Analysis firm Wood Mackenzie has held onto its forecast that the US will deploy around 7GW of energy storage annually by 2025 and found that 97.5MW / 208MWh of storage was installed during the first quarter of this year.
QCELLS has invested AU$5 million (US$3.45 million) in SwitchDin, an Australian distributed energy resources (DERs) software company that offers capabilities including virtual power plant aggregation and microgrid-forming.
Industry voices in the UK have said that electricity market activity during the COVID-19 pandemic shows that the network will become prohibitively expensive and possibly unmanageable without the further rapid deployment of energy storage.
Leclanché is undergoing a “strategic reorganisation” of the company and said it has secured funding for its manufacturing and R&D activities while also announcing a pivot towards becoming a “green tech software and systems integration company”.
Portsmouth International Port (PIP) on the south coast of England has announced it will pilot a new smart energy system that includes a novel energy storage solution.
Battery energy storage deployed at Cleve Hill, the largest solar farm planned in the UK to date, will be installed and operated in line with a safety plan agreed with local fire services and the national Health and Safety Executive.
The European Union’s European Investment Bank (EIB) has affirmed its commitment to supporting a “pan-European battery industry”, while plans of the UK’s first full cycle battery cell gigafactory have been unveiled.
