered to develop an appropriate framework for those technologies.
The merging of Tesla and SolarCity into a single entity creates a new company well-placed to deliver a full range of energy-related products and services to consumers, analysts have said.
The UK’s government department for business, energy and industrial strategy (BEIS) and its regulator, Ofgem, have jointly launched a Call for Evidence on System Flexibility for the country’s power networks, putting storage at the forefront. Anthony Price, head of trade group the Electricity Storage Network spoke to Energy-Storage.News about the document, which gives stakeholders until January to respond.
Low carbon transport body Cenex has launched a technology demonstration trial of vehicle-to-grid (V2G) systems in three major European cities.
The US energy regulator has opened a consultation process on the integration of energy storage into a competitive market structure.
