With the catastrophic impacts of climate change seen around the world, there is little time left to act but energy storage has a huge opportunity to be part of the solution, the audience at World Energy Storage Day online conference heard today.
A battery energy storage system (BESS) pilot project has been commissioned in Lithuania, paving the way for a much bigger rollout of the technology scheduled to begin soon.
London Stock Exchange-listed solar PV investor NextEnergy Solar Fund (NESF) has signed a £100 million (US$136.8 million) Joint Venture Partnership (JVP) with battery storage specialist Eelpower.
The breakneck speed of policy changes for US solar, a wave of investment and M&A deals in energy storage and skyrocketing power prices are the main topics of this month’s podcast.
Success for project proposals combining solar PV with battery storage in Germany’s latest multiple technology tenders for renewable energy are proof of the importance of energy storage, the managing director of German energy storage association BVES has said.
Work has started at a battery storage site lauded as the largest of its kind under construction in the UK by developers Harmony Energy and Fotowatio Renewable Ventures.
A new 50MW battery storage site in the UK will be another example of how batteries are benefiting the grid and offering returns for investors, the company behind the project has said.