One of two dedicated energy storage investment funds listed on the London Stock Exchange has seen its Net Asset Value (NAV) per share fall slightly as a result of COVID-19 but remains optimistic for its performance over the year.

Guidelines for lithium-ion battery storage system decommissioning and recycling have been launched in the US by the national Energy Storage Association, while associations in European Union territories as well as the US have come together to launch an online information portal on the safe transportation.

The auction was the first of its kind in Portugal that invited companies to lodge bids with a storage component included, with eight of the 12 batches awarded to solar-plus-storage projects.

A hybrid energy storage system combining lithium-ion batteries with mechanical energy storage in the form of flywheels has gone into operation in the Netherlands, from technology providers Leclanché and S4 Energy.

The UK’s first DC-coupled battery energy storage system is under development in a collaboration between GE Renewable Energy and engineering company Wykes.

AEG Power Solutions’ Convert SC Flex storage converters have been chosen for a smart grid project that will power sports facilities in the Hungarian city of Békéscsaba with green energy.

News in brief from around the world in energy storage.

Portugal’s second solar auction has closed with record-breaking low prices of €11.14/MWh (US$13.12), or US$0.0131/kWh, the country’s government announced yesterday.

Smart grid, energy storage and EV charger solutions provider Alfen has made significant quarterly increases in revenues in all three segments according to the Dutch company’s reporting of its latest financial results.

“Intelligent energy platform” company Kaluza is claiming a UK first as it provides one of the country’s distribution network operators (DNOs) with flexibility from domestic batteries and transport solutions using one platform.