Two startups seeking to disrupt the energy sector with novel long-duration energy storage technologies have formed partnerships with established industry players.
Battery storage is flexible, remarkable — and investable — but you need to know what you’re doing and know where the market opportunities and limits lie. Renewable and clean energy financier Laurent Segalen from Megawatt-X explains some of the things he’s seen as batteries have become an infrastructure asset in their own right.
The suitability of battery storage and other advanced energy technology equipment for enabling greater integration of renewable energy onto Poland’s electricity grid has been successfully verified at the Polish-Japanese Smart Grid Demonstration Project.
London-headquartered investment fund GLIL Infrastructure has invested £150 million into Flexion Energy, a “modern utility company and energy storage infrastructure specialist” which is aiming to build 1GW of energy storage in the UK over five years.
Testing and accreditation group DNV is going to build a Battery Safety Laboratory at Twente Safety Campus, a specialised complex in the east Netherlands dedicated to developing safety innovations and procedures.
Gresham House Energy Storage Fund (GRID) is on track to own more than 1.2GW of operational battery energy storage systems after securing a deal to acquire 425MW of projects from Gresham House Devco and expanding its exclusive pipeline by a further 427MW.
Energy-Storage.news was delighted to host this sponsored webinar with Leclanché, as the company launches its latest design for more modular, transportable and safe battery storage system, called LeBlock.
UK power generation company Drax has announced plans for a new underground pumped hydro storage power station, and will seek planning permission to expand its Cruachan site in Scotland to 1.04GW.
Hybrid renewables are playing a strategic role in accelerating the decarbonisation of power generation and supporting the Paris Agreement and the United Nations Sustainable Development Goals (SDGs), as well as supporting the UK’s net zero by 2050 ambition and its interim emissions reduction of 78% by 2035. Consultant Peter Lo of ITPEnergised discusses the UK’s emergence into the hybrid energy sector and how it is better for our planet, better in the economics and better for offtake.
Growth in renewables and corresponding market pricing is the key driver for the commercialisation and global adoption for vanadium flow batteries (VFBs) and an important reason why we will see further growth for this technology over the years to come, says Ed Porter of Invinity Energy Systems.
