Some news in brief from around the world of energy storage this week: Manz underlines positive assessment of energy storage sector with US$55 million deals, Sonnenbatterie backs US push with investment from INVEN Capital, local sources report AES wants to build 250MW of projects in Philippines.
Venture capital (VC) funding for battery and energy storage companies totalled US$126 million in the second quarter of this year, almost doubling Q1’s US$69 million total raised, according to a report from Mercom Capital Group.
Energy storage can become a “significant” component for future balancing of the UK National Grid, but must overcome policy challenges if it is to realise its potential.
Australia’s “largest solar and battery storage project to date” will be built by German developer Juwi at a copper and gold mine, with support from public bodies including the country’s Clean Energy Finance Corporation (CEFC).
There is “still an argument to be had” over the best use of storage solutions in the UK markets, with pure storage or back-up capabilities two possible options according to LG Solar head of UK sales Bob Mills.
Battery manufacturer BYD’s deal to supply up to five electric double-decker buses for London is a “big win” for the company but not enough for them to start discussions on a European base, according to Lux Research’s Lilia Xie.
Energy storage technology is now used in 44% of US microgrids with 92% of that storage commissioned since 2012, according to GTM Research’s latest report.
Andy Colthorpe spoke to Energy Storage Association (ESA) executive director Matt Roberts a few weeks ago, shortly after the group’s annual conference in Dallas, Texas. Based in Washington, the organisation’s activities include advising on policy at regulatory and state level as well as encouraging technologists and researchers to share knowledge.
Andy Colthorpe spoke to Energy Storage Association (ESA) executive director Matt Roberts a few weeks ago, shortly after the group’s annual conference in Dallas, Texas. Based in Washington, the organisation’s activities include advising on policy at regulatory and state level as well as encouraging technologists and researchers to share knowledge.
Andy Colthorpe spoke to Energy Storage Association (ESA) executive director Matt Roberts a few weeks ago, shortly after the group’s annual conference in Dallas, Texas. Based in Washington, the organisation’s activities include advising on policy at regulatory and state level as well as encouraging technologists and researchers to share knowledge.
