In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.
Another 500MW of energy storage procurement targets have been bestowed onto California’s three main investor-owned utilities by the state’s Public Utilities’ Commission (PUC), on top of an existing 1.325GW mandate.
The second and final instalment in Energy-Storage.News’ blog on the Aliso Canyon energy storage procurement takes a look at some of the most impressive projects in the deployment, as well as what this all means for the future of the industry.
The US Trade and Development Agency (USTDA) is continuing its mission of funding priority development projects in emerging economies, this time by signing two grants that leverage US technology and investment to increase access to affordable, reliable electricity in Kenya.
A 500MW energy storage facility with “5-8 hours” storage duration could be built in San Diego, California, with a local water authority seeking detailed proposals for such a project to support the grid and help integrate renewable energy.
Flow battery maker Primus Power was leader of the charts in VC funding in the first quarter of 2017, securing US$32 million from a range of investors, according to Mercom Capital’s latest report.
In the first of a two-part blog series on the energy storage response to the infamous Aliso Canyon gas leak in California, Energy-Storage.News sets the scene of how the California Energy Commission and chosen system suppliers got their heads around solving a mammoth power shortage with many, many batteries, in a race against time.
Investor-owned energy company National Grid, responsible for electricity and gas delivery in New York, Massachusetts and Long Island, will build a 5MW / 40MWh energy storage facility in Long Island with NextEra Energy.
Multinational utility Engie will install a 1MW / 4MWh Eos Energy Storage zinc hybrid cathode battery system in Brazil and is expected to “exercise the system to its operational boundaries”.
