The Green Climate Fund (GCF) is providing a US$12 million grant as additional financing for 6MW of grid-connected solar PV combined with 3MW/12MWh of battery energy storage projects on the Cook Islands.
Australia has launched new interactive maps of the electricity grid specifically to support decentralised usage of distributed energy resources (DERs) including battery storage, renewable energy and smart demand management.
ZEN Energy’s newly appointed chairman has said he believes there is a “great future for energy-intensive industries in Australia,” as his company approved a 1GW plan for dispatchable renewables aimed at South Australia’s commercial and industrial sector.
Having been subject to discussion for years within the academic sphere, energy storage projects have become a topic of high interest to energy sector focused investors in recent years. Philipp Lobnig of E-nable+, an online platform connecting energy projects with investors, offers his views on the key questions these investors should be asking.
Australian redox flow energy storage maker Redflow says a Thai factory set to start producing its batteries could be producing 30Wh annually when it becomes fully operational.
Updated: Singapore’s Energy Market Authority (EMA) will trial the use of lithium batteries and redox flow energy storage to help integrate renewable energy onto its grid, delivering services both in-front and behind-the-meter.
Indian Discom (distribution company) Tata Power Delhi Distribution Limited (Tata Power-DDL) and German government-owned entity GIZ have signed a memorandum of understanding (MoU) to work jointly on promoting rooftop solar, energy storage systems, EVs and smart grid initiatives.
Private equity fund SoftBank Vision Fund has officially signed off on a Memorandum of Understanding (MOU) with Saudi Arabia’s Public Investment Fund (PIF) to develop 3GW of PV and energy storage capacity within Saudi Arabia.
The amount of VC funding invested in battery energy storage companies in the first nine months of this year has more than doubled from the equivalent period of 2016, according to a report from Mercom Capital.
Independent accreditation and testing company DNV GL has created Battery XT, the first testing-based verification of battery lifetime for Li-on batteries.
