Energy storage systems integration company LS Energy Solutions has appoined Steve Fludder, former head of NEC Corporation’s Energy Solutions division, as its new chief executive officer (CEO).
The acquisition of Advanced Microgrid Solutions (AMS) saw energy storage technology provider and system integrator Fluence take on AMS’ artificial intelligence (AI)-enabled optimised bidding software for energy storage and renewable energy assets. Energy-Storage.news editor Andy Colthorpe asked Fluence CTO Brett Galura and former AMS CEO Seyed H. Madaeni some key questions about the acquisition.
Tesla said that it more than doubled production volumes of grid-scale energy storage solution Megapack in the third quarter of 2020 as the company continues to ramp up production to “match unprecedented demand across the globe”.
Balancing the electricity supply system is not a simple task anywhere in the world, especially as more and more distributed energy resources come online. OpenADR can kick in, whenever the grid operator needs to reduce demand to keep the system stable. Aric Saunders of Electriq Power explains.
Indiana’s solar capacity is set to surge in the next three years as the state’s second-biggest utility unveils plans to develop three large-scale PV projects, two of which will include battery storage.
Venture capital (VC) funding in battery storage companies in the third quarter of 2020 was up 78% on the previous quarter, while total corporate funding in the sector for the first nine months of the year rose by 62% compared to the same period in 2019.
The latest annually-published figures from financial advisory and asset management firm Lazard show that the on the levelised cost of energy storage (LCOS) continues to fall, with solar-plus-storage becoming increasingly price competitive.
The specific cell chemistry chosen by rechargeable lithium-ion battery manufacturers and suppliers may be the “most visible” characteristic of their devices, but is only one of five primary factors influencing battery performance.
Vertically integrated solar PV company Canadian Solar will install 75MW / 300MWh of battery energy storage at a California solar power plant owned by Goldman Sachs Renewable Power.
Energy-Storage.news was delighted to host a sponsored webinar on ultracapacitors with EITInnoEnergy a few weeks ago and you can watch the whole thing on our YouTube channel.
