New York has become the latest US state to decide to support energy storage through its legislature and will be setting targets for deployment of the technologies in the coming weeks.
Developer Convergent Energy & Power has installed a commercial and industrial (C&I) energy storage system in Ontario for an injection-moulded plastics company, sized with 8.5MWh of batteries.
Sunverge Energy has signed off on deals with three electric utilities in Arizona, Florida and Vermont that will expand the company’s customer base for its storage system and Virtual Power Plant (VPP) platform.
Swiss institutional investment group SUSI Partners has agreed to finance C$120 million (US$94.56 million) of commercial and industrial (C&I) sector energy storage projects by Canadian project developer/owner NRStor.
Over the past couple of weeks, various flow battery makers have touted new sales and supply chain agreements as the fledgling sector fights for a share of the stationary energy storage market.
The rise of energy storage will enjoy a similarly meteoric trajectory to that enjoyed by solar PV deployment in the past and could reach 305GWh of installations by 2030, BNEF has predicted.
Start-up Romeo Power has opened a lithium battery pack factory in Los Angeles, aimed at the EV and stationary energy storage markets, aiming to ramp up to 4GWh production capacity by next year.
Younicos has completed the installation and commissioning of an upgraded 3MW battery-based energy storage system on Kodiak Island, Alaska. Younicos replaced the previously installed lead-acid systems with advanced lithium-ion batteries — expanding the system’s operational lifetime while boosting performance.
We often hear about California’s leading position in solar and latterly in energy storage. Perhaps lesser known than direct policy support for energy storage and renewable technologies is the way California’s network operator (CAISO) is starting to reconfigure how it procures demand response, with a positive impact for energy storage – and particularly behind-the-meter assets, as Ted Ko, policy director of Stem, explains.
