UK battery storage firm Zenobe Energy has secured a £25 million (US$32.27 million) investment from Japanese power giants Jera and Tokyo Electric Power Company (Tepco).
Firm spies potential for more than 4.5GW of flexible power capacity in the UK alone and a home energy management industry which it expects to be worth more than US£2 billion (US$2.58 billion) a year by 2025.
Battery and energy storage system maker Saft has confirmed the go-ahead of a project in Bermuda that was reported by local press sources earlier this month.
Expert briefing held six weeks before the Brexit deadline explores strategies for UK energy players to counter price volatility under a no-deal scenario
Consumers in a South London housing estate will soon be able to trade solar power amongst themselves as an blockchain-enabled pilot project backed by EDF gets underway.
Long duration flow battery manufacturer CellCube will bring its large-scale vanadium redox flow systems to the UK, with the country’s Capacity Market firmly in its sights, according to Immersa, which the Canadian energy storage company has signed up to partner with.
The scrapping of the UK’s Zero Carbon homes policy is costing occupants of new-build homes more than £200 (US$257.14) per year, essentially three times the targeted savings from a price cap set by the regulator, Ofgem.
UK battery storage developer Anesco has combined its behind- and in front of the meter storage divisions as part of a wider internal restructure which has triggered the loss of 18 jobs.
